IRS August 6, 2026
Higher Ed Prepares for New IRS E-Filing System
Colleges and universities will soon have to replace the decades-old IRS filing system they use to submit information returns.
Taxes February 17, 2026
Trump’s Tax Rules Still Unclear to U.S. Clean-Energy Industry
The Trump administration’s interim guidance on clean energy tax credits released Thursday offered some relief to the industry by laying out a manageable path for new projects. But, it still left investors uncertain.
Technology February 16, 2026
The Decline of Human Intelligence in Tax Strategy: Is AI Replacing Smart Accountants?
While the industry is obsessed with how artificial intelligence will automate tax preparation, it is ignoring a much larger crisis: the decline of human intelligence in tax strategy.
Taxes February 16, 2026
Massachusetts Lawmakers Urged to ‘Opt Out’ of New Federal Tax Policies
Gov. Maura Healey has proposed delaying implementation until next year of what she described as the five “most costliest” changes in the federal tax code created by the One Big Beautiful Bill Act.
Taxes February 16, 2026
Column: Another ‘Millionaires Tax’ Finds Seattle is Far Richer Than Anyone Knew
The city’s new social housing tax, levied on lofty pay packages to pay for public housing, was due Jan. 31. The startling news was that it blew the projections out of the water.
Taxes February 13, 2026
Tax Court Slams Brakes on Charitable Deduction
The Tax Court immediately nixed the deduction because of the inadequate substantiation and the lack of any appraisal for high-income items.
Taxes February 13, 2026
IRS Issues Guidance on Prohibited Foreign Entity Restrictions for Energy Tax Credits
The One Big Beautiful Bill Act introduced comprehensive foreign entity of concern rules forbidding prohibited foreign entities from claiming clean energy tax credits.
Taxes February 12, 2026
Senate Votes to Overturn D.C. Tax Decoupling, as Locals Push Back
The Senate passed a joint resolution on Thursday blocking changes to the District of Columbia’s tax code, which will now head to President Donald Trump’s desk.
Small Business February 12, 2026
Small Business Owners Lose 33 Workdays a Year to Tax and Financial Stress, Xero Study Finds
Based on a survey of U.S. small business owners, Xero's "Emotional Tax Return 2026 Report" confirms that financial stress isn't just confined to tax season but instead has become a year-round emotional burden.
Taxes February 12, 2026
Wyden Assails Trump Over $10 Billion Lawsuit Against IRS
Oregon Democratic Sen. Ron Wyden introduced a bill Feb. 10 to block the president from receiving any payout, by levying a 100% tax on it. The legislation is unlikely to move given Republicans’ majority in the Senate.
IRS February 12, 2026
Don’t Get Swept Off Your Feet by Romance Fraud, IRS Warns
As Valentine's Day nears, the IRS Criminal Investigation unit is getting the word out about a surge in romance scams and offering tips to avoid becoming a victim.
Taxes February 11, 2026
Trump’s OBBBA Cut Taxes on Tips, But Here’s Why Servers in Illinois and Other States Will Still Pay
Under the One Big Beautiful Bill Act, U.S. workers can now temporarily deduct tips from their federal income taxes, up to a $25,000 limit. But Illinois is one of the states that are decoupling with the policy, so tipped income will still be taxed at the state level.
Taxes February 11, 2026
AICPA to IRS: Simplify ‘Determine and Document’ Requirement in Section 951
The AICPA recommends the IRS modify and simplify the “determine and document” requirement in Notice 2025-75 by either eliminating or significantly paring back the documentation requirement or alternatively adopting a per se rule or safe harbor.