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Taxes

2026 Readers’ Choice Awards Spotlight the Best Accounting, Tax & Small Business Tech

Technology May 11, 2026 

2026 Readers’ Choice Awards Spotlight the Best Accounting, Tax & Small Business Tech

The Readers' Choice Awards give readers the chance to spotlight the technologies they most respect and trust to provide client services, manage their firms, and help their clients run their businesses.

Isaac M. O'Bannon

Featured Articles

May 22, 2026  

Regulatory Complexity is Top Tax Risk Heading Into the Next 12 Months, BDO USA Survey Finds

May 22, 2026  

Taxes and Marriage: Innocent Spouse Relief Isn’t Guaranteed Forever

May 22, 2026  

How Much of ‘Survivor 50′ Champion’s Winnings—the Biggest Prize in Show History—Will Go to Taxes?

May 21, 2026  

5 Tax Planning Moves to Make Due to the One Big Beautiful Bill Act

May 21, 2026  

Show Your Client’s Support for Education by Encouraging Them to Donate Excess Inventory
New York Gov. Hochul Says Deal on State Budget Includes NYC Pied-à-Terre Tax

Taxes May 11, 2026 

New York Gov. Hochul Says Deal on State Budget Includes NYC Pied-à-Terre Tax

Gov. Kathy Hochul announced a handshake deal Thursday on a $268 billion state budget that includes a controversial pied-à-terre tax on second homes in New York City aimed at bringing more money to city coffers.

IRS1

Taxes May 11, 2026 

IRS Plans Settlement Offers in Conservation Easement Disputes

The IRS said last week that it will soon release the terms of a limited-time settlement opportunity for eligible taxpayers involved in conservation easement disputes.

Jason Bramwell

‘Survivor’ Winner Reveals How Much of $1M Prize She Actually Kept After Taxes

Taxes May 11, 2026 

‘Survivor’ Winner Reveals How Much of $1M Prize She Actually Kept After Taxes

Savannah Louie, who won season 49 of the CBS competition series, shared the details during an appearance on the “Financial Tea with Mrs. Dow Jones” podcast, where she described the tax bill as a shock.

New Court Case Paves Way for Additional Disaster Refund Claims

Taxes May 11, 2026 

New Court Case Paves Way for Additional Disaster Refund Claims

The main issue contested in the new case was whether section 7508A relief should be applied broadly to taxpayer responsibilities or be limited by IRS pronouncements.

Ken Berry, JD

IRS Seeks IRSAC Members for 2027

IRS May 11, 2026 

IRS Seeks IRSAC Members for 2027

Interested in serving on the Internal Revenue Service Advisory Council next year? If so, you have until June 5 to submit your IRSAC application to the IRS.

Jason Bramwell

IRS: Applications for TCE and VITA Program Grants Now Accepted

Taxes May 11, 2026 

IRS: Applications for TCE and VITA Program Grants Now Accepted

The IRS is accepting applications for Tax Counseling for the Elderly and Volunteer Income Tax Assistance grants through the end of the month.

Jason Bramwell

IRS Issues Guidance on Dyed Fuel Refund Claims

Taxes May 11, 2026 

IRS Issues Guidance on Dyed Fuel Refund Claims

The Treasury Department and the IRS released temporary regulations and a notice of proposed rulemaking on April 30 highlighting new requirements for recovering federal excise tax paid on dyed fuel under the One Big Beautiful Bill Act.

Jason Bramwell

IRS Issues Proposed Regs on New 1% Excise Tax on Remittance Transfers

Taxes May 11, 2026 

IRS Issues Proposed Regs on New 1% Excise Tax on Remittance Transfers

There's one month left to provide comments to the Treasury Department and the IRS on proposed regulations recently issued for the new 1% excise tax imposed on certain remittance transfers under the One Big Beautiful Bill Act.

Jason Bramwell

2026 Readers’ Choice Awards Spotlight the Best Accounting, Tax & Small Business Tech

Technology May 11, 2026 

2026 Readers’ Choice Awards Spotlight the Best Accounting, Tax & Small Business Tech

The Readers' Choice Awards give readers the chance to spotlight the technologies they most respect and trust to provide client services, manage their firms, and help their clients run their businesses.

Isaac M. O'Bannon

You Might Be Owed a COVID Refund From the IRS, But the Clock is Ticking Fast

Taxes May 8, 2026 

You Might Be Owed a COVID Refund From the IRS, But the Clock is Ticking Fast

Millions of Americans may be eligible for a COVID-19 refund from the IRS, but you have to act fast, said the National Taxpayer Advocate.

Florida Tax Preparer Pleads Guilty in $4 Million PPP Fraud Scheme

Taxes May 8, 2026 

Florida Tax Preparer Pleads Guilty in $4 Million PPP Fraud Scheme

Roody Metelus, 47, of Broward County, FL, has pleaded guilty to his involvement in a scheme where he submitted hundreds of fraudulent COVID-19 loan applications during the pandemic, amounting to more than $4 million.

Will the ‘Millionaires Tax’ Hurt Seattle Sports? It’s Complicated

Taxes May 8, 2026 

Will the ‘Millionaires Tax’ Hurt Seattle Sports? It’s Complicated

A higher state income tax could add a layer of uncertainty and complexity to how Seattle sports teams handle free agency.

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