Income Tax
Latest News
IRS Updates Clean Vehicle Tax Credit FAQs
Wolters Kluwer Acquires European Tech Portfolio, Including CodaBox, ClearFacts, Clearnox, Zoomit, and Flowin
IRS Chief Receives NATP’s Inaugural Vanguard Award
Growth Seen in Pilot Program that Reduces Barriers to Finishing CPA Licensure Education Requirement
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Longtime Trump Org CFO Gets 5-Month Sentence for Tax Fraud
Allen Weisselberg, 75, admitted to receiving more than $1.7 million in off-the-books perks over 15 years.
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New GOP Congress Passes Bill Erasing $71 Billion of IRS Funding
Those who supported the original funding bill say the increase will help the agency increase collections on existing tax laws, and therefore increase revenue, by ...
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Two North Carolina Tax Preparers Sentenced to 5 Years in Prison
These returns included fictitious federal income tax withholding figures as well as other fraudulent items that generated fraudulent refunds for the clients.
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Congress Wants a Refund: Votes to Delete Most of $80 Billion Boost in IRS Funding
The bill had been a 2022 campaign priority for most GOP Congressional candidates, but to take effect, it would need to next pass in the ...
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2023 Tax Refund Dates – Find Out When You May Get Your IRS Tax Refund
The below chart shows an estimated timeline for when a taxpayer is likely to receive their refund, based on the information we have now, and using projections based on previous years.
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IRS Corrected 14 Million Tax Returns with Average Refund of $1,232
Many of the 12 million refunds come from a change in the way unemployment insurance was taxed.
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Thomson Reuters Completes Acquisition of SurePrep, LLC
SurePrep will become part of Tax and Accounting Professionals operations, with revenues in both Tax & Accounting Professionals and Corporates.
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Help Your Startup Clients Avoid These 7 Tax Mistakes
As trusted advisors, CPAs have the knowledge and expertise to provide our clients with accurate and timely advice on a wide range of tax and financial matters.