Small Business July 24, 2026
Why Trump’s 50% Hockey Equipment Tariffs Are Unlikely to Hit U.S. Families
The Minnesota Trade Office believes most hockey sticks and equipment imported to the U.S. will be exempt from the 50% tariff.
Taxes July 24, 2026
Fuel Market Volatility and the Knowledge Gap: A Practical Playbook for Tax Teams
Tax leaders need standardized filing processes that can withstand market volatility while creating intentional systems to preserve institutional knowledge before experienced professionals retire.
Small Business July 24, 2026
Trump Rebuilds Tariffs with New Levies on 60 Economies
The new levies follow an investigation into the alleged failure of around 60 economies to prevent forced labor in their supply chains to the detriment of American workers.
Taxes July 24, 2026
Mamdani Starts Process for NYC Second-Home Tax on Non-Primary Residences
New York City has begun mailing notices to property owners who may be subject to a proposed tax on second homes, a measure aimed at generating revenue from residents who maintain city properties while mainly living elsewhere.
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 Annually 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.