Taxes May 11, 2026
IRS Plans Settlement Offers in Conservation Easement Disputes
The IRS said last week that it will soon release the terms of a limited-time settlement opportunity for eligible taxpayers involved in conservation easement disputes.
Taxes May 11, 2026
‘Survivor’ Winner Reveals How Much of $1M Prize She Actually Kept After Taxes
Savannah Louie, who won season 49 of the CBS competition series, shared the details during an appearance on the “Financial Tea with Mrs. Dow Jones” podcast, where she described the tax bill as a shock.
Taxes May 11, 2026
New Court Case Paves Way for Additional Disaster Refund Claims
The main issue contested in the new case was whether section 7508A relief should be applied broadly to taxpayer responsibilities or be limited by IRS pronouncements.
IRS May 11, 2026
IRS Seeks IRSAC Members for 2027
Interested in serving on the Internal Revenue Service Advisory Council next year? If so, you have until June 5 to submit your IRSAC application to the IRS.
Taxes May 11, 2026
IRS: Applications for TCE and VITA Program Grants Now Accepted
The IRS is accepting applications for Tax Counseling for the Elderly and Volunteer Income Tax Assistance grants through the end of the month.
Taxes May 11, 2026
IRS Issues Guidance on Dyed Fuel Refund Claims
The Treasury Department and the IRS released temporary regulations and a notice of proposed rulemaking on April 30 highlighting new requirements for recovering federal excise tax paid on dyed fuel under the One Big Beautiful Bill Act.
Taxes May 11, 2026
IRS Issues Proposed Regs on New 1% Excise Tax on Remittance Transfers
There's one month left to provide comments to the Treasury Department and the IRS on proposed regulations recently issued for the new 1% excise tax imposed on certain remittance transfers under the One Big Beautiful Bill Act.
Technology May 11, 2026
2026 Readers’ Choice Awards Spotlight the Best Accounting, Tax & Small Business Tech
The Readers' Choice Awards give readers the chance to spotlight the technologies they most respect and trust to provide client services, manage their firms, and help their clients run their businesses.
Taxes May 8, 2026
You Might Be Owed a COVID Refund From the IRS, But the Clock is Ticking Fast
Millions of Americans may be eligible for a COVID-19 refund from the IRS, but you have to act fast, said the National Taxpayer Advocate.
Taxes May 8, 2026
Florida Tax Preparer Pleads Guilty in $4 Million PPP Fraud Scheme
Roody Metelus, 47, of Broward County, FL, has pleaded guilty to his involvement in a scheme where he submitted hundreds of fraudulent COVID-19 loan applications during the pandemic, amounting to more than $4 million.
Taxes May 8, 2026
Will the ‘Millionaires Tax’ Hurt Seattle Sports? It’s Complicated
A higher state income tax could add a layer of uncertainty and complexity to how Seattle sports teams handle free agency.
Small Business May 8, 2026
Trump’s Latest 10% Tariffs Declared Unlawful by U.S. Trade Court
A divided three-judge panel at the U.S. Court of International Trade granted a request by a group of small businesses and two dozen mostly Democrat-led states to invalidate the tariffs.