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.
Taxes July 23, 2026
Do You Make the Grade as a Real Estate Pro?
This a high bar to clear for taxpayers with other full-time jobs. Keep detailed and accurate records to prove your status as a professional.
Taxes July 23, 2026
Microsoft Sued Over Xbox Tariff Costs, Refunds
A Microsoft customer is accusing the company of passing the costs of tariffs onto consumers while standing to gain from federal government refunds.
Taxes July 23, 2026
Digital Asset Industry Group Sues to Block Illinois’ First-in-the-Nation Crypto Tax
A first-in-the-nation tax on cryptocurrencies and other digital assets that Illinois Gov. JB Pritzker signed last month is facing a legal challenge from an industry association that argues the law is unconstitutional.
Taxes July 23, 2026
Local Governments Could Lose $12B Under Florida Property Tax Plan
As November nears, state economists are forecasting steep losses for local governments if voters approve Florida’s sweeping property tax amendment.
Income Tax July 22, 2026
Seven Form 990 Red Flags CPAs Should Not Ignore
A difference in wording is not necessarily a problem. Yet at the same time, a material change in purpose or activity may be.
Taxes July 22, 2026
Senator Tuberville’s Idea to End Alabama’s Income Tax Faces a $7.5 Billion Obstacle
Last year, Alabama got $7.5 billion in revenue from corporate and personal income taxes. That money makes up 70% of K-12 funding.
Taxes July 22, 2026
6 Things to Know About the Plan to Phase Out Missouri’s Income Tax
The heavily contested proposal, known as Amendment 5, is the top priority this year for Republican Gov. Mike Kehoe, who says states without income taxes are better positioned for economic growth.
Taxes July 22, 2026
Kansas City Tax Preparer Sentenced to Prison for Two Financial Fraud Schemes
A federal court sentenced Bianca Cobbins, 43, to nearly four years in federal prison following her involvement in two separate financial fraud schemes.
Accounting July 21, 2026
Registration Open for Ensuring Success 2026 – Free Online CPE and IRS CE Conference Dec. 9-10, 2026
This year’s online event will be held Dec. 9 and Dec. 10, 2026, with seven free, one-hour, educational sessions each day.
Taxes July 21, 2026
A Matter of Balance: IRS Appeals Processes, Staffing Create Growing Concerns for Practitioners, Taxpayers
When a dispute arises between a taxpayer and the Internal Revenue Service, the crossroads can wind up being the agency’s Independent Office of Appeals.
Taxes July 21, 2026
Americans Don’t Know Their Taxes: A Third Fear They’ve Missed Deductions or Credits
These issues may explain why one in four (25%) Americans say tax season negatively impacts their mental health.