Taxes September 15, 2026
$10 Million Fight Brewing Over Proposal to Stop Income Tax on Washington Millionaires
Washington state’s refusal to levy personal income has made its tax code an outlier for more than 90 years.
IRS September 14, 2026
Why IRS Service Problems Hit Some Taxpayers Much Harder in 2026
The IRS processed nearly 99% of individual returns in 2026, but taxpayers with suspended returns, paper filings or problems requiring employee help faced longer waits.
Taxes September 14, 2026
Alabama Tax Preparer Sentenced to 57 Months for Filing False Tax Returns
Carlotta Elaine Lampley, 41, who opened a tax preparation service in Dothan, AL, in 2015, will have three years of supervised release following her 57-month prison sentence.
Taxes September 11, 2026
Projected 2027 Income Tax Rates
The annual Projected U.S. Tax Rates Report from Bloomberg Tax & Accounting enables tax professionals and taxpayers to begin planning for the upcoming year ahead of the official IRS announcement this fall.
Taxes September 11, 2026
The OBBBA is Reshaping How Mid-Market Businesses Invest, Grow And Create Value
51% of executives familiar with the law expect it to have a positive impact on future growth, while 53% anticipate a positive effect on after-tax cash flow.
Taxes September 10, 2026
IRS Tax Revenue Surged to Record High in FY 2025 While Audit Revenue Dipped 35%
Coming off a historic FY 2024 in which an all-time high $98.7 billion in enforcement revenue was collected, the IRS brought in $93.8 billion attributed to enforcement in FY 2025, a nearly 5% drop.
Taxes September 9, 2026
For Millionaires in Illinois’ Most Populous County, Voter Tax Question Could Cost You
Come November, Cook County voters will take the first step in deciding whether a 3% tax should get tacked on to million-dollar incomes, but the question should particularly resonate in some North Shore towns due to their wealth.
Legislation September 7, 2026
Alabama Lawmaker Wants to Shield College Athletes From Surprise NIL Tax Bills
With so many college athletes now becoming wealthy in the NIL era, Alabama U.S. congresswoman Terri Sewell says she wants to help them avoid being caught off guard when tax season arrives.
Taxes September 4, 2026
IRS Processing of Paper Returns Took Twice as Long This Past Filing Season
Individual paper returns took an average of about 30 calendar days to process during the 2026 filing season, compared with 16 in 2025, according to the Government Accountability Office.
Taxes September 2, 2026
Tax Court Penalizes ‘Pretty Sophisticated’ Taxpayer
Depending on the situation, the IRS may have discretion to hand out some of these penalties or to cut unknowing taxpayers some slack.
Taxes September 2, 2026
Big Change for Colorado Income Tax Makes Ballot
Initiative 195 would create a graduated income tax for the state under which higher earners pay a greater percentage of their income than lower earners, generating significantly more tax revenue.
Accounting September 2, 2026
Former Bookkeeper at Hartford Law Firm Pleads Guilty in $750,000 Embezzlement Scheme
Heather Murdock used the firm's bookkeeping software to generate hundreds of fake checks that were made payable to herself between approximately 2010 and 2022.