Taxes February 6, 2026
IRS Issues Proposed Rules on Clean Fuel Tax Credit
The Treasury Department and the IRS released proposed regulations Feb. 3 on the clean fuel production credit under the One Big Beautiful Bill Act.
Taxes March 18, 2025
Illinois Doctor Pleads Guilty to Evading Approximately $1.6M in Taxes
An Illinois doctor has pleaded guilty to tax evasion for hiding assets and lying to the IRS about his ability to pay approximately $1.6 million in taxes, penalties, and interest.
Taxes March 18, 2025
AICPA Tells Senate Its 2025 Tax Priorities
The tax priorities letter focuses on a select number of provisions that the AICPA is immediately focused on due to their possible consideration as part of the upcoming 2025 tax legislative process.
Taxes March 17, 2025
Confusion and Stress Drive Americans’ Desire for Tax Reform, Survey Finds
A new poll from marketing research firm Savanta reveals that a strong majority of Americans want tax reform, with 70% saying they prefer a simpler tax code instead of the current overcomplicated and stressful U.S. tax system.
Taxes March 17, 2025
IRS Has Issued $145 Billion in Refunds Thus Far This Tax Season
In total, the agency has sent out more than 43.6 million refunds to taxpayers, up 1.5% compared to March 8, 2024. The average refund amount sits at $3,324—5.7% higher than last year.
Taxes March 17, 2025
IRS Provides Tax Filing Extensions to West Virginians Impacted by Severe Storms
The IRS has extended the filing deadline to Nov. 3, 2025, for individuals and businesses in six West Virginia counties that were affected by severe storms, flooding, landslides, and mudslides that began on Feb. 15.
IRS March 13, 2025
Tax Refund Schedule 2025 – With One Month Left, When Will Refunds Come?
This article includes a handy reference chart to estimate when you may receive your 2025 income tax refund. The author received his in under 10 days.
Income Tax March 13, 2025
Online Tax Advice Can Lead to IRS Trouble and Criminal Charges
The IRS has long warned taxpayers of scams targeting them and their personal and financial data, particularly around tax season.
Taxes March 13, 2025
Navigating Form 6765: What CPAs Must Know for R&D Tax Compliance
By staying ahead of the recent changes the IRS made to Form 6765, accountants and other tax professionals can help businesses maximize their R&D credits while minimizing the risk of IRS audits and compliance issues.
Taxes March 13, 2025
Tax-Related Scams Set to Increase as April 15 Filing Deadline Nears
If the last month before Tax Day this year is anything like the last few weeks of tax season 2024, expect a significant surge in tax-related scams as cybercriminals try to exploit unsuspecting taxpayers, warns security software company DNSFilter.
Taxes March 13, 2025
IRS Says Time is Running Out to Claim 2021 Tax Refunds
The IRS estimates that more than 1 million people across the country may have unclaimed tax refunds from tax year 2021, and they have until April 15 to submit their federal return.
Taxes March 11, 2025
IRS: Average Tax Refund Amount Up 6.3% From This Time Last Year
The average tax refund amount for tax returns filed through Feb. 28 was $3,382, about 6.3% higher than the average refund of $3,182 through Mar. 1, 2024, the IRS said last week.
IRS March 10, 2025
House Unveils Trump-Backed Bill to Avert Government Shutdown
The bill would claw back $20.2 billion in spending for the Internal Revenue Service passed as part of President Joe Biden’s signature green-energy Inflation Reduction Act.