Taxes
Latest News
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
New Jersey Joins IRS Direct File For 2025 Filing Season
California Lawmaker Heads GOP Push for a Larger Standard Deduction
Rep. Michelle Steel is leading Republicans on a new bill that would preserve a bigger standard deduction at tax time.
IRS Publishes Initial Guidance for Domestic Content Tax Credit
Domestic content is generally defined as steel, iron or manufactured products that are manufactured or produced in the United States.
Alabama Business Tax Licenses Must be Renewed Annually
Other states that require sales tax licenses to be renewed annually include Arizona, Arkansas, and Rhode Island.
IRS is Looking to Connect More Taxpayers with Appeals Services
The agency is seeking ideas on how to improve tax dispute conference options for taxpayers who don’t live close to an appeals office.
AICPA Supports Extending Tax Mailbox Rule to E-Filed Returns and Payments
This practice – known as the “mailbox rule” – already applies to payments and documents sent to the IRS through traditional mail.
Maryland Supreme Court Revives State’s Digital Ad Tax
State’s highest court reversed a ruling by a circuit court judge that struck down the first-in-the-nation tax on digital advertising.
How Homeowners Qualify For the New Energy Efficient Tax Credits
The Inflation Reduction Act includes credits for taxpayers who make qualifying energy improvements to their home.
Ex-IRS Agent, Five Others Charged in COVID Fraud Plot
The five men and one woman were charged on May 10 with conspiracy to commit bank fraud and face up to 30 years in prison.