Apr 9, 2026 | Chicago CPA
The United States is sending four astronauts around the moon for the first time in more than 50 years. Artemis II left NASA’s Kennedy Space Center in Florida on April 1st, kicking off a 10 day trip before returning to Earth. If all goes well, the crew will travel more...
Apr 7, 2026 | Chicago CPA
The IRS on Friday released new data on state income migration that’s a reality check on state lawmakers ambitions to consistently raise taxes. Even after the pandemic, high-tax states continue to lose tens of billions of dollars in taxable income to low-tax...
Apr 7, 2026 | Chicago CPA
Americans are increasingly turning to Artificial Intelligence (AI) tools like ChatGPT and Claude to help prepare their tax returns. But experts warn that the technology can deliver outdated or inaccurate guidance, raising the risk of costly penalties, audits, and even...
Apr 7, 2026 | Chicago CPA
Illinois consumers who purchased health insurance on the state’s Affordable Care Act exchange are paying 26% more for coverage, on average, than they did last year. And the number of people who enrolled in the plans dropped nearly 4%, according to the state. The 26%...
Mar 29, 2026 | Chicago CPA
On February 20th, the U.S. Supreme Court decided in Learning Resources Inc. v. Trump and V.O.S. Selections v. United States that the President’s International Emergency Economic Powers Act (IEEPA) tariffs were unlawful and exceeded his authority. However, the...
Mar 25, 2026 | Chicago CPA
We began our discussion of the topic last Friday when I wrote about how business returns are chosen. I followed that up on Monday with a column about how individual returns end up in examination. Today we’ll talk about how the IRS monitors practitioners. You may...
