Taxes October 23, 2026
Americans Once Distilled Liquor at Home. Could a Court Fight Bring the Tradition Back?
The legal question at the center of two court cases is how far Congress’ power to collect federal alcohol taxes extends.
Taxes December 3, 2025
IRS Urges Americans to Take These Steps Before Upcoming Tax Season Begins
The IRS says planning early is extra important this year because of major changes, such as the One Big Beautiful Bill Act, which can significantly affect federal taxes, credits and deductions.
Taxes December 3, 2025
Democratic Lawmakers and Veterans Groups Issue Warning Over Expiring ACA Tax Credits
Health insurance coverage for 267,000 veterans and their families will be at risk if tax credits that lower their premium costs under the Affordable Care Act are allowed to expire, Democratic lawmakers warned Tuesday.
Payroll December 3, 2025
IRS Gives Guidance on New Trump Accounts, IRA-Like Accounts for Children
The government will make a one-time $1,000 pilot contribution to the account of each child who is a U.S. citizen born on or after Jan. 1, 2025, through Dec. 31, 2028.
Accounting December 3, 2025
Former Accounting Exec Busted for Allegedly Cheating the IRS, Getting Paid Under the Table
Stephen Hochberg, 77, who was an accounting and real estate executive in Sudbury, MA, was recently charged by the feds and has agreed to plead guilty to perpetrating the multi-year scheme.
Payroll Taxes December 3, 2025
New Washington State Payroll Tax Plan Emerges Ahead of 2026 Legislative Session
Progressive lawmakers in Olympia rolled out a new revenue proposal Tuesday that targets Washington's largest employers with a 5% payroll excise tax on wages above $125,000.
Taxes December 2, 2025
What Would the U.S. Look Like Without Income Tax? Trump Says We’re About to Find Out
President Donald Trump made the bold claim about an income tax-free America during a Dec. 2 Cabinet meeting, after touting the impact of his trade policies and potential “dividend” stimulus checks.
Taxes December 2, 2025
Chicago Mayor Says Attacks Against His Proposed Head Tax ‘Would Make Donald Trump Blush’
Mayor Brandon Johnson on Tuesday signaled that he will continue digging his heels in on his controversial head tax proposal rather than seek to reconcile with a rebellious City Council.
Taxes December 2, 2025
Hopes Fade for ACA Tax Credit Deal as Trump Proposal Fizzles with Republicans
President Donald Trump has admitted he would prefer to allow the tax credits to expire rather than fund an extension that would further entrench the program colloquially known as Obamacare.
Taxes December 2, 2025
Costco Joins Companies Suing for Refunds if Trump’s Tariffs Fall
Costco is among dozens of companies to file lawsuits in a U.S. trade court since late October challenging President Donald Trump’s use of an economic emergency powers law to impose the levies.
Taxes December 1, 2025
Trump Renews Call to Eliminate U.S. Income Tax Completely Due to Tariff Revenue
Citing the "hundreds of billions of dollars" the U.S. is receiving in tariff revenue, President Donald Trump said his administration could completely eliminate the income tax in the U.S. over the next couple of years.
Taxes December 1, 2025
Coming in 2026: A Battle Over California Billionaire Tax Proposal
The measure, which was filed with the attorney general’s office in October and opposed by Gov. Gavin Newsom, would impose a one-time 5% tax on Californians with assets worth $1 billion or more.
Taxes December 1, 2025
Hunter Biden Could Be Disbarred in Connecticut Over Tax, Gun Convictions
The son of former President Joe Biden has been a member of the bar in Connecticut since 1997, a year after graduating from Yale Law School.