Income Tax
Latest News
Patriot Software Adds Free HR Center For Users
Applications Open for Qualifying Advanced Energy Project Tax Credit
Review of CCH AnswerConnect Tax Research- The Accounting Technology Lab Podcast – Sept 2024
Accountant Pleads Guilty to Filing False Tax Returns in Connecticut
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Texans Get Tax Relief From the IRS After Hurricane Beryl
Individual and business taxpayers in 67 counties now have until Feb. 3, 2025, to file their returns and make tax payments.
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Opinion: Some of Trump’s Tax Cuts Worked, But at What Cost?
Donald Trump’s 2017 Tax Cuts and Jobs Act was the biggest corporate tax cut in U.S. history. But how has it affected the economy?
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Supreme Court Rules Against Popular Tax Exempt Business Transfers
The decision in Connelly v. United States last month impacts certain types of smaller businesses, in particular closely held companies.
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Ex-Trump CFO Allen Weisselberg Released Early From Rikers
Weisselberg, who was sentenced to five months in jail earlier this year after pleading guilty to perjury, was freed for good behavior.
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IRS Adds Extra Security Measures to Access FATCA Site
As of July 14, taxpayers must sign in or register with either Login.gov or ID.me to access the FATCA registration system.
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IRS Warns on Social Media Tax Credit Scam
The agency has seen an influx of claims for the non-existent "self-employment tax credit," which is being promoted on social media.
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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.
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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.