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Federal Government Intervenes to Block Illinois’ Landmark Credit Card Swipe Fee Law

Small Business April 28, 2026 

Federal Government Intervenes to Block Illinois’ Landmark Credit Card Swipe Fee Law

The order is the latest development in a nearly two-year fight between banks and retailers over the Illinois law, a battle that has played out in courts, in Springfield, on television airwaves and now in Washington.

Featured Articles

April 28, 2026  

Massachusetts Tax Preparers Charged in Connection with Using Fraudulent Returns to Buy House

April 28, 2026  

Accountant, Data Analyst Accuse Exxon Mobil and Empire Petroleum of Defrauding Taxpayers in Orphan Well Scheme

April 27, 2026  

Right Goals, Wrong Argument? The Real Stakes in the Fight Over a 1% Income Tax Cut in Massachusetts

April 27, 2026  

Trump’s $10 Billion IRS Suit Hits Snag with Skeptical Judge

April 27, 2026  

What’s the Average Social Security Benefit at Every Age?
Business Group Urges Court to Reject Massachusetts Income Tax Cut Challenge

Taxes April 20, 2026 

Business Group Urges Court to Reject Massachusetts Income Tax Cut Challenge

A national business group is calling on the state’s highest court to reject a lawsuit challenging a proposed cut to the state’s income tax rate.

Is Social Security Running Out? Here’s What Federal Projections Actually Say

Benefits April 20, 2026 

Is Social Security Running Out? Here’s What Federal Projections Actually Say

Benefit reductions are a reality that could come to fruition in the early-to-mid-2030s if Congress does not act to address a projected long-term funding shortfall, federal estimates show.

Social Security Changed the Rules for Widows and Divorced Spouses, Which Could Earn Them Thousands

Benefits April 20, 2026 

Social Security Changed the Rules for Widows and Divorced Spouses, Which Could Earn Them Thousands

The rule change mainly applies to widows and divorced spouses whose spouses worked in the public sector and did not always pay Social Security taxes.

SEC’s Power to Recoup Illicit Profits Challenged at Supreme Court

SEC April 20, 2026 

SEC’s Power to Recoup Illicit Profits Challenged at Supreme Court

Justices are being asked to put new limits on “disgorgement,” one of the SEC’s most potent enforcement tools, designed to recoup illicit profits and return them to victims.

Dallas-Area Mother and Son Tax Preparers Charged with Filing ‘Entirely Fabricated’ Returns

Taxes April 17, 2026 

Dallas-Area Mother and Son Tax Preparers Charged with Filing ‘Entirely Fabricated’ Returns

Jessie Badillo and Manuel Badillo Jr. repeatedly doctored tax filings to gin up returns, prosecutors argue.

No Tax on Tips Meets Inflation Concerns in Trump’s Las Vegas Stop

Taxes April 17, 2026 

No Tax on Tips Meets Inflation Concerns in Trump’s Las Vegas Stop

President Donald Trump boasted Thursday that Nevada waiters, casino dealers, bartenders and other tipped workers had received "the biggest tax refunds of their entire lives," claiming average returns topped $4,000.

Mamdani Made More Than $1,600 in Rapping Royalties Last Year, Tax Return Shows

Taxes April 17, 2026 

Mamdani Made More Than $1,600 in Rapping Royalties Last Year, Tax Return Shows

New York City Mayor Zohran Mamdani made $1,643 in royalties from his now-defunct rap career last year, a copy of his tax return shows.

Income Tax Elimination Plan Moves Closer to Ballot in Missouri

Taxes April 17, 2026 

Income Tax Elimination Plan Moves Closer to Ballot in Missouri

Gov. Mike Kehoe’s plan to ask Missouri voters to replace the state’s income tax with sales and use taxes advanced out of the Senate early Thursday, putting his top-tier issue one step closer to being on the November ballot.

Hawaii Income Tax Cuts Hang in Balance as Legislative Session Nears End

Taxes April 17, 2026 

Hawaii Income Tax Cuts Hang in Balance as Legislative Session Nears End

Hawaii Gov. Josh Green wants annual tax cuts slated for 2027 through 2031 repealed for all taxpayers in order to preserve revenue he said is needed to offset federal cutbacks over several years.

U.S. Jobless Claims Fall to 207,000, Signaling Low Layoffs

Payroll April 16, 2026 

U.S. Jobless Claims Fall to 207,000, Signaling Low Layoffs

Initial claims decreased by 11,000 to 207,000 in the week ended April 11, marking the biggest one-week drop since February, according to Labor Department data released Thursday.

Feds Move to Block Controversial Illinois Credit Card Swipe Fee Ban

Small Business April 16, 2026 

Feds Move to Block Controversial Illinois Credit Card Swipe Fee Ban

Passed in 2024 and set to take effect this July, the state law bans certain so-called swipe fees, also known as interchange fees, on the tax and tip portions of customers’ bills.

Accountant Who Was the Final Defendant in California’s Biggest Ponzi Scheme Sentenced to Prison

Accounting April 16, 2026 

Accountant Who Was the Final Defendant in California’s Biggest Ponzi Scheme Sentenced to Prison

In all, eight people tied to DC Solar pleaded guilty in Benicia-based company's fraud.

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