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 June 21, 2024
Senate Finance Dems Look to Raise Revenue for 2025 Tax Cliff
Top party lawmakers are making it clear that taxes need to rise on wealthy individuals and multinational corporations.
IRS June 20, 2024
IRS Sees Red Flags for ‘Vast Majority’ of ERC Claims
At least 70% of ERC claims currently awaiting processing have red flags about their accuracy, IRS Commissioner Danny Werfel said.
Taxes June 18, 2024
Treasury Finalizes Rules on Clean Energy Prevailing Wage, Apprenticeships
Clean energy project managers must meet the prevailing wage and apprenticeship requirements to receive increased tax credits.
IRS June 18, 2024
IRS Releases FAQs on Sec. 127 Educational Assistance Programs
If provided under an educational assistance program, certain educational assistance benefits can be excluded from gross income.
Taxes June 17, 2024
IRS Plans to Stop Basis Shifting Transactions
Cracking down on this tax loophole used by the wealthy could raise more than $50 billion in revenue over 10 years, Treasury said June 17.
IRS June 17, 2024
IRS Updates Careers Site to Attract Job Seekers
The website now provides a comprehensive landing spot for candidates to find everything they need to pursue a career at the IRS.
Small Business June 17, 2024
Didn’t Get Your Employee Retention Credit? You Can Sue the IRS
The tax agency is plagued with backlogs in processing employee retention tax credits, and the lawsuits are springing forth.
Taxes June 14, 2024
IRS Warns About Scams Targeting Seniors
By posing as representatives from agencies such as the IRS, or other government agencies, these fraudsters use fear and deceit to exploit their victims.
Taxes June 14, 2024
Trump Plan to End Taxes on Tips Garners Capitol Hill Interest
Many Republicans said the idea had merit and should be discussed, and Democrats were reluctant to dismiss the idea outright.
Taxes June 14, 2024
Trump Tells CEOs He Would Cut Corporate Tax Rate to 20%
Trump pitched his support for cutting the business tax rate during a private meeting in Washington Thursday with roughly 100 CEOs.
Taxes June 13, 2024
A Crucial Window for Estate Planning: Preparing for 2026 Changes
Contrary to common belief, the benefits of estate planning aren’t exclusive to the ultra-wealthy. The mid-affluent—individuals and married couples poised for significant asset growth—should also consider their future tax exposure.
Taxes June 12, 2024
BDO Survey: Election Year Fosters Concerns for Tax Leaders
Changes to certain Inflation Reduction Act renewable credits, as well as to federal corporate tax rates, are among their concerns.