Taxes July 24, 2026
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
Wilson Perry Kirby, 76, says a $20,000 refund the IRS sent by mistake has turned into a yearslong dispute.
Taxes July 23, 2026
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
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
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
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
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
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
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
A federal court sentenced Bianca Cobbins, 43, to nearly four years in federal prison following her involvement in two separate financial fraud schemes.
Taxes July 21, 2026
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
These issues may explain why one in four (25%) Americans say tax season negatively impacts their mental health.