Income Tax July 22, 2026
Seven Form 990 Red Flags CPAs Should Not Ignore
A difference in wording is not necessarily a problem. Yet at the same time, a material change in purpose or activity may be.
IRS August 26, 2025
IRS Unveils 2026 Draft W-2 Form with Trump Tax Law Provisions
The IRS released a draft W-2 form for 2026 on Aug. 15 that takes into account tax provisions in the One Big Beautiful Bill Act for deductions related to tip income and overtime pay.
Taxes August 26, 2025
IRS Issues Fact Sheet on Expiring Clean Energy Tax Incentives
The IRS on Aug. 21 issued a fact sheet containing frequently asked questions about Biden-era clean energy tax credits and deductions soon to expire under the One Big Beautiful Bill Act.
Taxes August 26, 2025
Trump Vows Export Curbs, Tariffs in Digital Tax Reprisal
The president threatened to impose fresh tariffs and export restrictions on advanced technology and semiconductors in retaliation against other nations’ digital services taxes that target U.S. technology companies.
Taxes August 25, 2025
IRS Says Tax Interest Rates to Stay Unchanged for Q4 of 2025
For individuals, the rate for overpayments and underpayments will be 7% per year, compounded daily, the IRS said on Aug. 25.
Taxes August 25, 2025
‘Ghost’ Tax Preparer Sentenced to 22 Months in Prison for Tax Fraud
Kim Brown, 40, of Augusta, GA, pleaded guilty to two counts of aiding and assisting in the preparation and filing of false income tax returns, according to the U.S. attorney for the Southern District of Georgia.
IRS August 25, 2025
Taxpayer Input Sought on Free Tax Filing Options as IRS Direct File Faces Elimination
Taxpayers have through Sept. 5 to fill out a survey that will be presented to Congress, as the Biden-era program that allows taxpayers to file their taxes for free is at risk of being shut down.
Taxes August 25, 2025
Why a Cannabis Tax Cut Could Spell Trouble for Children in California
A fight over taxes consumers pay for cannabis products has prompted a standoff between unusual adversaries: child-care advocates and the legal weed industry.
Taxes August 25, 2025
OnlyFans Creator Made $5.4M But Didn’t Pay Her Taxes, Feds Say
Kylie Leia Perez, who lives in Tampa, FL, and uses the stage name “Natalie Monroe,” owes the IRS at least $1.6 million in back taxes, the U.S. Attorney's Office said on Aug. 14.
Taxes August 24, 2025
Congressmen Push for Tariffs to Help Home-State Companies
Retaliatory tariffs during Trump’s first term prompted domestic turmoil for some key industries in Republican-lean states, including Kentucky bourbon and Wisconsin-based Harley-Davidson motorcycles.
Taxes August 22, 2025
$850 Million Alabama Online Sales Tax Battle
Alabama’s county commissions issued a call to action at their summer conference in Orange Beach: protect the state’s internet sales tax system.
Taxes August 22, 2025
Georgia Senate Looks at Eliminating State Income Tax
Georgia legislators have been reducing the individual and corporate income tax rate for years — it will fall to 5.19% this year under a law signed by Gov. Brian Kemp in April.
State and Local Taxes August 22, 2025
Avalara Unveils AI-Infused Property Tax Managed Services to Streamline Enterprise Compliance
Avalara’s AI-infused solution generates actionable insights and creates data-driven compliance plans that identify potential overpayments, penalties, and other risks.