Income Tax
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INCPAS and NABA Launch Initiative to Strengthen Talent Pipeline in Indiana
Financial Cents Adds New Billing Feature For Accounting Firms
SEC Fines UPS $45 Million Over Improperly Valued Freight Business
New Jersey Society of CPAs Announces 10 Winners of its CPA Exam Fee Lottery
IRS Offers Tax Filing Extensions to Hawaii Wildfire Victims
This IRS relief is available to all residents and businesses in any area designated by the Federal Emergency Management Agency (FEMA).
Florida Woman Sentenced for Pandemic Loan Fraud, Leased a Bentley with Funds
She said during her sentencing hearing in Miami federal court that it seemed like “everybody was doing it” as the pandemic battered the nation’s economy.
Four Income Tax Breaks for New Parents
You just welcomed a new bundle of joy into the world. But once the euphoria has worn off, you’ll start to realize—if you haven’t already—that kids are expensive.
Trust In Irrevocable Life Insurance Trusts
Many limitations have been placed on traditional tax shelters over time, but the benefits of “irrevocable life insurance trusts” (ILITs) remain intact.
South Carolina Return Preparer Sentenced to Prison for Tax Fraud
In total, Gonzalez caused a tax loss to the IRS of more than $420,000.
AI Tax Tech That Sniffs Out Tax Evasion Gets $12.5M in Funding
The system is currently used by major tax agencies around the world, including the Internal Revenue Service's Criminal Investigation Division and multiple states' tax authorities in the U.S.
Tax Pointers on Mortgage Points
Points paid on a new mortgage are fully deductible if you meet certain tax law requirements. Notably, the acquisition debt must be secured by your principal residence and ...
Some Republicans Crack Open Door to Child Tax Credit Deal
At-risk freshmen and centrist groups in the GOP view the child credit as an important policy tool that has across-the-aisle support.