Taxes
Latest News
Starting in 2025, the IRS Will Accept Duplicate Dependent Returns With an IP PIN
House Tax-Exempt Crackdown Bill Passes Despite Democrat Defections
Retailers Tell Senate Credit Card ‘Swipe’ Fees are ‘Adding Inflationary Pressure to the U.S. Economy’
The Top Toys and Gifts for the 2025 Christmas and Holiday Season
Wolters Kluwer Provides Insights Into 2024 Natural Disaster Tax Relief Options
Crucial tax relief opportunities may be available to those affected by recent natural disasters, such as Hurricane Helene.
IRS Proposes Regs to Exempt Tribal-Owned Companies From Income Tax
During discussions with Treasury, tribes had requested rules on the federal tax classification of entities owned by tribes.
An Opportunity to Get Opportunity Zones Right
Known to benefit real estate developers, here’s how to redeploy these tax incentives to grow new businesses and boost employment.
IRS Issues Final Regs Adding Some Conservation Easements to Abusive Transactions List
Syndicated conservation easements have been included in the IRS’s annual list of Dirty Dozen tax schemes for many years.
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.
How States Use Tax Credits to Fund Private School Choice
Tax-credit scholarships are the most common type of private school program. Here is an explainer about what they are.
IRS Expands Free File to 24 States
For the 2025 tax filing season, eligible taxpayers in 24 states will be able to use Direct File: 12 states that were part of the pilot last year, plus 12 new states where Direct File will be available in the upcoming filing season.
IT Best Practices Checklist to Follow IRS Guidelines When Offshoring Accounting Staff
Firms must consider tax compliance when offshoring accounting staff. The IRS has issued several guidelines and regulations that affect the tax implications of offshoring accounting activities.