Tax

Statehouse skirmishes: the Gold Card; how returns get prepared; and other highlights from our favorite tax bloggers.

Plus, Emburse announces Invoice Tax Validation; TaxStatus releases tax prep checklist, tax return history; and other accounting tech news and updates.

Rhode Island Governor Dan McKee proposed a higher tax on millionaires to help fill a hole in the state's budget.

Regulators officially approved 30 more funds last month, with more expected authorizations in 2026. Will financial advisors and their clients bite?

Notice 2026-11 from the IRS provides guidance on the permanent 100% additional first-year depreciation deduction provided by the One Big Beautiful Bill Act.

A proposed tax on billionaires in California has led to fear among investors and shows the difficulty of doing business in the state.

The House Ways and Means Committee voted unanimously to approve a bipartisan bill to accelerate processing of tax returns through use of scanning technology.

The Internal Revenue Service Advisory Council issued its annual report after a turbulent year at the agency, criticizing the repeated funding and staffing cuts.

As tax professionals, we need to figure out which version of reality is going to show up on tax season opening day.

The software will be used by both the firm's professionals and its clients to collaboratively manage corporate tax engagements in the same platform.