Taxes August 4, 2026
Tax Court Ruling: When You Can’t Take the IRS at Its Word
The court ruled that the taxpayers failed to prove an IRS error or delay and that verbal advice from an IRS representative is not legally binding.
Taxes August 3, 2026
Trump Appeals Ruling Against His IRS Audit Immunity Deal
President Donald Trump is appealing a court order barring him from attempting to use a sweeping audit-immunity settlement that resolved his $10 billion lawsuit against the Internal Revenue Service.
Taxes August 3, 2026
Billionaire Tax is Endorsed by California Democrats
The controversial billionaire tax won the backing of the California Democratic Party on Sunday, the latest twist in the drama surrounding a measure that has roiled the left and its allies.
Taxes July 31, 2026
Comedian Carlos Mencia Lists Encino Home for $6.8M Amid Tax-Evasion Allegations
Mencia faces 12 felony state tax evasion charges brought by the Los Angeles County District Attorney Nathan J. Hochman’s newly established Business Tax Fraud Unit.
Taxes July 30, 2026
AICPA Supports Taxpayer Assistance Legislation
The TAS Act addresses several important tax provisions that the AICPA has long-advocated for.
Taxes July 30, 2026
California’s Proposed Billionaire Tax Exposes Rifts Among Labor Unions
SEIU California, which is taking a neutral stance on the tax, is a parent organization of SEIU-United Healthcare Workers West, the union that crafted the measure and moved to put it on the November ballot.
Taxes July 30, 2026
Silicon Valley Donors Poured $194M Into California Politics. Now Comes the Billionaire Tax Fight
Their candidates produced mixed results in June, but November’s billionaire tax fight could reveal how much influence their money can buy.
Taxes July 29, 2026
Washington ‘Millionaires Tax’ Repeal Faces Legal Fight Over 21 Words
The stakes over those 21 words are high for the November vote on Initiative 645, which would repeal the recently enacted 9.9% tax on households earning more than $1 million a year.
CAS July 29, 2026
Non-Deductible IRAs: A Sound Way to Save Even More for Retirement
You may want to rely on a nondeductible IRA to supplement contributions to an employer-provided plan.
Taxes July 27, 2026
New Washington ‘Millionaires Tax’ Lawsuit Challenges Ballot Language
A lawsuit challenges the constitutionality of the public investment impact statement that will appear on the November ballot alongside an initiative to repeal the state’s “millionaires tax.”
Taxes July 24, 2026
Illinois’ Digital Asset Tax Creates a New Compliance Regime for 2027
While the 0.2% rate seems straightforward, most everything needed to administer the tax in practice is less certain.
Taxes July 23, 2026
Tennessee Farmer Tried to Return $20,000 to IRS. Years Later, He’s Still Fighting
Wilson Perry Kirby, 76, says a $20,000 refund the IRS sent by mistake has turned into a yearslong dispute.