Taxes March 7, 2025
Michigan Businessman Found Guilty of Employment Tax Crimes
A federal jury convicted a Michigan businessman on March 5, 2025, for not paying employment taxes and not filing his own individual income tax returns.
Taxes March 7, 2025
Michigan Businessman Found Guilty of Employment Tax Crimes
A federal jury convicted a Michigan businessman on March 5, 2025, for not paying employment taxes and not filing his own individual income tax returns.
Taxes February 15, 2025
CPA Weekly Tax News Roundup – Feb. 16, 2025
The CPA Practice Advisor Weekly Tax News Roundup is a weekly recap of tax-related news from the past week. From IRS news and tax court cases, to state, SALT, legislation and other related areas, the roundup can help you catch-up on recent changes. === Let us know if you like this new feature using the...…
Payroll December 13, 2024
Schumer Says Senate Will Vote on Social Security Changes That Would Benefit Thousands of Retirees
The Senate will vote on legislation to repeal two provisions that lower or eliminate Social Security benefits for many former public employees who have paid into the system.
Payroll December 4, 2024
Options Dwindling for Passing Social Security Fairness Act
U.S. Sen. Bill Cassidy (R-LA) wants to circumvent normal rules by skipping a key committee and going directly to a full Senate vote.
Taxes November 4, 2024
Here’s Why Maryland Paid the IRS $5.4 Million in Taxes
Maryland has paid $5.4 million to the IRS after a rare audit of the state found it owed millions of dollars in taxes in 2020.
Taxes October 11, 2024
IRS Provides Tax Relief to All of Florida After Hurricane Milton
Because of hurricanes Debby, Helene, and Milton, affected taxpayers have until May 2025 to file returns and make tax payments.
Taxes October 7, 2024
IRS Announces Tax Relief For Wildfire Victims in Parts of Washington
Federal officials have announced tax relief for people and businesses in the Yakama Nation affected by wildfires that began June 22.
Taxes October 1, 2024
IRS Extends Tax Deadlines Until May For Helene Victims
The entire states of Alabama, Georgia, and the Carolinas, as well as parts of Florida, Tennessee, and Virginia, qualify for tax relief.
Taxes September 3, 2024
Both Trump and Harris Want to End the Taxing of Tips—But Is It a Good Idea?
While the political logic behind the candidates' plans is compelling, the plan to end taxes on tips is panned by tax experts.
Taxes July 24, 2024
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.
Taxes July 8, 2024
IRS: Kentucky Storm Victims Qualify For Tax Relief
Taxpayers in 11 counties now have until Nov. 1, 2024, to file various federal individual and business tax returns and make payments.
Taxes June 28, 2024
Biden and Trump Spar on Social Security and Taxes During First Debate
The debate featured a relentless barrage of false and misleading statements from both presidential candidates on a number of issues.