Income Tax
Latest News
IRS Updates Clean Vehicle Tax Credit FAQs
Ex-EY Executive to Take Over as Global CEO for Law Firm Dentons
Wolters Kluwer Acquires European Tech Portfolio, Including CodaBox, ClearFacts, Clearnox, Zoomit, and Flowin
IRS Chief Receives NATP’s Inaugural Vanguard Award
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The Technology Lab Podcast – Review of Tax1099 – August 2022
Randy Johnston and Brian Tankersley, CPA.CITP, CGMA review Tax1099, powered by Zenwork Inc., an IRS authorized e-filing and compliance platform.
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Inflation Reduction Act Doubles the R&D Tax Credit for Startups
CPAs who service startups that conduct research should make sure that they are prepared to discuss this tax credit with their clients, as the legislation may double ...
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IRS Will Need to Revise Forms 941, 943, 944 and More Due to Inflation Reduction Act
The legislation allows an additional payroll research tax credit of up to $250,000 against the legislation allows an additional payroll research tax credit of up to $250,000 against Medicare Hospital Insurance tax ...
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NJEDA Opens New Jersey Corporate Tax Credit Auction to Fuel New Jersey Innovation Evergreen Fund
For the 2022 auction year, a pilot amount of $30 million of tax credits will be available for purchase through the New Jersey Corporate Tax Credit Auction.
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How to Build the Best Relationship with a Client
How can tax professionals build the same strong advisory relationship and take a more proactive approach to the services we offer?
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Inflation Reduction Act May Increase and Broaden Energy Tax Incentives
Under the expansion of the 179D deductions, your clients may also benefit from deductions if they’re REITs, trial properties, and non-profits.
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AICPA Addresses ‘Plummeting’ Level of Service with IRS Practitioner Priority Service Phone Line
Service levels for the practitioner priority service phone line have been in continuous decline for several years.
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AICPA Submits Recommendations on Green Book Trust & Estate Tax Provisions
The AICPA expressed several concerns with proposals that could be included in future tax legislation. Comments submitted address the following proposals: