Taxes May 6, 2026
What is the Maximum Social Security Tax You Must Pay on Your Earnings in 2026?
Unlike other taxes you have to pay, there is a maximum Social Security tax threshold that once met, you do not have to pay into anymore.
Taxes May 5, 2026
Billionaires Pour Millions Into Ballot Fight Over California Wealth Tax
Fighting against the tax proposal is a who’s-who of billionaires, including Google co-founder Sergey Brin, who has given another $9 million to the group leading the battle, pushing his total spending to $66 million.
Taxes May 5, 2026
The R&D Tax Credit Window Is Closing: What CPAs Must Do Before July 6—and What Comes Next
Between now and July 6, firms have a narrow window to help eligible businesses revisit their R&D tax credit claims for prior years.
Taxes May 4, 2026
Is That IRS Tax Refund Notice Asking for Your Bank Account Real or Fake?
In his 22 years of doing taxes, Miami-area accountant Marcell Hetenyi said he never saw a letter like the one sent to some of his clients by snail mail.
Taxes May 4, 2026
Ohio Doctor Famous for Saying COVID-19 Vaccine Caused People to Become Magnetized Owes $698,000 in Back Taxes
Sherri Tenpenny must pay back taxes for 2001, 2012 and 2013, along with penalties and interest, U.S. District Judge J. Philip Calabrese ruled last month.
Taxes May 4, 2026
Senate Democrat Targets Tax-Dodging Trusts Worth Over $50 Million with New Bill
New legislation from Sen. Patty Murray (D-WA) targets a legal loophole that lets the wealthiest Americans avoid paying taxes on money they pass down to their heirs.
Taxes May 1, 2026
Millionaire Taxes Gain Steam as States Face Budget Crunches
Lawmakers in at least a dozen states have proposed hiking taxes on the wealthy.
Taxes April 30, 2026
Illinois Tax Preparer Pleads Guilty to Wire Fraud, Filing False Returns
Dormeshia A. Haire, 38, pleaded guilty to one count of making false statements on a tax return, one count of wire fraud and three counts of aiding and abetting the filing of false and fraudulent returns.
Taxes April 30, 2026
Federal Disaster Tax Relief Certainty Act Passes House
The bipartisan bill, introduced by U.S. Reps. Mike Thompson (D-CA) and Greg Steube (R-FL), would permit victims to claim disaster-related personal casualty losses without having to itemize deductions through Jan. 1.
Taxes April 30, 2026
Tax Relief Change Legislation Reaches Compromise in Hawaii
Several negotiators in the state House and Senate reached a tentative agreement Tuesday night on a compromise draft of legislation altering future Hawaii income tax cuts.
Taxes April 29, 2026
IRS Increases Foreign Earned Income Tax Breaks
In a new ruling, Notice 2026-25, 4/7/26, the IRS has bolstered a couple of tax breaks available to taxpayers working abroad.
Taxes April 29, 2026
House Approves Smucker Tax Legislation to Help Sexual Assault Survivors
Republican Pennsylvania congressman Lloyd Smucker's bill, the "Survivor Justice Tax Prevention Act," passed the U.S. House by voice vote on April 27.