Taxes December 17, 2025
Trump Announces $1,776 ‘Warrior Dividend’ Bonuses for Active Military and Some Reserves
The "Warrior Dividend" President Donald Trump announced Dec. 17 is $1,776 and will be sent to service members before Christmas.
Income Tax November 27, 2025
IRS Income Tax Refund Schedule for 2026 – When Will You Get Your Refund?
An easy calendar with no log-in or financial data needed to see an estimate of when you may receive your income tax refund, based on when you file.
Taxes November 26, 2025
Sen. Jim Justice to Pay $5.2M in Overdue Taxes After DOJ Suit
The Republican senator from West Virginia and his wife owed the $5.2 million going back to at least 2009. The Justice Department sued Nov. 24 to collect the money, and the Justice family agreed hours later to pay up.
Accounting November 25, 2025
THIS WEEK: Free Online CPE and IRS CE Conference Dec. 10-11
The event is free for professionals - all sessions qualify for one hour of certified CPE credit in various fields of study, while five of the tax-focused sessions also offer an hour each of CE credit.
Taxes November 25, 2025
IRS Seeks Comments on New OBBBA Tax Credit Scholarship Program
The Treasury Department and the IRS are seeking feedback on the implementation of a new federal tax credit scholarship program under the One Big Beautiful Bill Act designed to support school choice initiatives and students with education-related expenses.
Taxes November 25, 2025
AICPA Offers Comments on MTC State Partnership Income Sourcing Rules
The letter’s general recommendation asks for definition of which rules partnerships should apply when computing entry-level taxes.
Taxes November 25, 2025
Wolters Kluwer Launches New TaxWise Online with AI Features for Tax Pros
TaxWise Online now integrates Wolters Kluwer Expert AI, a proprietary layer of generative and agentic capabilities that elevates how tax preparers work, make decisions, and deliver value.
Taxes November 25, 2025
A Shifting Trump-Era Landscape in Public Finance
State and local financial managers face the impact of federal aid cutbacks, plus new rules and even some opportunities. It’s a time to focus on what’s practical and necessary, both near and longer term.
Taxes November 24, 2025
New Jersey Gov.-Elect Sherrill Suggests State Could Stop Paying Federal Taxes in Swipe at Trump
While speaking with comedian Jon Stewart earlier this week, Mikie Sherrill called the prospect of the state withholding federal tax dollars a “good idea,” adding, “I think about that all the time.”
Taxes November 24, 2025
AICPA Makes Recommendations to IRS and Treasury on ‘All or Nothing’ Approach to Dual Consolidated Loss
The AICPA is asking Treasury and the IRS to allow an exception for these permanently disallowed amounts so companies aren’t penalized unnecessarily.
Taxes November 23, 2025
If Georgia Eliminates the Income Tax, There Are Costly Tradeoffs to Consider
With this complex issue, the state needs to proceed with caution and learn from what happens in states without an income tax, a professor of economics says.
Taxes November 21, 2025
IRS Issues Guidance for Workers Who Received Tips or Overtime in Tax Year 2025
The Treasury Department and the IRS issued guidance on Nov. 21 for employees who are eligible to claim the deduction for tips and for overtime compensation under the One Big Beautiful Bill Act for the 2025 tax year.
Taxes November 21, 2025
IRS Provides Tax Break to Lenders on Rural and Agricultural Real Estate Loans
The Treasury Department and the IRS released interim guidance Nov. 20 on a new tax benefit for certain lenders, such as FDIC-insured banks, that provide loans secured by rural or agricultural real estate.