Taxes December 19, 2025
2025-2026 Tax Season Guide to OBBBA Tax Law Changes – SPECIAL SERIES
This series of articles spotlights key tax issues and changes made to tax law in 2025 and the years to come as a result of the OBBBA.
Taxes August 15, 2024
IRS is Reopening Voluntary Disclosure Program for Improper ERC Claims
Businesses that apply for and are accepted into the program have to repay 85% of the credit back to the agency.
Taxes August 15, 2024
What’s Kamala Harris’ Tax Plan for Middle Income Workers?
Details on her tax positions will likely become a crucial campaign issue, as polls show economics is one of voters' top concerns.
Taxes August 14, 2024
Americans Claimed More Than $8 Billion in Clean Energy Credits Last Year, IRS Says
Over 3.4 million U.S. families claimed $8.4 billion in tax credits to lower the costs of their home energy upgrades, new data shows.
IRS August 14, 2024
IRS Updates WISP Guide for Tax Pros
The new Written Information Security Plan template was updated to help protect practitioners and their clients from identity thieves.
Taxes August 14, 2024
DraftKings Ditches Plan to Charge Extra Fees in High-Tax States
The sports-betting company said it would scrap its plan to add a "gaming tax surcharge" to winning bets in 2025.
Taxes August 14, 2024
Harris, Trump Duel for Voters With Budget-Busting Tax Proposals
The presidential candidates are trying to court voters in key battleground states ahead of a battle to rewrite the tax code.
Taxes August 13, 2024
Trump Pitches Repeal of Tax on Social Security Benefits
The cost of fully exempting Social Security benefits from taxes could top $1.6 trillion over a decade, according to the Tax Foundation.
Taxes August 13, 2024
Massachusetts Collects $2.2B From ‘Millionaires Tax’
The 4% surtax on incomes over $1 million, also known as the “Fair Share Amendment,” was approved by voters in 2022.
Taxes August 13, 2024
IRS Direct File Tool Now an Option for New Mexico Residents
New Mexico became the fourth new state that can use the IRS's new system for filing federal taxes during the 2025 tax season.
Taxes August 13, 2024
Pennsylvania to join IRS Direct File
Gov. Josh Shapiro and his staff worked with the Treasury Department to bring the program to the state for the 2025 tax season.
Taxes August 12, 2024
IRS Processing More Employee Retention Credit Claims—But With Added Scrutiny
The IRS is accelerating payments to businesses that had submitted legit claims for the ERC while continuing to weed out incorrect claims.
Taxes August 12, 2024
IRS Shares New Draft Version of Crypto Tax Form
The fresh draft version of Form 1099-DA comes on the heels of the final regulations on crypto broker requirements being issued in June.