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 March 19, 2025
Child Tax Credits, a Longtime Liberal Priority, Find Favor in Republican States
If an Indiana or Ohio bill passes, it would mark the first time a GOP-led state implemented a refundable child tax credit.
Taxes March 18, 2025
Michigan House OKs Cut to State’s Personal Income Tax Rate
The Michigan House on Tuesday voted 65-43 to lower the state's income tax rate from 4.25% to 4.05%, with several Democratic lawmakers joining Republicans in support of the measure.
Taxes March 18, 2025
Gen Zers and Millennials Panic the Most About Taxes, Survey Finds
A new survey from CNET reveals that 44% of tax filers have anxieties and fears about filing their taxes, with Gen Z and millennials freaking out the most at 51% and 48%, respectively.
Taxes March 18, 2025
2025 Tax Changes Could Upend Clients’ Financial Goals, CFPs Warn
With key Tax Cuts and Jobs Act provisions set to expire at the end of this year, most Certified Financial Planner professionals say clients' retirement and financial plans could be at risk, according to new research by the CFP Board.
Tax Planning March 18, 2025
The Death of a CPA: What Happens to the Firm? Time to Make a Plan
You will die one day. What if it happens before you retire? CPAs should have a formal succession plan that addresses how the sale or termination of the practice (retirement, incapacity, or death) will be handled.
Taxes March 18, 2025
Illinois Doctor Pleads Guilty to Evading Approximately $1.6M in Taxes
An Illinois doctor has pleaded guilty to tax evasion for hiding assets and lying to the IRS about his ability to pay approximately $1.6 million in taxes, penalties, and interest.
Taxes March 18, 2025
AICPA Tells Senate Its 2025 Tax Priorities
The tax priorities letter focuses on a select number of provisions that the AICPA is immediately focused on due to their possible consideration as part of the upcoming 2025 tax legislative process.
Taxes March 17, 2025
Confusion and Stress Drive Americans’ Desire for Tax Reform, Survey Finds
A new poll from marketing research firm Savanta reveals that a strong majority of Americans want tax reform, with 70% saying they prefer a simpler tax code instead of the current overcomplicated and stressful U.S. tax system.
Taxes March 17, 2025
IRS Has Issued $145 Billion in Refunds Thus Far This Tax Season
In total, the agency has sent out more than 43.6 million refunds to taxpayers, up 1.5% compared to March 8, 2024. The average refund amount sits at $3,324—5.7% higher than last year.
Taxes March 17, 2025
Examining the Impacts of President Trump’s ‘Unleashing American Energy’ Executive Order on Clean Energy Tax Credits
Since the “Unleashing American Energy” and “Regulatory Freeze Pending Review" executive orders were issued, there has been much speculation on how they will impact green energy funding and incentives—especially via tax credits—in the Inflation Reduction Act.
Taxes March 17, 2025
IRS Provides Tax Filing Extensions to West Virginians Impacted by Severe Storms
The IRS has extended the filing deadline to Nov. 3, 2025, for individuals and businesses in six West Virginia counties that were affected by severe storms, flooding, landslides, and mudslides that began on Feb. 15.
Taxes March 15, 2025
Trump Signs Short Term Spending Bill to Avoid Government Shutdown
President Donald Trump signed a stopgap funding bill that will keep the government open for the remainder of the fiscal year, paving the way for Republican lawmakers to pivot to signature border and tax bills they seek to pass in the coming months.