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Amid Slew of Corporate Tax Ideas, Newsom Chose One Likely to Hit Californians’ Premiums

Taxes June 11, 2026 

Amid Slew of Corporate Tax Ideas, Newsom Chose One Likely to Hit Californians’ Premiums

The tax increase with the most momentum is one that is likely to fall largely on everyday Californians in the form of increased costs for private health insurance monthly premiums.

Featured Articles

June 11, 2026  

Idaho Bookkeeper Receives Jail Time for Embezzling From Lewiston’s Travelland RV

June 10, 2026  

U.S. Refunds $22 Billion in Tariffs, Canceling Out Customs Revenue

June 10, 2026  

Social Security COLA 2027: Latest Projection at 3.8%—But Still Trails Cost of Living

June 10, 2026  

Which States Have the Highest, Lowest Income Earners in 2026?

June 10, 2026  

Trustees: Social Security, Medicare Outlook Slightly Worse
IRS Warns of ‘Wildly Inaccurate Tax Advice’ on Social Media

Taxes April 9, 2024 

IRS Warns of ‘Wildly Inaccurate Tax Advice’ on Social Media

When it comes to taxes, misleading information on social media can lead to financial or even legal problems, the IRS said.

Accounting Firm For Trump Media Has Audit Deficiency History

Auditing April 8, 2024 

Accounting Firm For Trump Media Has Audit Deficiency History

PCAOB found multiple deficiencies in every audit it reviewed from audit firm BF Borders over the past two annual checks.

Bipartisan $78 Billion Tax Deal Hits GOP Roadblock in Senate

Taxes April 5, 2024 

Bipartisan $78 Billion Tax Deal Hits GOP Roadblock in Senate

Senate Republicans don’t want to hand President Biden an election-year victory on the legislation, which passed the House in January.

Ex-IRS Agent Accused of Filing Error-Filled Returns, Costing $42M in Lost Taxes

Taxes April 5, 2024 

Ex-IRS Agent Accused of Filing Error-Filled Returns, Costing $42M in Lost Taxes

The Justice Department is asking a judge in Washington state to ban Donald J. Taylor from preparing federal tax returns.

Accounting Professor Indicted on Fraud Charges Over Embezzlement Claims

Accounting April 4, 2024 

Accounting Professor Indicted on Fraud Charges Over Embezzlement Claims

James Kroger was charged with nine counts of wire fraud, three counts of money laundering, and one count of bankruptcy fraud.

Walgreens Hit With $2.7 Billion Tax Bill After IRS Audit

Taxes April 3, 2024 

Walgreens Hit With $2.7 Billion Tax Bill After IRS Audit

The IRS is seeking $2.7 billion from Walgreens Boots Alliance for unpaid taxes due to alleged issues over transfer pricing.

U.S. Companies Added 184,000 Jobs in March, ADP Says

Payroll April 3, 2024 

U.S. Companies Added 184,000 Jobs in March, ADP Says

Private-sector payrolls increased 184,000 in March after an upwardly revised 155,000 gain a month earlier, ADP reported.

 Federal Judge Rejects Hunter Biden’s Bid to Dismiss Tax Case in L.A.

Taxes April 2, 2024 

Federal Judge Rejects Hunter Biden’s Bid to Dismiss Tax Case in L.A.

April 1 ruling clears the way for the president's son to face court proceedings during the contentious 2024 election cycle.

Small Businesses Turn to Humans—Not AI—to Boost Productivity

Small Business April 2, 2024 

Small Businesses Turn to Humans—Not AI—to Boost Productivity

For all the talk of AI increasing productivity, small companies are instead turning to talent to do the work, a Deloitte survey found.

IRS Direct File Tool May Be Especially Helpful to Latino Americans

Taxes April 1, 2024 

IRS Direct File Tool May Be Especially Helpful to Latino Americans

Latinos—as well as individuals of any background— may fall victim to unqualified service providers who prey on their community.

 Judge Skeptical of Hunter Biden’s Effort to Dismiss Tax Case as Politically Charged

Taxes March 29, 2024 

Judge Skeptical of Hunter Biden’s Effort to Dismiss Tax Case as Politically Charged

Lawyers for President Biden's son asked a federal judge in Los Angeles on March 27 to throw out nine tax-related charges.

IRS Again Extends Income Tax Deadline For Hawaii Wildfire Victims

Taxes March 29, 2024 

IRS Again Extends Income Tax Deadline For Hawaii Wildfire Victims

The agency further postponed until Aug. 7 various filing and payment deadlines for those affected by the Aug. 8, 2023, wildfires.

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