Benefits May 29, 2026
Don’t Forget About Tax on Social Security Benefits
Seniors can lower their PI via capital losses, annuities, growth stocks, life insurance, or IRA contributions.
Taxes November 20, 2025
Missouri Gov. Says He Plans to Phase Out State’s Income Tax
Missouri Gov. Mike Kehoe has offered no specifics about his plan but said it revolves around offsetting the $10 billion generated by the state’s 4.7% income tax rate, which represents about 63% of the state’s general revenue.
Taxes November 19, 2025
Maximizing 2025 Year-End Planning Before the OBBBA’s Changes Take Effect
An investment portfolio where any one stock has appreciated dramatically over the original purchase is the perfect candidate for a contribution to a charitable organization or a DAF.
Taxes November 19, 2025
Wolters Kluwer Highlights CCH Axcess Scan and Expert AI Tax Automation Strategies at Microsoft Ignite
A centerpiece of the discussion was CCH Axcess Scan, an innovative solution powered by Expert AI and Azure AI services.
Taxes November 19, 2025
Senate Appears Polarized as ACA Subsidy Cliff Nears
During a Senate Finance Committee hearing on health care affordability on Nov. 19, members found no middle ground on how to lower costs for those relying on expiring tax credits.
Taxes November 19, 2025
Senator Has the Tax-Exempt Status of College Athletics Revenue in Her Crosshairs
In a letter to the Joint Committee on Taxation, Sen. Maria Cantwell (D-WA) called for an analysis of the current landscape of college athletics centered around the policies that shield much of the industry from taxation.
Taxes November 19, 2025
Just Desserts for Missing Charitable Records
As evidenced by a taxpayer in a new case, Besaw, TC Sum. Op. 2025-7, 7/21/25, just missing one or two of the key ingredients can spoil the deal.
Taxes November 19, 2025
Trump Draws Line in Sand on Extending ACA Tax Credits
President Donald Trump on Tuesday gave his sharpest rebuke of congressional Democrats’ efforts to extend expiring Affordable Care Act enhanced tax credits, saying he would not support legislation to do so.
Taxes November 19, 2025
Tax Documents Show Trump Library is Counting on a $1 Billion Fundraising Haul
Donald Trump’s presidential library foundation plans to raise almost a billion dollars in tax-exempt contributions over the next two years to build and operate his high-rise legacy project in downtown Miami, according to new tax filings.
Taxes November 18, 2025
Chicago Mayor’s Head Tax Plan Defeated in Council Committee Vote
Chicago aldermen voted down Mayor Brandon Johnson’s 2026 budget in a Monday committee vote, a historic display of rebellion against the freshman mayor who has been struggling to shore up support for his controversial head tax.
Special Section: Guide to 2025 Tax Changes November 18, 2025
New Tax Breaks for Qualified Opportunity Zones – OBBBA Tax Law Changes
The OBBBA generally enhances the tax benefits available for investments in the Qualified Opportunity Zone (QOZ) program and makes these favorable tax law changes permanent.
Taxes November 18, 2025
Ex-Connecticut Tax Preparer Pleads Guilty to Tax Fraud After Owing Over $400K to the IRS
Diana Miller-Lloyd, 44, who currently lives in Jacksonville, FL, pleaded guilty in Hartford federal court to aiding in the preparation of false tax returns.
Taxes November 18, 2025
IRS Keeps Tax Interest Rates the Same for Q1 of 2026
For individuals, the rate for tax underpayments and overpayments will be 7% per year, compounded daily, the IRS said on Nov. 13.