Taxes December 9, 2025
Chicago Mayor Tweaks Head Tax Plan to Target Bigger Companies
Mayor Brandon Johnson proposed a new version of his head tax Tuesday, now pushing a $33-per-employee monthly tax on companies with over 500 Chicago employees.
Taxes January 24, 2024
IRS: Connecticut Residents Affected by Recent Flooding to Get Tax Relief
The IRS has extended its April 15 filing deadline for impacted taxpayers until June 17 to submit returns and make tax payments.
Payroll January 23, 2024
Union Membership Drops Despite Some Big Wins
The numbers highlight a disconnect between historically strong public support for unions and their ability to attract new members.
Accounting January 22, 2024
ADM Stock Plunges After Placing CFO on Leave During Accounting Probe
Vikram Luthar, who had been its CFO since 2022, was put on administrative leave and Ismael Roig will step in on an interim basis.
Taxes January 19, 2024
$78 Billion Tax Deal Gets More Bipartisan Support in Congress
Ways and Means voted to approve a tax package that would revive a trio of business tax incentives and expand the child tax credit.
Taxes January 19, 2024
Trump Tax Leaker Acted Out of ‘Deep, Moral Belief,’ Judge Told
Charles Littlejohn, 38, pleaded guilty Oct. 12 to stealing Donald Trump’s tax data from the IRS and leaking it to The New York Times.
Technology January 18, 2024
Quantum Computing Could Spark Cybersecurity Armageddon, Says IBM
Governments and businesses are not prepared for the havoc quantum computers will sow in cybersecurity by the end of the decade, according to an International Business Machines Corp. executive.
Taxes January 18, 2024
Why Expanding the Child Tax Credit Makes Economic Sense
The two halves of this deal provide the biggest bang for the buck—in terms of reducing poverty and growing the U.S. economy.
Payroll January 18, 2024
Lawsuits Over Workplace Prayer Breaks and Religious PTO Issues May Increase
Under Groff v. DeJoy, employers now must allow a worker’s religious accommodation unless it would result “in substantial increased costs” for the business, SCOTUS ruled.
Payroll January 17, 2024
Year-End Bonuses Shrunk 21% in 2023
Annual payouts declined in every industry, even those hard up for talent, according to small business payroll provider Gusto.
Taxes January 16, 2024
Bipartisan Tax Deal Would Expand Credits for Businesses, Children, and Low-Income Housing
Other changes to the credit would include making more of the credit available as a refund and indexing the total credit to inflation starting in 2024.
Taxes January 16, 2024
Hyundai Offers $7,500 Cash Bonus for EVs to Match U.S. Tax Credits
The discounts apply to the Ioniq 5, Ioniq 6, and Kona Electric, and the month-long incentive will last through Jan. 31.
Taxes January 16, 2024
Supreme Court Won’t Take Up Washington Capital Gains Tax Challenge
Opponents had argued it was a tax on income, and thus barred by Washington's state constitution.