Taxes May 28, 2026
Governor Promises to ‘Veto Any Attempt’ to Drop Threshold on Washington Millionaires Tax
Gov. Bob Ferguson on Wednesday vowed to never lower the $1 million threshold on Washington’s controversial new income tax on high earners.
Taxes May 28, 2026
Tax Cap Would Force North Carolina to Hike Other Taxes, Governor Says
Gov. Josh Stein is calling a constitutional amendment capping North Carolina’s income tax rate a “con” and a “cynical shell game” that would put the burden for raising revenue on “regular” North Carolinians.
Taxes May 27, 2026
Fallout From Fatal Wreck Looms Over Tax Evasion Sentencing of Former Pro Wrestler
Federal records show how a crash that killed three Macomb, MI, teens echoed inside a courtroom more than a decade later in retired wrestler's tax case.
Taxes May 27, 2026
Massachusetts Reels in $3.1 Billion From Millionaires’ Tax
Beacon Hill budget writers say revenue from the millionaires’ tax continues to surpass projections, which proponents claim is another sign wealthy households aren’t fleeing for other states to avoid the levy.
Taxes May 26, 2026
78% of Tax Pros Say Tax Season Negatively Impacts Personal and Professional Life
Most finished busy season with real, measurable damage to sleep, health, relationships, and decision quality.
Taxes May 26, 2026
Missourians Will Vote on Plan to Phase Out State Income Tax in August
Gov. Mike Kehoe announced Friday that the measure would appear on the statewide ballot in the Aug. 4 election after promoting the proposal since January.
Taxes May 22, 2026
Taxes and Marriage: Innocent Spouse Relief Isn’t Guaranteed Forever
Although an “innocent spouse” may be absolved of their tax responsibilities, a Tax Court case shows that this special tax protection may be forfeited if the spouse later becomes aware of improprieties.
Taxes May 22, 2026
How Much of ‘Survivor 50′ Champion’s Winnings—the Biggest Prize in Show History—Will Go to Taxes?
The money is certainly life-changing, but the winner will have to fork over a significant portion of the $2 million to the government.
Taxes May 21, 2026
5 Tax Planning Moves to Make Due to the One Big Beautiful Bill Act
A higher SALT cap, no tax on tips and overtime, and a new $6,000 senior deduction reshape 2026 planning.
Taxes May 21, 2026
Show Your Client’s Support for Education by Encouraging Them to Donate Excess Inventory
Product philanthropy is a form of in-kind giving that benefits communities as well as businesses.
Technology May 21, 2026
Nominations Open for 2026 Tax & Accounting Innovation Awards
The awards honor new technologies that help accounting firms and their small business clients operate more efficiently and profitably through improved workflow, increased accessibility, or enhanced collaboration.
Taxes May 21, 2026
Bottom Half of Earners Should Pay Zero in Income Taxes, Bezos Says
Speaking with CNBC’s Andrew Ross Sorkin on “Squawk Box,” Jeff Bezos said the top 1% of taxpayers pay about 40% of all tax revenue while the bottom half pay 3%.