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
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6 Tips for Meeting New IRS Information Return Reporting Requirements
With new tax reporting requirements taking effect in 2023, it is imperative that SMB owners understand the tax implications of those recent workforce changes
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Some Tuition Costs Can Qualify for Medical Tax Deduction
If you have children in college, you may be able to claim one of two higher education credits for qualified expenses, although these tax benefits are phased out for upper-income taxpayers.
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House Panel Urges Supreme Court to Allow Access to Trump Tax Returns
Ways and Means Chair Richard Neal urged justices to reject Donald Trump’s request to pause lower court rulings.
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N. Carolina County Elects College Student as Tax Collector
Haywood County, N.C., Tax Collector-Elect Cothran is pursuing a double major in accounting and political science at UNC-Asheville. He will oversee a $40 million budget.
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Wolters Kluwer Introduces State Legislative Information to CCH Axcess iQ
Tax and accounting firm professionals who participated in the Wolters Kluwer annual industry trends survey indicated that responding to constantly evolving federal and...
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Home Health Costs Can Be Tax Deductible
If the aide performs other household chores like cooking and cleaning, you must apportion their wages. Only the part allocable to medical care is deductible as a medical expense.
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Tax Season Readiness Guide
A 2022 Tax Season Readiness Guide to help you stay informed, save time on planning, and align your team for efficiency.
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Feds: Bookkeeper Stole $2.2M Then Fled to Utah as an ‘Amish Widower’
Jody Russell Trapp, 58, was sentenced to 90 months in federal prison on Nov. 8.