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Test your knowledge of the biggest accounting headlines of the week. No. 2 pencil not required!
April 26 -
Biden's pitch for a fair Tax Code and Werfel's quest for a digitally transformed IRS are among the key issues to pay attention to after the dust has settled on tax season.
April 18 -
The number of individual income tax returns received rose by more than 17.5% in just one week, as tax season entered its final stretch.
April 16 -
At 90,315,000, the number of individual returns received this tax season finally surpassed the same period last year, up 0.2% as of March 29, 2024.
April 9 -
The average direct deposit refund amount has remained steady at more than $3,000 for the past six weeks, after a slow start to the year.
April 2 -
From coast to coast, the cities and states where taxpayers procrastinate the most.
April 1 -
Taxpayers are accessing the IRS website much more this year than last to find the answers they need, with more than 410 million visits through March 15.
March 26 -
While tax season started seven days later this year, taxpayers are getting their returns into the IRS earlier, according to the latest statistics.
March 19 -
The fate of the Child Tax Credit is in the hands of the Senate, but the IRS is ready to implement changes rapidly if the bill is passed.
March 11 -
Four states have no state and local sales taxes, making them the most attractive places for consumers to go shopping.
March 7 -
The least attractive place to go shopping has a combined sales tax rate of 9.563%.
March 5 -
The lowest-ranked states have property and unemployment insurance taxes like every state, but significantly they also have complex, non-neutral taxes with comparatively high rates.
February 26 -
While property and unemployment insurance taxes are universal in every state, many of the best states for doing business do not have corporate, sales or individual income taxes.
February 21 -
New technology systems and the addition of cryptocurrency on tax forms are just some of the IRS developments to watch in 2024.
February 15 -
With almost 13% of full-time employees working remotely, and 28.2% in a hybrid arrangement, accounting firms are coming to see the importance of adapting to the new working environment.
February 14 -
Corporations will be the beneficiaries of a reduction in the top marginal rate in all six states.
February 12 -
Taxpayers will benefit from a reduced top marginal rate in 13 states, but in two states the rate has increased.
February 7 -
The local environment for debt and income, cost of living, housing, and taxes can make a big difference when it comes to putting away money.
February 6 -
The best state to be a saver scored 0 out of 100, where a lower score means it's easier to save.
January 29 -
The IRS reviews all income tax brackets annually, making adjustments as necessary to balance for inflation.
January 18


















