State CPA Societies August 26, 2026
The association representing California's CPA profession said Tuesday that it opposes a November ballot measure that would impose a one-time tax on billionaires to help fund healthcare programs in the state.
Taxes August 24, 2026
Interest rates for tax underpayments and overpayments will stay the same for the fourth calendar quarter of 2026, which begins on Oct. 1, the IRS said on Friday.
Taxes August 24, 2026
There’s an ongoing legal debate taking place in the courts over the self-employment tax treatment of partnership income that is flying below the radar for many busy tax professionals.
Taxes August 21, 2026
The short story is that full amount of a personal legal settlement is generally taxable as ordinary income at rates currently topping out at 37%.
Taxes August 20, 2026
The IRS on Thursday unveiled a digitally authenticated Tax Compliance Report, found through IRS Individual Online Account, that shows whether a taxpayer filed tax returns and paid taxes on time.
Retirement August 20, 2026
Certain strategies intended to affect the 2026 tax year must be completed by December 31.
Taxes August 19, 2026
Proposed rules issued by the Treasury Department and the IRS on Wednesday would restrict undocumented immigrants' access to refundable tax credits, such as the Earned Income Tax Credit and the Child Tax Credit.
Taxes August 19, 2026
High cost, low benefit. That’s the projected impact from a proposed tax hike on carried interest, according to an analysis from the Tax Foundation.
Taxes August 17, 2026
Cuban lashed out at Silicon Valley Congressman Ro Khanna over the Democratic lawmaker’s proposal that the government should lend money to billionaires with large paper fortunes to help them pay wealth taxes.
Taxes August 14, 2026
California voters are sharply divided over a ballot measure to impose a one-time tax on billionaires to help fund healthcare programs, according to a poll released Friday.
Taxes August 14, 2026
Google co-founder Sergey Brin has poured $102 million this year into Building a Better California, a group that's funding two ballot measures that could block a billionaire tax.
Taxes August 14, 2026
The judge said it is constitutional for Washington ballots to include information about how a repeal of the high-income earners' tax would impact the state budget.