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.
IRS May 4, 2026
Feds Say Ex-IRS Agent Embezzled Over $12 Million
Robert M. McCloughy, 43, of Carlstadt, NJ, was charged with wire fraud and two counts of engaging in monetary transactions involving criminally derived property, the U.S. Attorney's Office District of New Jersey announced on May 1.
Accounting April 30, 2026
Controller Pleads Guilty to Embezzling Over $26M From Nevada Employer
Cynthia Marie Marabella pleaded guilty April 24 to embezzling over $26 million from her employer in a case tied to the kidnapping of the company owner and threats of harm to his family.
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.
Small Business April 28, 2026
Property Tax Compliance Tops Six Figures Annually for Most Large Enterprises, Avalara Research Finds
Six in 10 organizations spend between 81 and 160 hours per month on property tax compliance, or the equivalent of two to four full-time workweeks.
Taxes April 28, 2026
Form 990 Revisions Aimed at Cracking Down on Fraud by Tax-Exempt Groups, Treasury and IRS Say
The Treasury Department said on April 23 that the IRS is planning revisions to Form 990 intended to discover misconduct at tax-exempt organizations and hold fraudsters accountable.
Taxes April 27, 2026
IRS Introduces Process for Taxpayers to Request More Time Following a Rejected ERC Claim
The IRS has announced a new process to help taxpayers who are disputing their disallowed Employee Retention Credit claims to request more time before their rights to a refund or to seek judicial review are gone.
Taxes April 27, 2026
Trump’s $10 Billion IRS Suit Hits Snag with Skeptical Judge
A judge questioned whether President Donald Trump’s $10 billion lawsuit against the Internal Revenue Service and the U.S. Treasury can proceed with Trump effectively in control of both sides of the litigation.
Taxes April 24, 2026
IRS Provides New Guidance on Educational Assistance Plans
Employers may be encouraged to add an EAP to their fringe benefit package as a way to attract and retain high-quality employees.
Taxes April 22, 2026
Whistleblowers Called On to Help IRS Uncover Federal Funds Misuse
The tax agency on April 17 issued a Whistleblower Alert, a new way for the IRS to spotlight high-risk areas and reach people who may have direct knowledge of noncompliance.