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 December 11, 2025
Rep. Brian Fitzpatrick, R-Pa., on Wednesday filed a discharge petition to force a vote on a two-year extension of the enhanced Affordable Care Act tax credits, as House GOP leadership eyes a health care vote next week that won’t include such a measure.
Taxes December 11, 2025
Boston Mayor Michelle Wu has said the new tax rates will result in a 13%, or $780 increase, in property taxes for the average single-family homeowner next year.
Taxes December 9, 2025
Mayor Brandon Johnson proposed a new version of his head tax Tuesday, now pushing a $33-per-employee monthly tax on companies with over 500 Chicago employees.
Taxes December 9, 2025
The Boston City Council is expected to vote Wednesday to set the residential tax rate at $12.40 per thousand dollars of assessed value and commercial tax rate at $26.96 per thousand dollars of assessed value.
Taxes December 9, 2025
Gov. Maura Healey on Tuesday called on Congress to approve an extension of Affordable Care Act tax credits, warning that health care costs for millions of Americans would skyrocket if lawmakers fail to act.
Taxes December 9, 2025
A Michigan judge ruled against marijuana businesses in the state Dec. 8, rejecting their arguments that a new 24% wholesale tax on their products, imposed by the Legislature as part of a road-funding deal, should be immediately blocked.
Technology December 9, 2025
Ramp has launched 1099 filing directly inside its Bill Pay product, giving businesses a fully integrated solution to prepare and file forms 1099-NEC and 1099-MISC in just a few clicks.
Taxes December 8, 2025
Republican U.S. Sens. Bernie Moreno of Ohio and Susan Collins of Maine are introducing legislation to extend the tax credits for two years while imposing new restrictions on eligibility.
Taxes December 8, 2025
Even if you never claim a tax deduction, the federal government may still know which charities you support.
Taxes December 8, 2025
The suggestions include recommendations to help alleviate time compression constraints currently impacting the ability of tax practitioners to prepare complete and accurate returns for PTEs, specifically those with tiered structures.
Legislation December 8, 2025
For CPAs, accountants, and tax professionals, the OBBB delivers sweeping reforms, some long-awaited from the Tax Cuts and Jobs Act (TCJA) of 2017 and some unexpected.
Taxes December 6, 2025
With an S corporation, the owners are of the business essentially taxed like partners in a partnership. In contrast, C corporation owners must cope with “double taxation” where income is first taxable to the corporation and then distributions are taxed to the owners.