Taxes January 6, 2026
New Postmark Change Impacts Tax Filings, Extensions, and More
A quietly released USPS postmark change update is changing how postmark dates are defined and applied, creating real problems for taxpayers.
Taxes January 6, 2026
AICPA Recommends Automating Extension Process for Taxpayers Affected by Federally Declared Disasters
The AICPA is requesting that the IRS leverage the use of its online taxpayer accounts to streamline the extension request submissions and notifications for section 1033 requests.
Taxes January 5, 2026
Billionaire Tax Proposal Sparks Soul-Searching for Californians
The controversial proposed ballot measure is already creating fractures among powerful Democrats who enjoy tremendous sway in California.
Taxes January 5, 2026
These States Cut Their Income Tax for 2026. Could Massachusetts Be Next?
The pro-business Massachusetts Opportunity Alliance is pushing for a pair of proposed ballot questions this year. One of them would lower the state’s income tax from 5% to 4%.
Taxes January 5, 2026
Bettors’ Phantom Winnings—in Nevada and Elsewhere—Now Face Real Tax Liability
Gamblers and casual bettors nationwide face a new tax reality: Starting in 2026, they can deduct just 90% of their losses against winnings, a drop from the prior full 100% allowance.
Taxes January 2, 2026
Vrbo Parent Company Sues Michigan Over $18.8 Million Tax Bill
The short-term vacation rental platform HomeAway has sued Michigan's Department of Treasury, disputing an $18.8 million use tax bill levied for the years 2020 through 2022.
Taxes December 31, 2025
IRS-CI Releases Its 2025 Highlight Reel
From tax evasion to cybercrime, IRS Criminal Investigation’s top 10 cases of 2025 resulted in multiyear prison sentences and multimillion-dollar financial settlements.
Taxes December 30, 2025
Will Billionaires Really Leave California? Why Wealth Tax Backers Aren’t Worried
If passed by California voters in November 2026, the measure would impose a one-time tax of 5% on individuals with assets worth $1 billion or more.
Taxes December 29, 2025
Tax Court Affirms Nature of Constructive Dividends
In a new case, Alioto, TC Memo 2025-125, 12/4/25, a C corporation paid the personal expenses of its main shareholder, with adverse tax consequences.
Income Tax December 28, 2025
2026 Income Tax Refund Dates and Calendar – When Will I Get My Tax Refund?
Easy way to estimate when you can get your income tax refund in 2026. No calculator and no need to enter personal information, just an easy chart.
Taxes December 26, 2025
New USPS Rule Could Affect Year-End Tax Deductions
As a result of the new stipulation, the date stamped on mailed items may be several days later than when the mail was actually deposited, raising concerns for taxpayers who rely on the postmark to document the timing of charitable gifts.
Taxes December 26, 2025
IRS Extends Tax Deadline to May 1 for Washington Storm Victims
The IRS announced tax relief for individuals and businesses in Washington state affected by severe storms, straight-line winds, flooding, landslides, and mudslides that began on Dec. 9.