The Age 26 ACA Trap: When Exactly Does Dependent Coverage End for ALEs?
When a dependent turns 26, terminating their health coverage too early can trigger massive IRS penalties for Applicable Large Employers. Learn the 'End-of-the-Month' rule.
Latest in IRS Updates
IRS Cracks Down on Charitable Remainder Annuity Trust (CRAT) Schemes
The IRS has finalized regulations designating certain Charitable Remainder Annuity Trust (CRAT) transactions as abusive 'listed transactions.' Learn who is affected.
IRS Notice CP14: What It Means and What to Do If You Receive It
Received an IRS Notice CP14? Learn what this balance due notice means, why you might have received it, and the exact steps you need to take to resolve it.
IRS Seeks Examples of Incorrect CP53E Notices
Did you receive a CP53E notice in error? The IRS is investigating reports of notices sent to taxpayers who didn't expect a refund, and the AICPA is collecting examples.
Stacking Charitable Contributions Up to the 60% Limit: A Tax Strategy Guide
Learn how to effectively stack your charitable contributions to maximize your tax deductions up to the 60% AGI limit for the 2026 tax year.
IRS Outlines AI Risks and Circular 230 Duties for Tax Practitioners
The IRS has issued new guidance on how Circular 230 duties apply to tax practitioners using Artificial Intelligence, emphasizing human oversight and data privacy.
Most Area Counties Opt Out of Local Property Tax Relief Option
Discover why the majority of local counties are choosing to opt out of the new property tax relief programs and what it means for homeowners.
Treasury and IRS Provide Safe Harbor for Certain Contributions to Trump Accounts
The Treasury and IRS have announced a new safe harbor for certain contributions to Trump Accounts under the Working Families Tax Cuts legislation. Learn the new guidelines.
U.S. Job Growth Misses Expectations in June as Unemployment Rate Falls to 4.2%
The June 2026 jobs report shows weaker-than-expected job creation, yet the unemployment rate unexpectedly ticked down to 4.2%. Read our economic analysis.
One Big Beautiful Bill Explained: 10 Tax Changes Every Taxpayer Should Understand in 2026
The One Big Beautiful Bill Act (OBBBA) is one of the most significant U.S. tax laws enacted since the 2017 Tax Cuts and Jobs Act (TCJA). Here is what you need to know.