Taxes March 26, 2026
Will California’s Billionaire Tax Pay Off? New Studies Sharply Disagree
Two new studies come to vastly different conclusions on the proposed 5% one-time tax on California's billionaires.
Taxes March 26, 2026
Ex-Mayor of Indiana City Appeals Probation Sentence for Obstructing the IRS
U.S. District Court District of Indiana Chief Judge Holly Brady sentenced James Snyder, the former mayor of Portage, Indiana, to three years probation and repayment to the IRS on March 10.
Taxes March 25, 2026
IRS Inflated Direct File Costs by $45 Million in 2025
Costs to operate the now-defunct Direct File free tax preparation program last year were significantly less than the IRS estimated, according to a new report from the Treasury Inspector General for Tax Administration.
Taxes March 25, 2026
Feds File New Fraud Charges Against Illinois Tax Preparer
Dormeshia A. Haire, 38, of St. Charles, MO, who worked in St. Clair County in Illinois as a tax preparer, is accused of making false statements on tax return forms to defraud the federal government.
Taxes March 25, 2026
Ohio State Rep Wants to Repeal Taxes on Residents’ Capital Gains
State Rep. Tom Young is pushing to exempt Ohioans' capital gains from the state income tax, with the hope of making Ohio a more attractive place to invest and do business.
Taxes March 24, 2026
More Individuals with Disabilities Now Eligible for ABLE Accounts in 2026
ABLE accounts can be created by eligible individuals to support themselves, by family members to support their dependents, or by guardians.
Taxes March 24, 2026
28% of Fortune 1000 Now Active in Clean Energy Tax Credit Market
Total tax credit monetization reached $63 billion in 2025, a 27% year-over-year increase.
Taxes March 23, 2026
12 Little-Known Tax Deductions Many Business Owners Miss
From start-up costs to even health insurance premiums, identifying overlooked expenses early can make a meaningful difference to a company’s tax returns.
Taxes March 23, 2026
New Bill Proposes to Exempt National Guard, Reserve Drill Pay From Federal Income Taxes
National Guard and Reserve members typically train one weekend a month with readiness activities throughout the year and receive pay for their service. A bill introduced in the House would exempt that money from federal income taxes.
Taxes March 23, 2026
IRS Owes 1.3 Million Americans About $686 Each: Deadline to Claim is Near
The IRS estimates it has about $1.2 billion in unclaimed refunds for taxpayers who did not file their Form 1040 federal income tax return for the 2022 tax year.
Taxes March 23, 2026
IRS Could Owe Many Americans COVID Tax Refunds: Here’s Why and How to Apply
A federal court ruling found that federal tax deadlines during the pandemic may have been automatically postponed by law, which could mean the IRS shouldn’t have charged certain interest and penalties during that time.
Taxes March 19, 2026
Mississippi Bill That Would Have Made NIL Tax-Exempt Dies in Committee, Report Says
The Name, Image and Likeness bill passed the Mississippi House, but was killed March 16 by a unanimous vote of the state's Senate finance committee.