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 August 1, 2024
SafeSend Unveils New AI-Powered Tools for Tax and Accounting Professionals
SafeSend's Next Gen Gather AI feature aims to create a new standard for the "Tax Ready" process by addressing these critical issues.
Technology August 1, 2024
TaxPlanIQ Users Have Achieved Over $1B in Tax Savings with Tax Planning Software
Each taxpayer saves an average of $41,700 through the firm’s use of TaxPlanIQ’s advanced tax planning software.
Taxes July 31, 2024
AICPA Endorses Provisions of Tax Administration Simplification Act
The AICPA expressed its endorsement of provisions of H.R. 8864, the Tax Administration Simplification Act, which would apply the mailbox rule to electronically submitted tax returns and payments.
Taxes July 31, 2024
AICPA Offers Comments to IRS on Domestic Content Bonus Credit Requirements
Per the interim guidance, to qualify for the DCBC, customers will need to know the exact amount of the manufactured product and components costs and which components are domestically produced.
Taxes July 30, 2024
More than 1,000 IRS Employees Were Delinquent or Noncompliant on Their 2023 Income Taxes
Between October 1, 2021, and April 1, 2023, the IRS closed 1,175 cases with disciplinary actions, for 1,068 current employees, with confirmed tax noncompliance issues.
Taxes July 30, 2024
IRS Updates Clean Vehicle Tax Credit FAQs
The updated FAQs, issued July 26, pertain to the New, Previously Owned, and Qualified Commercial Clean Vehicle Credits.
IRS July 29, 2024
IRS Chief Receives NATP’s Inaugural Vanguard Award
Danny Werfel received this first-ever award from the National Association of Tax Professionals during Taxposium 2024 in Orlando.
Taxes July 26, 2024
IRS Shares Five New Warning Signs of Incorrect ERC Claims
These red flags come from common issues that IRS compliance teams have seen while analyzing and processing ERC claims.
Taxes July 26, 2024
‘Unpredictable’ Election Clouds Tax and Economic Policy View
The immediate unknown is whether Vice President Kamala Harris would recalibrate Democrats' economic agenda.
Taxes July 26, 2024
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Sen. Bernie Sanders said he has "some interest" in the Finance panel opening, due to the resignation of Sen. Bob Menendez next month.
Taxes July 26, 2024
New Jersey Joins IRS Direct File For 2025 Filing Season
Direct File will now be a permanent option for taxpayers in states that choose to participate, and New Jersey said it's in.
Taxes July 25, 2024
IRS Boasts New and Improved Online Tools and Digital Services For Taxpayers
The agency provided an update July 25 on its Strategic Operating Plan, which sets out several priorities for the IRS to accomplish.