Editorial Staff

Seattle has the most tax procrastinators in 2025, according to a recent study.

As the new year's tax season begins, a look back at lessons from the 2024 filing season.

The latest data on the most common e-filing rejections, how accounting firms are recruiting and retaining top talent, and other major metrics.

Nine states are cutting their individual income tax rates in 2025.

Americans are moving to states with lower taxes to save money.

The latest data on revenue growth for CAS practices, statistics from IRS Criminal Investigation for the full year of 2024, and other major metrics.

Every state levies unemployment insurance taxes, but rates vary depending upon such factors as the health of the state's UI trust fund.

Data from the Tax Foundation's 2025 State Tax Competitiveness Index ranked which states compete on sales and excise taxes, and which don't.

Every state levies property taxes, but some states have high or complex property tax structures, making them less competitive.

The Financial Accounting Standards Board has posted the 2025 GAAP Financial Reporting Taxonomy, SEC Reporting Taxonomy and GAAP Employee Benefit Plan Taxonomy.

The SECURE 2.0 Act contained changes to traditional and Roth individual retirement accounts and 401(k) plans that are being phased in over several years.

From those with no individual income tax at all, to those with complex tax structures — a guide to most and least competitive states when it comes to individual income taxes.

From those with no corporate tax at all, to those that tax everything they can — a guide to most and least competitive states when it comes to taxing businesses.

The latest data on the growth of the IRS's Direct File program, how many corporate tax pros believe generative AI is beneficial in accounting, and other key metrics.

States that do not assess the major taxes are more competitive than states with complex taxes with high rates.

The IRS introduced changes to certain contribution limits to 401(k) and retirement plans for 2025, while some limits will remain the same.

The highest marginal tax rate for 2025 is 37% and the lowest is 10%.

The number of taxpayers filing individual income tax returns is projected to increase by about 10,000,000 over the next eight years.

The number of taxpayers filing Forms 1040 and 1040-SR are projected to increase by about 10,000,000 over the next eight years.

The latest data on how accounting firms spend time serving CAS clients, current and projected standard deductions, and other key metrics.