Tax

This bipartisan legislation will simplify the quarterly installments for estimated income tax payments by individuals, changing the due dates for the second and third quarter estimated federal income tax payments to have all quarterly payments ...

This year’s “Dirty Dozen” will be separated into four separate categories: pandemic-related scams like Economic Impact Payment theft; personal information cons including phishing, ransomware and phone ‘vishing’; ruses focusing on unsuspecting victims ...

The round includes new investor Ankona Capital as well as existing investors NewView Capital, Pelion Venture Partners and Tenaya Capital among others. This new capital will be used to continue to build the accounting industry’s first cloud-first ...

The Internal Revenue Service is hiring thousands of new auditors as it gears up for a potentially massive tax-enforcement push if Congress is able to pass an infrastructure plan that includes $40 billion to expand audits on the wealthy.

The Electronic Tax Administration Advisory Committee (ETAAC) has released its annual report to Congress, featuring 10 recommendations with a focus on the prevention of identity theft and refund fraud.

The Internal Revenue Service is partnering with non-profit organizations, churches, community groups and others in 12 cities to help eligible families, particularly those who normally do not file a federal tax return, file a 2020 income tax return or ...

As IRS enforcement takes the spotlight in political agendas, tax professionals need to be more informed and educated than ever before. One way for tax preparers to remain connected to the industry and receive the information necessary to complete ...

CPA tax advisors are in a unique position as financial physicians. Now is an ideal time to be proactive and contact clients who might be in need of a mid-year financial check-up. With potentially significant changes to the tax landscape looming, we ...