The IRS has just launched a new feature that will make it easier for tax professionals to act on behalf of their clients (IR-2021-154, 7/19/21). Thanks to an enhancement to the “Online Account,” taxpayers may now digitally authorize a tax practitioner...
The webinar series is designed to benefit attorneys and accountants seeking to refresh their knowledge and learn more about the latest developments in legislation and regulations. The introductory webinars help attendees acquire critical new skills ...
Of all the arts, the film and TV industries are the most dependent on technology—so it should come as no surprise that they are the forms of creative endeavor that can most benefit from research and development (R&D) tax credits.
The tuition-and-fees deduction is no longer around—the Consolidated Appropriations Act (CAA) officially repealed it—but here are four other tax-savers available in 2021.
The Tax Blotter is a round-up of recent tax news.
The payments will continue each month. The IRS urged people who normally aren't required to file a tax return to explore the tools available on IRS.gov. These tools can help determine eligibility for the advance Child Tax Credit or help people file a ...
Alabama and New York state chapters tie for first place.
The Internal Revenue Service will issue another round of refunds this week to nearly 4 million taxpayers who overpaid their taxes on unemployment compensation received last year. The American Rescue Plan Act of 2021, which became law in March, excluded up to $10,200 in 2020 unemployment compensation from taxable income calculations. The exclusion applied to […]