Taxes February 6, 2026
IRS Issues Proposed Rules on Clean Fuel Tax Credit
The Treasury Department and the IRS released proposed regulations Feb. 3 on the clean fuel production credit under the One Big Beautiful Bill Act.
Taxes February 6, 2026
IRS Says Tax Relief Available for Those Affected by Severe Storms in Montana
The IRS this week announced tax relief for individuals and businesses in Montana affected by severe wind storms and flooding that occurred the second and third weeks of December 2025.
Taxes February 6, 2026
Idaho Supreme Court Rejects Challenge to Education Tax Credit Law
The Idaho Supreme Court rejected a challenge to Idaho’s $50 million tax credit program that directs public money toward private schools and homeschooling expenses.
Taxes February 5, 2026
Bessent Says Taxpayers Will Foot the Bill if Trump Wins $10 Billion IRS Lawsuit
The revelation came Thursday during a Senate Banking Committee hearing where Treasury Secretary and Acting Commissioner of the Internal Revenue Service Scott Bessent testified.
Mergers and Acquisitions February 5, 2026
Ryan Buys Meritax Advisors in Texas
The Dallas-based tax services and software firm said Thursday it has acquired Meritax Advisors, a commercial property tax consulting firm with offices in Frisco and Austin, TX.
Sales Tax February 5, 2026
Ohio Gov. DeWine Warns Sales Tax Could Hit 20% if Property Taxes Abolished
If a proposed constitutional amendment abolishing property taxes were to pass, Ohioans may see sales taxes skyrocket into the double digits, Gov. Mike DeWine said Thursday morning.
Taxes February 5, 2026
Trump Says He Will Donate Any Proceeds From $10B IRS Lawsuit
“What I would do? Tell them to pay me, but I’ll give 100% of the money to charity,” President Donald Trump said in an interview with NBC News, floating the American Cancer Society as a potential beneficiary.
Taxes February 5, 2026
House Advances Measure to Block D.C. Tax Code Decoupling
Congress took steps on Wednesday toward blocking changes to D.C.’s local tax code, even as District officials warned it could wreak havoc on tax season and smash a hole in the city’s budget.
Technology February 5, 2026
LexisNexis Unveils Tolley+ with Protégé in the U.S.
Tolley+ with Protégé enhances precision, streamlines complex tax workflows, and empowers tax professionals to deliver faster, more accurate results, LexisNexis says.
Technology February 4, 2026
RSM US Expands Direct Licensing of Firm’s PartnerSight Platform
RSM US said it has expanded direct licensing of its PartnerSight platform, giving financial institutions, private equity, and family offices access to the top five firm's cloud-native tax allocation platform.
Taxes February 4, 2026
Union Leaders, Activists Sue to Block Vote on Massachusetts Income Tax Cut
The lawsuit claims the wording of signature petitions to qualify for the ballot were "misleading and deceptive" because it didn't mention the cuts would cover all three categories of income taxes, including capital gains taxes paid by businesses.
Technology February 4, 2026
OnePay Unveils Free In-App Tax Filing for Cash Customers
Through a partnership with tax technology platform april, OnePay Cash customers can now file federal and state taxes with confidence at no cost, OnePay says.