Under the Tax Cuts and Jobs Act (TCJA), the additional first year depreciation deduction applies to qualified property, including passenger automobiles, acquired and placed in service after September 27, 2017, and before January 1, 2027.
The largest section of the report, which identifies at least 20 of the most serious problems taxpayers face in their dealings with the IRS, is titled, “The Taxpayer’s Journey,” and is organized sequentially to track a taxpayer’s interactions with ...
Taxpayers may be liable for an underpayment penalty if they don’t pay enough “estimated tax” during the year. But a penalty may be avoided if you qualify under one of the tax law’s safe-harbor rules.
With a new tax law in effect and a surge of tax returns expected during the Presidents Day weekend, the Internal Revenue Service is offering taxpayers several tips and various time-saving resources to get them the help they need quickly and easily.
Early February is one of the busiest times for people doing their taxes. If you're one of the millions of Americans who can't wait to get your hands on your refund, we can tell you how soon you will probably get that refund. See the simple chart.
Whistleblowers were paid an average reward of 21.7%, resulting in over $300 million in awards to whistleblowers.
Avalara intends to use the Indix AI to maintain and expand its already massive tax content database, which includes international product codes and classifications, taxability rules, exemption conditions, tax holidays, jurisdictions, boundaries, tax ...
The beginning of the year is an ideal time for CPA advisors to evaluate the state of their practice and to make plans to build an even better business in 2019. You can reflect on how efficiently you were able to serve your clients over the past year ...