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.
Taxes April 24, 2025
First-Quarter Tax Lobbying Explodes as Reconciliation Package Looms
There were more than 300 new lobbying registrations—disclosures firms file when they acquire new clients—citing tax policy issues, up more than 200% compared to the first quarter last year and more than 260% compared to the previous quarter.
Taxes April 23, 2025
Ex-Treasury Secretary Says Trump ‘Attack’ on IRS Risks $1 Trillion Revenue Hit
Lawrence Summers said that the Trump administration’s moves to downsize the IRS, along with other changes, are likely to incentivize reduced tax-payment compliance.
Taxes April 22, 2025
Millionaire Tax Would Generate About $400 Billion in Revenue
A Republican proposal to tax income over $1 million at a 40% rate could generate around $400 billion over a decade, according to estimates from the Budget Lab at Yale and the Tax Foundation.
Taxes April 22, 2025
California Could Give Tax Credit to Businesses for Cleaning Up After Homeless
Sacramento Assemblywoman Stephanie Nguyen, D-Elk Grove, highlighted a new bill this week that would give a tax credit to business owners who say they have to spend money cleaning up after people who camp out on or near their properties.
Taxes April 22, 2025
Now’s the Time to Adjust Tax Withholdings on Your Paycheck, IRS Urges
By checking tax withholding, individuals can prevent having to owe additional money and any potential penalties at tax time.
Taxes April 21, 2025
Harvard is Taking the Trump Administration to Court
After the feds froze more than $2 billion in grants to the Cambridge campus and threatened its tax-exempt status, Harvard University has filed a lawsuit against the Trump administration in Massachusetts federal court.
Payroll April 21, 2025
Want to Take Home $100K After Taxes? Here’s How Much You Need to Earn
A study by GoBankingRates found that nationally the average person needed to earn $130,000 to take home $100,000 after factoring in federal and state income taxes.
IRS April 19, 2025
Bessent Replaces Acting IRS Commissioner in Musk Power Struggle
Treasury Secretary Scott Bessent appointed his deputy, Michael Faulkender, as the next acting chief of the IRS after reports the current leader of the agency, Gary Shapley, had been installed at the urging of Elon Musk without Bessent’s knowledge.
IRS April 18, 2025
IRS DRP 2.0 Contract Language: Would You Sign It?
Many IRS employees, who didn't take the first deferred resignation offer earlier this year, jumped at the chance to take the buyout this time around, while others have decided to ride it out, hoping they will be spared from the reduction in force plans at the tax agency.
IRS April 18, 2025
IRS Workers Whose Roles Are ‘Deemed Critical’ Get Rejected For DRP 2.0
The IRS is telling some employees who have requested to take the latest deferred resignation offer from the Department of the Treasury that they're ineligible because their positions within the tax agency are "deemed critical."
Taxes April 18, 2025
Maryland Lawmakers Consider Taxing Services and Intellectual Property
Maryland needs more tax revenue. Taxing business services and/or intellectual property and media rights could help the Old Line State fill a looming $3 billion budget gap.
Taxes April 18, 2025
The Tax Law Roundup – April 2025
The Tax Law Roundup is a collection of recent sales, VAT and other transactional and business operations tax news compiled and shared with us by the transaction and business tax experts at Avalara.