Income Tax
Latest News
Carr, Riggs & Ingram Adds ProSport CPA
Review of SuiteFiles – The Accounting Technology Lab Podcast – August 2024
Avalara Adds Generative Chat to Bolster Support and Product Experiences for Customers and Partners
What Can be Done About the Accounting Talent Shortage?
![pay federal income tax 1 5676d6bf2bf89](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/20738/pay_federal_income_tax_1_.5676d6bf2bf89-768x492.png)
2015 IRS Income Tax Tables and Deductions
For tax year 2015 - which Americans must file by April 18, 2016 - the has announced annual inflation adjustments for more than 40 tax provisions, including the tax rate schedules, and other tax changes. The tax items for tax year 2015 ...
Bill in Congress To Make Many Tax Extenders Permanent
The new “tax extenders” legislation just unveiled by Congress does more than merely extend dozens of expires tax breaks. It also makes several important provisions permanent, with certain modifications, while delaying onerous rules under the Affordable...
Explaining Year-End Tax Forms and Reporting Requirements
Now is the time to start thinking about recent tax changes and how they affect your business. Even for the most organized among us, keeping the mountains of tax details straight is a tough and trying task, taking the focus off of the daily ...
![us-income-tax-forms1_10849617](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/32695/us-income-tax-forms1_10849617-768x488.png)
Bloomberg BNA 2016 Tax Guide Now Available
The Federal Tax Guide offers coverage of a wide range of timely topics most important to tax practitioners as they prepare 2015 returns and plan for the year ahead with new content on health care reform, including individual and employer mandates ...
![tax deductions 1 561174d240184](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/19979/tax_deductions_1_.561174d240184.png)
IRS Tries To Require SSNs for Charitable Donations, Congress Acts
New proposed regulations that would permit nonprofit organizations to request Social Security numbers for donations of $250 or more could be stopped dead in their tracks. A new bill introduced in Congress by Senator Pat Roberts (Rep.-KA) would stop ...
![Tax Penalty 1 566aff909c331](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/20672/Tax_Penalty_1_.566aff909c331.png)
The Worst Tax Penalties and How to Help Your Clients Avoid Them
There is one tax saving approach we can always assist our clients with, and that is educating them about tax penalties. What follows is a list of the most punitive tax penalties along with simple tips on making sure your clients are never ...
IRS Criminal Investigations Report Shows Focus of Agency’s Law Enforcement Side
CI investigates potential criminal violations of the Internal Revenue Code and related financial crimes in a manner to foster confidence in the tax system and compliance with the law. The 50-page report summarizes a wide variety of IRS CI activity ...
New Privacy Concerns with ACA Reporting for Businesses with 50+ Employees
Starting this filing season, reporting is mandatory for any company with at least 50 full-time equivalent (FTE) employees.