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
IRS and Treasury Issue Guidance for Insurers on Corporate AMT
The CAMT imposes a 15% minimum tax on the adjusted financial statement income of large companies starting in 2023.
Congress Mandates that Marketplaces Monitor High-Volume Sellers
Marketplace facilitators are being required to monitor and vet high-volume marketplace sellers in a growing number of states, including Arkansas, California, and Oklahoma.
Tax Season Best Practices to Avoid Identity Fraud – 2023
To fight identity fraud and cybercrime, tax preparers and filers must collaborate and adopt effective methods to secure their data and financial resources.
AICPA Wants Congress to Extend Sec. 174 R&E Expensing, Other Expired Tax Provisions
The AICPA supports the deferral of IRC Section 174 amortization requirement of the research and experimental expenditures and requests that Congress retroactively extend the effective date to ...
VARC Solutions Helps Clients Outsource Sales Tax Compliance
Initially focusing on bookkeeping and payroll services, VARC Solutions has expanded to offer fully outsourced business management, payment processing, invoice management, consulting, implementation, and training.
IRS Makes Minor Changes to 2023 W-4 Form
If you know Form W-4 like the back of your hand, knowing these 2023 changes should be enough to close out this article and go about your day.
New Guidance for IRS Solar Tax Credit Program for Low Income Communities
This guidance applies to owners of certain solar and wind facilities placed in service in connection with low-income communities that are eligible for the section 48 energy investment credit.
Changes Coming to IRS Compliance Assurance Process Program
The CAP program began in 2005 as a way to resolve tax issues through open, cooperative and transparent interactions between the IRS and taxpayers before the filing of a return.