Taxes April 20, 2026
IRS Updates FAQs on Sec. 127 Education Programs
These frequently asked questions contain revised information about educational assistance programs generally, including how the rules apply to certain qualified education loans.
Taxes April 20, 2026
Business Group Urges Court to Reject Massachusetts Income Tax Cut Challenge
A national business group is calling on the state’s highest court to reject a lawsuit challenging a proposed cut to the state’s income tax rate.
Taxes April 17, 2026
IRS Launches Online Tool to Help Taxpayers Settle Their Tax Debt
On the day following the April 15 federal tax deadline, the IRS promoted a new online tool to help taxpayers understand and resolve tax debt.
Taxes April 17, 2026
Dallas-Area Mother and Son Tax Preparers Charged with Filing ‘Entirely Fabricated’ Returns
Jessie Badillo and Manuel Badillo Jr. repeatedly doctored tax filings to gin up returns, prosecutors argue.
Taxes April 17, 2026
No Tax on Tips Meets Inflation Concerns in Trump’s Las Vegas Stop
President Donald Trump boasted Thursday that Nevada waiters, casino dealers, bartenders and other tipped workers had received "the biggest tax refunds of their entire lives," claiming average returns topped $4,000.
Taxes April 17, 2026
Mamdani Made More Than $1,600 in Rapping Royalties Last Year, Tax Return Shows
New York City Mayor Zohran Mamdani made $1,643 in royalties from his now-defunct rap career last year, a copy of his tax return shows.
Taxes April 17, 2026
Income Tax Elimination Plan Moves Closer to Ballot in Missouri
Gov. Mike Kehoe’s plan to ask Missouri voters to replace the state’s income tax with sales and use taxes advanced out of the Senate early Thursday, putting his top-tier issue one step closer to being on the November ballot.
Taxes April 17, 2026
Hawaii Income Tax Cuts Hang in Balance as Legislative Session Nears End
Hawaii Gov. Josh Green wants annual tax cuts slated for 2027 through 2031 repealed for all taxpayers in order to preserve revenue he said is needed to offset federal cutbacks over several years.
Technology April 16, 2026
K1x Secures Outside Investment From Sumeru Equity, Edison Partners
K1x, an AI-native private markets tax data platform, announced Thursday the closing of a $175 million growth investment led by technology-focused private equity firm Sumeru Equity Partners, with additional investment from Edison Partners.
Accounting April 16, 2026
Connecticut Accountant Gets Three Months in Prison for $1.3 Million Tax Evasion Scheme
Edward Sodlosky, 72, was sentenced in federal court in New Haven to three months in prison and one year of supervised release for tax evasion. He was also ordered to pay a $50,000 fine.
Taxes April 16, 2026
Mamdani Lauds New York Gov. Hochul’s Pied-à-Terre Tax, Which Would Bring in $500 Million a Year to NYC
The tax on expensive secondary residences in New York City represents a safe middle ground between Zohran Mamdani’s tax-the-rich proposals and Kathy Hochul’s more moderate standpoint on taxes.
Small Business April 16, 2026
Vendors, Gig Workers, and Therapists Push Back on Philadelphia’s ‘Very Unfriendly’ Business Tax
One therapist's Business Income and Receipts Tax increased to more than $5,700 this year. "It exorbitantly affects my business," she said.