Taxes
Latest News
Understanding Employees’ Preferences: The Key to CPA Firms Attracting Top Talent in 2025
2025 Tax Refund Date Estimator – And Last Minute Tax Tips for 2024
IRS Will Phase in $600 1099-K Reporting Threshold in 2026
Review of HubSync – The Accounting Technology Lab Podcast – Nov. 2024
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.
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.
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.
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.
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.
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.
Average Tax Refund is Down 11% From Last Year, IRS Says
IRS statistics for the week ending Feb. 17 show the average refund is $3,140, down 11.2%, or $396, from last year.
AICPA News – March 2023
AICPA News is a roundup of recent announcements from the American Institute of CPAs.