Taxes June 9, 2026
People Are Using AI to Do Their Taxes. Nobody Is Checking the Work
This is the part of the AI-in-tax conversation that the profession has largely missed.
Tax Planning May 12, 2026
TaxPlanIQ Presents Weekly Tax Strategy Hour for Tax Pros
The Strategy Hour, which will be held on Wednesdays beginning May 20, brings in a different specialist each week to walk through a single, high-impact tax planning strategy in depth.
Taxes May 12, 2026
Hochul Fends Off Critics Over Tax Credit Program That Helps Families Pay for Private School
New York Gov. Kathy Hochul, a Democrat, on Monday defended herself against criticism from labor allies and members of her own party over her intent to opt into the GOP’s federal tax-credit scholarship program.
Accounting May 12, 2026
Boomer Consulting Launches Two New Peer Communities
The Boomer Tax Leader and Audit Leader Circles connect forward-thinking professionals in dedicated, role-specific communities to collaborate on the accounting profession’s most pressing challenges.
Taxes May 12, 2026
Trump Open to Federal Gas Tax Suspension as Prices Stay High
President Donald Trump says he supports suspending the federal gas tax, but Congress must act as U.S. gas prices average $4.52 a gallon.
Taxes May 11, 2026
AICPA Pushes IRS for Code Section 4960 Excise Tax Transition Relief
The American Institute of CPAs requests transition relief and comprehensive guidance regarding Section 4960 of the tax code, amended last year by the One Big Beautiful Bill Act, that imposes an excise tax on applicable tax-exempt organizations.
Taxes May 11, 2026
New York Gov. Hochul Says Deal on State Budget Includes NYC Pied-à-Terre Tax
Gov. Kathy Hochul announced a handshake deal Thursday on a $268 billion state budget that includes a controversial pied-à-terre tax on second homes in New York City aimed at bringing more money to city coffers.
Taxes May 11, 2026
IRS Plans Settlement Offers in Conservation Easement Disputes
The IRS said last week that it will soon release the terms of a limited-time settlement opportunity for eligible taxpayers involved in conservation easement disputes.
Taxes May 11, 2026
‘Survivor’ Winner Reveals How Much of $1M Prize She Actually Kept After Taxes
Savannah Louie, who won season 49 of the CBS competition series, shared the details during an appearance on the “Financial Tea with Mrs. Dow Jones” podcast, where she described the tax bill as a shock.
Taxes May 11, 2026
New Court Case Paves Way for Additional Disaster Refund Claims
The main issue contested in the new case was whether section 7508A relief should be applied broadly to taxpayer responsibilities or be limited by IRS pronouncements.
IRS May 11, 2026
IRS Seeks IRSAC Members for 2027
Interested in serving on the Internal Revenue Service Advisory Council next year? If so, you have until June 5 to submit your IRSAC application to the IRS.
Taxes May 11, 2026
IRS: Applications for TCE and VITA Program Grants Now Accepted
The IRS is accepting applications for Tax Counseling for the Elderly and Volunteer Income Tax Assistance grants through the end of the month.
Taxes May 11, 2026
IRS Issues Guidance on Dyed Fuel Refund Claims
The Treasury Department and the IRS released temporary regulations and a notice of proposed rulemaking on April 30 highlighting new requirements for recovering federal excise tax paid on dyed fuel under the One Big Beautiful Bill Act.