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Taxes

IRS Increases Health Savings Account Limits for 2027

IRS May 29, 2026 

IRS Increases Health Savings Account Limits for 2027

The IRS on Friday released its annual inflation-adjusted amounts for health savings accounts for calendar-year 2027, with across-the-board increases.

Jason Bramwell

Featured Articles

May 29, 2026  

Judge Temporarily Halts DOJ ‘Anti-Weaponization Fund’

May 29, 2026  

Tax the Rich, DeSantis Suggests to Florida Counties Worried About His Property Tax Plan

May 29, 2026  

Don’t Forget About Tax on Social Security Benefits

May 29, 2026  

Property Tax Appeal Offers: Help Clients Look Beyond Gross Savings

May 29, 2026  

AICPA Asks Treasury and IRS for Further Guidance on Proposed Trump Account Regulations
Newsom Describes Calls with Anguished Rich as He Continues Opposing California Billionaire Tax

Taxes January 30, 2026 

Newsom Describes Calls with Anguished Rich as He Continues Opposing California Billionaire Tax

At a Bloomberg forum event in San Francisco, California Gov. Gavin Newsom said the proposed billionaire tax would ultimately degrade the state’s tax base as the ultrawealthy left the state.

Trump Sues IRS and the Treasury Department for $10B Over Leak of His Tax Returns

Taxes January 30, 2026 

Trump Sues IRS and the Treasury Department for $10B Over Leak of His Tax Returns

The suit was filed Thursday in Miami federal court by the president, his sons Donald Jr. and Eric, and the Trump Organization, which manages the president’s real estate holdings.

Some Taxpayers are Considering Not Paying – Think Again, Says Preparer

Taxes January 29, 2026 

Some Taxpayers are Considering Not Paying – Think Again, Says Preparer

There's historical precedent for tax protests, but there are real-world consequences to not paying taxes that one Connecticut tax preparer said makes such a protest inadvisable.

IRS Announced Major Reorganization Just Ahead of Tax Season

IRS January 29, 2026 

IRS Announced Major Reorganization Just Ahead of Tax Season

As the 2026 tax season gets underway, the head of the IRS announced a major shake-up, initiating personnel and operational changes intended to improve taxpayer service and modernize the agency.

Report: Massachusetts Income Tax Cut Could Cost State $5 Billion

Taxes January 29, 2026 

Report: Massachusetts Income Tax Cut Could Cost State $5 Billion

Inching toward the Nov. 3 ballot is a proposal to reduce the state's personal income tax rate from 5% to 4% over three years, which backers say would save individual taxpayers an estimated $4,000 during that period.

Opposition Lines Up Against Missouri Governor’s Tax Swap Plan

Taxes January 29, 2026 

Opposition Lines Up Against Missouri Governor’s Tax Swap Plan

Republican Gov. Mike Kehoe’s bid to replace Missouri’s income tax with sales and use taxes ran into a wall of opposition from some of the state’s major lobbying groups Wednesday.

Mamdani Launches Push to Tax the Wealthy as He Blames NYC $12 Billion Budget Gap on Adams

Taxes January 28, 2026 

Mamdani Launches Push to Tax the Wealthy as He Blames NYC $12 Billion Budget Gap on Adams

New York City Mayor Zohran Mamdani lambasted former Mayor Eric Adams for a “fiscal crisis” on Wednesday, laying the blame on Adams for a budget gap that could exceed $12 billion.

After ‘Smooth’ 2025 Tax Season, Taxpayer Advocate Anticipates Challenges This Year

Taxes January 28, 2026 

After ‘Smooth’ 2025 Tax Season, Taxpayer Advocate Anticipates Challenges This Year

As the IRS enters the 2026 tax season facing workforce reductions and implementing major tax law changes, National Taxpayer Advocate Erin Collins warns in a new report that taxpayers could encounter more challenges when filing their taxes this year.

Jason Bramwell

Illinois Gov. JB Pritzker Urged to Opt Out of Federal Voucher Tax Credit Program

Taxes January 28, 2026 

Illinois Gov. JB Pritzker Urged to Opt Out of Federal Voucher Tax Credit Program

Dozens of public school advocates gathered outside of the Governor’s Office in the West Loop Tuesday morning, demanding that Pritzker choose not to participate.

Los Angeles City Council Puts Off Yet Another Attempt to Rewrite the City’s ‘Mansion Tax’

Taxes January 28, 2026 

Los Angeles City Council Puts Off Yet Another Attempt to Rewrite the City’s ‘Mansion Tax’

City Council member Nithya Raman took her own shot at rewriting the tax, saying she too believes it is holding back housing production. But council members refused to take up Raman's proposal on Jan. 27.

IRS Issues FAQs About Trump Executive Order on Electronic Payments

Taxes January 27, 2026 

IRS Issues FAQs About Trump Executive Order on Electronic Payments

The IRS released frequently asked questions on Tuesday regarding how an executive order from President Donald Trump will impact the way taxpayers receive tax refunds and make tax payments.

Jason Bramwell

IRS Posts FAQs About New OBBBA Deduction for Overtime Pay

Taxes January 27, 2026 

IRS Posts FAQs About New OBBBA Deduction for Overtime Pay

The Treasury Department and the IRS on Jan. 23 issued a fact sheet containing frequently asked questions related to the new tax deduction for qualified overtime compensation under the One Big Beautiful Bill Act.

Jason Bramwell

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