Income Tax
Latest News
Taxbit Unveils New Global Tax Reporting Platform
April Launches New Tax Filing Solution to Tackle Complex Financial Situations
Sovos Introduces 1099 Professional For SMBs
Vero AI Launches Iris GRC
IRS Warns Car Dealers and Sellers About Phishing Scams
A recent ransomware attack that impacted car dealerships prompted the IRS to alert vehicle dealers and sellers about these schemes.
Why Small Businesses Need This 2017 Tax Cut to Continue
Small businesses are about to face a tax hike that will hurt workers and weaken communities if Congress does not take action.
IRS Has Raked In More Than $1 Billion in Back Taxes From the Rich
The agency has launched several initiatives targeting wealthy individuals and large companies in an effort to close the tax gap.
IRS Issues FAQs About Clean Fuel Production Credit Registration
These FAQs address which entities must apply for registration for the tax credit pursuant to Notice 2024-49, which the IRS issued in June.
IRS Issues FAQs About Tax Advice Scams on Social Media
Schemes have centered on the Fuel Tax Credit, Sick and Family Leave Credit, household employment taxes, and overstated withholding.
TCJA: Newer Crop of Tax Writers Prepares to Take on 2017 Tax Law
Lineup changes on the House Ways and Means and Senate Finance panels pose challenges and possibilities in extending tax cuts.
RNC Platform OK’d By Panel Highlights Tax Cuts, Border
Donald Trump has made renewing expiring tax cuts and cutting federal regulations a centerpiece of his latest presidential bid.
IRS: Kentucky Storm Victims Qualify For Tax Relief
Taxpayers in 11 counties now have until Nov. 1, 2024, to file various federal individual and business tax returns and make payments.