Taxes
Latest News
IRS Shares Five New Warning Signs of Incorrect ERC Claims
‘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
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2023/03/W-2-forms-768x512.jpg)
IRS Warns of New W-2 Scams
The IRS is working with payroll companies and large employers to verify W-2 information in light of these scams.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2023/03/US-NEWS-BIDEN-TAXHIKE-MEDICARE-GET-768x512.jpg)
Biden Seeks Tax Hike on Income Over $400,000 to Fund Medicare
The president’s budget proposes raising Medicare taxes from 3.8% to 5% on annual income above $400,000.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2023/03/2023-AICPA-768x576.jpg)
AICPA Comments on Changes to Section 162(m) of American Rescue Plan Act of 202
Beginning in 2027, for calendar year taxpayers, a public company’s covered employees will include Current Law Covered Employees as well as the next five highest paid employees.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2023/03/international-tax-768x512.jpg)
What Business Owners Need to Know About Tax Repatriation
Here are some strategies you can use to avoid an oversized tax bill when bringing foreign earnings back stateside.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/11/Daniel-Werfel-headshot-768x768.jpg)
Senate Committee Approves Werfel Nomination to Head IRS
His nomination was approved by the committee on a 17-9 bipartisan vote. The full senate will now vote on his confirmation.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2023/03/roses-tombstone-768x512.jpg)
How to File a Deceased Person’s Final Income Tax Return
Benjamin Franklin said, “Nothing is certain but death and taxes.” But what about when death and taxes coincide?
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/08/cryptocurrency-Pixabay-User-WorldSpectrum-3409725_1280-768x506.jpg)
Another FTX Executive Pleads Guilty in Billion-Dollar Fraud Case
Nishad Singh, the former head of engineering at FTX, pleaded guilty to wire fraud and several other charges.
![tax-scam](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/34524/tax_scam.5d43106e177a0.png)
IRS Criminal Investigation is Asking Taxpayers to Slam the Next Scam
During National Consumer Protection Week, March 5-11, IRS-CI will share information on its social media about tax scams.