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.
Benefits May 1, 2026
Taxes on Social Security Benefits Vary Depending on Many Factors
Tahlequah, OH-based CPA Anthony Hughes said many taxpayers do not understand how taxes and Social Security benefits work, and it keeps coming up when they file their returns.
Taxes April 30, 2026
Customers Are Taking Ikea to Federal Court to Demand Refunds for Tariff Price Hikes
Two customers filed a proposed class-action lawsuit in Philadelphia against Ikea, asking a judge to order the Swedish company to refund customers for price increases that were in response to tariffs.
Taxes April 30, 2026
NYC Comptroller: Pied-à-Terre Tax Could Fall Far Short of $500 Million Goal
Comptroller Mark Levine says the tax, which would place a surcharge on second homes valued at $5 million or more, could yield between $340 million and $380 million, much lower than the $500 million goal set by New York Gov. Kathy Hochul.
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
California Considers Tax on Retirement Accounts
The effort, though, may have an impact on a dueling campaign to tax California's billionaires to offset federal healthcare cuts.
Taxes April 29, 2026
House Passes Panetta’s Bipartisan ‘Supporting Early-Childhood Educators’ Deductions Act’
Introduced by Rep. Jimmy Panetta (D-CA), the SEED Act would allow early childhood educators to take a tax deduction for classroom supplies, educational materials and professional development opportunities.
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.
Taxes April 29, 2026
Black Ore Launches Tax Autopilot for Broad Availability
The platform shows its work, links each data point back to source documents, and flags items requiring attention. Firm professionals remain the final authority for sign-off.