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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?
Connecticut Accountant Gets Three Months in Prison for $1.3 Million Tax Evasion Scheme

Accounting April 16, 2026 

Connecticut Accountant Gets Three Months in Prison for $1.3 Million Tax Evasion Scheme

Edward Sodlosky, 72, was sentenced in federal court in New Haven to three months in prison and one year of supervised release for tax evasion. He was also ordered to pay a $50,000 fine.

Mamdani Lauds New York Gov. Hochul’s Pied-à-Terre Tax, Which Would Bring in $500 Million a Year to NYC

Taxes April 16, 2026 

Mamdani Lauds New York Gov. Hochul’s Pied-à-Terre Tax, Which Would Bring in $500 Million a Year to NYC

The tax on expensive secondary residences in New York City represents a safe middle ground between Zohran Mamdani’s tax-the-rich proposals and Kathy Hochul’s more moderate standpoint on taxes.

Vendors, Gig Workers, and Therapists Push Back on Philadelphia’s ‘Very Unfriendly’ Business Tax

Small Business April 16, 2026 

Vendors, Gig Workers, and Therapists Push Back on Philadelphia’s ‘Very Unfriendly’ Business Tax

One therapist's Business Income and Receipts Tax increased to more than $5,700 this year. "It exorbitantly affects my business," she said.

Several States Didn’t Report Losses From Data Center Tax Breaks, Study Says

Taxes April 15, 2026 

Several States Didn’t Report Losses From Data Center Tax Breaks, Study Says

The lack of disclosure comes as some states report losing more than $1 billion per year to data center incentives.

How the Biggest COVID Fraudster in the Country Swindled His Tax Clients, Too.

Taxes April 15, 2026 

How the Biggest COVID Fraudster in the Country Swindled His Tax Clients, Too.

New Jersey tax preparer Leon Haynes ran what prosecutors called the largest COVID-19 tax relief fraud case ever tried in the U.S.

Ex-Connecticut Tax Preparer Gets 18-Month Prison Sentence for Filing $1.06M in False Returns

Taxes April 15, 2026 

Ex-Connecticut Tax Preparer Gets 18-Month Prison Sentence for Filing $1.06M in False Returns

Diana Miller-Lloyd, 45, of Port Orange, FL, who was convicted of preparing false tax returns while running a Connecticut-based tax preparation business, was sentenced Tuesday to a year and six months in prison.

As Tax Day Nears, Average Refund Nowhere Close to Trump’s Projected $1,000 Increase

Taxes April 14, 2026 

As Tax Day Nears, Average Refund Nowhere Close to Trump’s Projected $1,000 Increase

The latest IRS data from the 2026 tax season, released last week, shows the average refund is up but is nowhere close to the numbers touted by the White House.

New Tax Rule Raises the Stakes for Gamblers, CPAs Say

Taxes April 14, 2026 

New Tax Rule Raises the Stakes for Gamblers, CPAs Say

A change in federal tax law taking effect this year could leave some gamblers owing taxes even when they lose money by limiting how much they can deduct in losses when they file their tax returns.

Number of Millionaire Taxpayers Jumped in New York in 2024

Taxes April 14, 2026 

Number of Millionaire Taxpayers Jumped in New York in 2024

Millionaires accounted for fewer than 1% of all taxpayers in New York in 2024, according to the state. But they paid more than 44% of all personal income taxes.

California Fire Survivors Call for Accounting Firm to Audit Edison’s Wildfire Prevention Spending

Auditing April 14, 2026 

California Fire Survivors Call for Accounting Firm to Audit Edison’s Wildfire Prevention Spending

Eaton fire survivors called on state lawmakers to pass a bill requiring audits of spending by Southern California Edison and the state's two other big for-profit electric companies on wildfire prevention.

Trump Has McDonald’s DoorDashed to Oval Office to Tout ‘No Tax on Tips’ Policy

Taxes April 13, 2026 

Trump Has McDonald’s DoorDashed to Oval Office to Tout ‘No Tax on Tips’ Policy

Sharon Simmons, a DoorDash employee from Arkansas, delivered a McDonald's lunch to President Donald Trump at the doors of the Oval Office Monday, claiming she's saved $11,000 from the president’s tax policy.

Should Seniors Expect a Social Security Increase Amid Soaring Gas Prices?

Benefits April 13, 2026 

Should Seniors Expect a Social Security Increase Amid Soaring Gas Prices?

The Social Security cost-of-living adjustment for 2027 is expected to be 2.8%, according to a new projection from The Senior Citizens League.

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