Taxes January 16, 2026
Intuit Opens a Brick and Mortar TurboTax Office in New York City, Plans On Locations Nationwide
Intuit says it plans to launch nearly 600 Expert Office locations, and 20 new TurboTax stores in locations across the nation.
Taxes January 6, 2026
7 Wild and Crazy Tax Deductions that the IRS Actually Allowed
As the 2026 tax filing season gets underway, take note of these seven “wild and crazy” deductions that have previously been allowed.
Taxes January 6, 2026
New Postmark Change Impacts Tax Filings, Extensions, and More
A quietly released USPS postmark change update is changing how postmark dates are defined and applied, creating real problems for taxpayers.
Taxes January 6, 2026
AICPA Recommends Automating Extension Process for Taxpayers Affected by Federally Declared Disasters
The AICPA is requesting that the IRS leverage the use of its online taxpayer accounts to streamline the extension request submissions and notifications for section 1033 requests.
Taxes January 5, 2026
Billionaire Tax Proposal Sparks Soul-Searching for Californians
The controversial proposed ballot measure is already creating fractures among powerful Democrats who enjoy tremendous sway in California.
Taxes January 5, 2026
These States Cut Their Income Tax for 2026. Could Massachusetts Be Next?
The pro-business Massachusetts Opportunity Alliance is pushing for a pair of proposed ballot questions this year. One of them would lower the state’s income tax from 5% to 4%.
Taxes January 5, 2026
Solar Installers Pivot After ‘Mad Rush’ to Claim Residential Tax Credit Ends
With a Dec. 31 deadline to connect solar panels before a significant federal tax credit for homeowners expired, installers were racing to mount panels before the incentive evaporated.
Taxes January 5, 2026
Bettors’ Phantom Winnings—in Nevada and Elsewhere—Now Face Real Tax Liability
Gamblers and casual bettors nationwide face a new tax reality: Starting in 2026, they can deduct just 90% of their losses against winnings, a drop from the prior full 100% allowance.
Taxes January 2, 2026
Vrbo Parent Company Sues Michigan Over $18.8 Million Tax Bill
The short-term vacation rental platform HomeAway has sued Michigan's Department of Treasury, disputing an $18.8 million use tax bill levied for the years 2020 through 2022.
Taxes January 2, 2026
AICPA Asks IRS for Guidance on the Application of CAMT to Partnerships, Partners
The AICPA said its recommendations to the Treasury Department and the IRS aim to make the rules easier to understand and follow, which would help businesses comply with the law without facing excessive administrative burdens or uncertainty.
Taxes December 31, 2025
IRS Issues Proposed Regs on OBBBA’s Car Loan Interest Deduction
The IRS and U.S. Treasury just rolled out official guidance on a brand-new tax deduction that could save car buyers up to $10,000 in 2026.
Taxes December 31, 2025
IRS-CI Releases Its 2025 Highlight Reel
From tax evasion to cybercrime, IRS Criminal Investigation’s top 10 cases of 2025 resulted in multiyear prison sentences and multimillion-dollar financial settlements.
Taxes December 30, 2025
IRS Raises Business Standard Mileage Rate to 72.5 Cents Per Mile for 2026
The IRS announced on Dec. 29 that the optional standard mileage rate for business use of automobiles will increase by 2.5 cents to 72.5 cents per mile driven in 2026.