Taxes July 17, 2026
Some state lawmakers are reviving the push to tax Michigan’s wealthiest earners to drum up more money for K-12 schools after a campaign to get a proposal on November’s ballot was suspended earlier this year.
Taxes January 6, 2026
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
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
The controversial proposed ballot measure is already creating fractures among powerful Democrats who enjoy tremendous sway in California.
Taxes January 5, 2026
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
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
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
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
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
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
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
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.
Taxes December 30, 2025
If passed by California voters in November 2026, the measure would impose a one-time tax of 5% on individuals with assets worth $1 billion or more.