Taxes August 10, 2026
Hochul Defends New York City Pied-à-Terre Tax
New York Gov. Kathy Hochul pushed back on suggestions that state-approval of the pied-à-terre tax represents a concession to progressive Democrats in New York City.
Taxes August 10, 2026
Heinrich Proposes Bill That Would End Tax Breaks for Oil and Gas Drilling Abroad
The American Energy Independence and Tax Fairness Act would “ensure the tax code no longer rewards companies for investing abroad instead of here at home,” Sen. Martin Heinrich (D-NM) said.
CAS August 10, 2026
Spotting R&D Tax Credit Opportunities in Clients’ Custom AI Projects
Most AI adoption will never qualify for the research credit. The exceptions are turning up in ordinary business clients, and the evidence is hardest to assemble once the year has closed.
Taxes August 7, 2026
NYC Sued Over Mamdani Administration’s Controversial Pied-à-Terre Tax Rollout
The lawsuit, filed Friday, argues the city “has arbitrarily and capriciously foisted” on city dwellers the responsibility of proving they’re full-time residents who shouldn’t be hit with the surcharge.
Taxes August 7, 2026
Grammy Winner Toni Braxton Pays Off $600K in Federal Back Taxes
A rep for the “Braxton Family Values” star, 59, told TMZ that Braxton has settled the $598,624 debt she owed to the IRS.
Taxes August 7, 2026
IRS Updates FAQs on OBBBA Overtime Tax Deduction
The IRS updated frequently asked questions about the new deduction for qualified overtime compensation, one of the many One Big Beautiful Bill Act tax provisions touted by the Trump administration.
Taxes August 7, 2026
Minnesota State University’s Director of African American Affairs Out After Tax Fraud Conviction
Cortez Hollis also owned and operated Hollis Tax Time, a Minnesota tax preparation business prosecutors said was used to prepare false tax returns for clients.
IRS August 6, 2026
Higher Ed Prepares for New IRS E-Filing System
Colleges and universities will soon have to replace the decades-old IRS filing system they use to submit information returns.
Taxes August 6, 2026
IRS Adds New Features to Business Tax Accounts
The new and expanded features provide businesses and organizations more ways to view digital notices, make payments, and access and manage federal tax account information online, the agency said on Aug. 6.
Taxes August 6, 2026
Missouri Voters Rejected the Governor’s Income Tax Plan. Could He Have Saved It?
Skeptical Missouri voters said an emphatic "no" to Gov. Mike Kehoe’s bid to phase out the state income tax.
Taxes August 6, 2026
Trump Touts Tax Policies in Las Vegas While Local Democrats Criticize Him Over Rising Costs
President Donald Trump has repeatedly framed Las Vegas as central to his tax agenda, calling the city the "birthplace" of the no-tax-on-tips-policy.
Taxes August 6, 2026
Former Mayor of Indiana City Seeks Dismissal of Near Decade-Long Tax Case
James Snyder, the former mayor of Portage, IN, wants a federal appeals court to dismiss his case stemming from his November 2016 indictment, which included a charge of obstructing the IRS.