Taxes September 11, 2026
Bloomberg Tax & Accounting Projects 2027 Tax Rates
The annual Projected U.S. Tax Rates Report enables tax professionals and taxpayers to begin planning for the upcoming year ahead of the official IRS announcement this fall.
Taxes April 15, 2026
Ex-Connecticut Tax Preparer Gets 18-Month Prison Sentence for Filing $1.06M in False Returns
Diana Miller-Lloyd, 45, of Port Orange, FL, who was convicted of preparing false tax returns while running a Connecticut-based tax preparation business, was sentenced Tuesday to a year and six months in prison.
Taxes April 14, 2026
As Tax Day Nears, Average Refund Nowhere Close to Trump’s Projected $1,000 Increase
The latest IRS data from the 2026 tax season, released last week, shows the average refund is up but is nowhere close to the numbers touted by the White House.
Taxes April 14, 2026
New Tax Rule Raises the Stakes for Gamblers, CPAs Say
A change in federal tax law taking effect this year could leave some gamblers owing taxes even when they lose money by limiting how much they can deduct in losses when they file their tax returns.
Taxes April 14, 2026
Tax Court OKs Disallowance of Accrued Expenses
Usually, a small business owner will choose to use the cash method of accounting for simplified recordkeeping reasons.
Taxes April 14, 2026
3 Things Crypto Investors Can Do Now to Make 2027 Tax Reporting Easier
To help investors get ahead, the founder of a crypto tax platform urges users to take proactive steps this year to avoid hefty IRS penalties next year.
Taxes April 14, 2026
Number of Millionaire Taxpayers Jumped in New York in 2024
Millionaires accounted for fewer than 1% of all taxpayers in New York in 2024, according to the state. But they paid more than 44% of all personal income taxes.
Taxes April 13, 2026
Trump Has McDonald’s DoorDashed to Oval Office to Tout ‘No Tax on Tips’ Policy
Sharon Simmons, a DoorDash employee from Arkansas, delivered a McDonald's lunch to President Donald Trump at the doors of the Oval Office Monday, claiming she's saved $11,000 from the president’s tax policy.
Taxes April 13, 2026
Understanding the Federal R&D Tax Credit
Beginning with the 2025 tax year, the One Big Beautiful Bill Act allows U.S. businesses to fully deduct domestic R&D expenses in the year they are incurred.
Software April 13, 2026
Navigating OBBBA: How Software Companies Can Optimize Their Tax Strategy
The companies that treat OBBBA as purely a compliance exercise will survive. The ones that use it to fundamentally rethink their tax strategy will have a competitive advantage.
Taxes April 13, 2026
IRS Extends Tax Filing Deadline for Washington Residents Impacted by December 2025 Floods
Taxpayers who live in or have a business in 16 counties in Washington state have until May 1 to file federal and business tax returns and make payments, the IRS said.
Taxes April 13, 2026
Nonprofits Push New York State Lawmakers to ‘Stand Strong’ on Tax Hikes for Wealthy
A bevy of New York City nonprofit groups are urging state lawmakers to keep pushing Gov. Kathy Hochul to grant Mayor Zohran Mamdani's asks for tax hikes on the city's wealthiest residents and most profitable corporations.
Taxes April 13, 2026
Massachusetts House Speaker Trashes Income Tax Ballot Question: ‘It’s Just Such Nonsense’
Speaking at the Fairmount Copley Plaza hotel, state Democratic House Speaker Ron Mariano painted an apocalyptic picture of what would happen if voters approve the income tax cut this fall.