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Tags: Income Taxes, Software, Taxes
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Tags: Income Taxes, Software, Taxes
Taxes February 13, 2026
The Tax Court immediately nixed the deduction because of the inadequate substantiation and the lack of any appraisal for high-income items.
Taxes February 13, 2026
The One Big Beautiful Bill Act introduced comprehensive foreign entity of concern rules forbidding prohibited foreign entities from claiming clean energy tax credits.
Taxes February 12, 2026
The Senate passed a joint resolution on Thursday blocking changes to the District of Columbia’s tax code, which will now head to President Donald Trump’s desk.
Small Business February 12, 2026
Based on a survey of U.S. small business owners, Xero's "Emotional Tax Return 2026 Report" confirms that financial stress isn't just confined to tax season but instead has become a year-round emotional burden.
Steven M. Phelan, CPA.CITP manages an accounting practice based in Oklahoma City, Oklahoma. Areas of practice include taxation, general accounting and technology consulting. He is active within the CPA profession and is a frequent speaker at seminars and conferences throughout Oklahoma. Steven was recently added as a discussion leader for K2 Enterprises where he speaks to CPAs throughout the nation covering a variety of technology topics. Steven is currently a contributing author to the CPA Practice Advisor, where he reviews tax and accounting software solutions. Most recently, Steven was selected as a 2012 Oklahoma Society of CPAs Trailblazer recipient, which recognizes service to the CPA profession and to the community.