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Taxes

Voting Opens for 2026 Readers’ Choice Awards!

Accounting February 28, 2026 

Voting Opens for 2026 Readers’ Choice Awards!

Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.

Isaac M. O'Bannon

Featured Articles

April 7, 2026  

Tax Season Brings Surprises for Some Who Receive ACA Subsidies

April 7, 2026  

Renowned Travel Writer Rick Steves Weighs in on Washington ‘Millionaires Tax’

April 6, 2026  

Average 2026 Tax Refund Up $350 Year Over Year, IRS Data Shows, as Tax Deadline Approaches

April 6, 2026  

IRS: Business Tax Accounts Expand to Partnerships, Tax-Exempt Groups, and Government Entities

April 6, 2026  

As Tax Day Nears, Service Members Warned: ‘A Lot of Scams Out There’
Trump Extends China Truce for 90 Days, Averting Tariff Hike

Taxes August 12, 2025 

Trump Extends China Truce for 90 Days, Averting Tariff Hike

President Donald Trump extended a pause of sky-high tariffs on Chinese goods for another 90 days into early November, stabilizing trade ties between the world’s two largest economies.

Corporate Tax Leaders’ Role Has Shifted to C-Suite Business Advisor, BDO USA Says

Taxes August 11, 2025 

Corporate Tax Leaders’ Role Has Shifted to C-Suite Business Advisor, BDO USA Says

A new BDO USA survey reveals how tax executives have evolved into business strategists on policy changes, tech innovation, and rising business complexity.

Jason Bramwell

Why California’s Wealthiest Taxpayers Could Get Less of a Trump Tax Break

Taxes August 11, 2025 

Why California’s Wealthiest Taxpayers Could Get Less of a Trump Tax Break

SALT, which can be claimed by taxpayers who itemize their deductions, is why the very rich get less of a break in California than most other states, according to experts.

Small U.S. Businesses Paying Trump Tariffs Face a $202 Billion Hit

Small Business August 11, 2025 

Small U.S. Businesses Paying Trump Tariffs Face a $202 Billion Hit

Small U.S. companies, the source of more than half of the country’s job creation in recent years, are struggling to comply with President Donald Trump’s new tariffs and cope with growing financial strains clobbering them from higher import costs.

These States Have the Highest Share of Homeowners Who Would Benefit if Trump Scraps Capital Gains Tax

Taxes August 11, 2025 

These States Have the Highest Share of Homeowners Who Would Benefit if Trump Scraps Capital Gains Tax

The biggest potential beneficiaries are those who have already built considerable wealth through their property, and they mainly come from states where home prices are high and have increased quickly, according to a Redfin report.

Jason Bramwell

‘Millionaire’s Tax’ Cash Flooded Massachusetts’ Coffers Last Year

Taxes August 11, 2025 

‘Millionaire’s Tax’ Cash Flooded Massachusetts’ Coffers Last Year

Massachusetts collected $43.7 billion in the budget year that ended on June 30, driven by healthy collections from the state’s Millionaire’s Tax and a new capital gains tax, state data show.

IRS Commissioner Billy Long Removed by Trump Two Months After Confirmation

IRS August 8, 2025 

IRS Commissioner Billy Long Removed by Trump Two Months After Confirmation

Treasury Secretary Scott Bessent will add acting IRS chief to his duties until Long's replacement is installed.

Ledgible and BitGo Partner to Help Crypto Clients Stay Tax Compliant

Technology August 8, 2025 

Ledgible and BitGo Partner to Help Crypto Clients Stay Tax Compliant

Through this partnership, BitGo clients gain direct access to Ledgible’s tax information reporting and accounting solutions, built to meet the demands of enterprises, fund managers, and financial institutions.

Jason Bramwell

Bessent Pressed by MSNBC Analyst on How Tariffs Are Paid

Taxes August 7, 2025 

Bessent Pressed by MSNBC Analyst on How Tariffs Are Paid

On MSNBC’s “Morning Joe,” Eugene Robinson walked Treasury Secretary Scott Bessent through addressing the “confusion” when it comes to whether a U.S. importer or another country would have to pay for tariffs.

IRS Says No Changes Needed for Individual Information Returns or Withholding Tables for 2025

OBBBA Tax Act August 7, 2025 

IRS Says No Changes Needed for Individual Information Returns or Withholding Tables for 2025

The Internal Revenue Service recently stated that, as part of its phased implementation of the One Big Beautiful Bill Act, there will be no changes to certain information returns or withholding tables for Tax Year 2025 related to the new law.

Isaac M. O'Bannon

Trump’s Tariffs Take Effect in Fresh Test for Global Economy

Taxes August 7, 2025 

Trump’s Tariffs Take Effect in Fresh Test for Global Economy

Taken together, President Trump’s actions will push the average U.S. tariff rate to 15.2%, well above 2.3% last year and the highest level since the World War II era.

OBBBA: Where to Start for Corporations

Taxes August 7, 2025 

OBBBA: Where to Start for Corporations

The One Big Beautiful Bill Act (OBBBA) has introduced several changes with important implications for businesses.

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