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.
Taxes April 28, 2026
Massachusetts Tax Preparers Charged in Connection with Using Fraudulent Returns to Buy House
Five Massachusetts residents have been indicted on money laundering and fraud charges in connection with a tax scheme based in Chelsea.
Small Business April 28, 2026
Property Tax Compliance Tops Six Figures Annually for Most Large Enterprises, Avalara Research Finds
Six in 10 organizations spend between 81 and 160 hours per month on property tax compliance, or the equivalent of two to four full-time workweeks.
Taxes April 28, 2026
Form 990 Revisions Aimed at Cracking Down on Fraud by Tax-Exempt Groups, Treasury and IRS Say
The Treasury Department said on April 23 that the IRS is planning revisions to Form 990 intended to discover misconduct at tax-exempt organizations and hold fraudsters accountable.
Taxes April 27, 2026
IRS Introduces Process for Taxpayers to Request More Time Following a Rejected ERC Claim
The IRS has announced a new process to help taxpayers who are disputing their disallowed Employee Retention Credit claims to request more time before their rights to a refund or to seek judicial review are gone.
Taxes April 27, 2026
Right Goals, Wrong Argument? The Real Stakes in the Fight Over a 1% Income Tax Cut in Massachusetts
A Massachusetts ballot question, if approved, would cut the current 5% personal income tax by 1%. Progressive groups argue the tax cut will not solve sky-high rents, unaffordable child care and unequal schools that are driving people to flee the state.
Taxes April 27, 2026
Trump’s $10 Billion IRS Suit Hits Snag with Skeptical Judge
A judge questioned whether President Donald Trump’s $10 billion lawsuit against the Internal Revenue Service and the U.S. Treasury can proceed with Trump effectively in control of both sides of the litigation.
Taxes April 27, 2026
California Billionaire Tax Backers Say They Have Enough Signatures—Times Two—to Qualify for Ballot
Supporters of a billionaire tax said April 26 that they had gathered nearly twice as many signatures as necessary to qualify the controversial proposal for the November ballot.