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
The Tax Blotter – Dec. 22, 2022
The 2023 tax filing season is about to kick off. Individual taxpayers should start assembling all the information needed for filing their 2022 returns.
California Minimum Wage to Rise to $15.50 Per Hour
That represents an increase of 50 cents-an-hour for businesses with 26 or more employees, and $1.50 an hour for those with 25 or fewer.
IRS Failed to Audit Trump During Presidency
Donald Trump was the first major party presidential candidate in decades to refuse to release his returns to the public during his 2016 campaign.
Marijuana Sales Drop in Washington State for First Time Since Legalization
After voters in Colorado and Washington approved ballot measures to legalize the recreational use and sale of small amounts of cannabis in 2012, the first retail cannabis stores opened in 2014.
Critics Question Private Jet Costs and Other Deductions in Trump’s Taxes
Analysis shows Trump was able to use questionable deductions and aggressive tax strategies to minimize his tax bills.
Trump Paid $0 in Federal Income Tax for Last Year in White House
The former president claimed he lost some $5 million in 2020 and therefore paid no taxes when he filed last year.
If I Were the IRS Commissioner…
If the IRS were to change its filing dates so that 1/12 of the taxpayers had tax returns due each month, instead of 100% of the taxpayers having tax returns due in the same month...
Treasury Sets Tight Deadline for Getting Out Guidance on Inflation Reduction Act Tax Provisions
Before year’s end, Treasury said it will release information on the tax provisions contained in the legislation.