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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Good Documentation Helps Small Business Clients Prepare For Audits
Unfortunate as it may be, you know that small business clients too often neglect their bookkeeping, expense documentation, and other tax-related responsibilities.
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Home Improvements May Qualify as Medical Expenses on Taxes
In certain limited situations, you may realize a tax break for a home improvement that is deemed to be medically necessary. If you qualify, a portion of the expense is deductible as a medical expense as...
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Wolters Kluwer Launches Business Tax Return Workflow in CCH Axcess
New functionality available in CCH Axcess Client Collaboration addresses this challenge head on, by making it possible for firms and their clients to ...
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IRS Seeks Public Comment on Draft Changes to UTP Form
The IRS believes the draft changes to Schedule UTP and instructions will improve the form’s usefulness.
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Treasury, IRS Expand Program for Approving Retirement Plans
The IRS will now allow 403(b) retirement plans to be covered by the program, it was announced today.
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IRS Appeals Office Sets Priorities for the Coming Year
The IRS Independent Office of Appeals has outlined taxpayer service initiative expected in 2023.
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What Retirement Savers Need to Know About 2023 IRA Contribution and Income Limits
Here’s what workers should keep in mind about the most recent adjustments from the IRS.
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Ford Urges Broad Interpretation of EV Tax Credits
Ford responded to Treasury Department request on how it should implement the new consumer tax credits.