Taxes February 6, 2026
IRS Issues Proposed Rules on Clean Fuel Tax Credit
The Treasury Department and the IRS released proposed regulations Feb. 3 on the clean fuel production credit under the One Big Beautiful Bill Act.
![globe-flags[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/2022/07/33706/globe_flags_1_.5ce342f3a9102.png)
Accounting July 11, 2023
Global Sanctions Pose Significant Challenges for Financial Institutions
According to the survey, 76% of financial institutions are experiencing enhanced regulatory scrutiny related to sanctions since early 2022.
Taxes July 9, 2023
Hosting an Exchange Student Can Earn a Tax Break
Qualified deductible expenses include the cost of books, tuition, food, clothing, transportation, medical and dental care, entertainment and other amounts actually spent for the student's well being.
Payroll July 7, 2023
14 Charged with $53 Million PPP Fraud Scheme in N. Texas
Fourteen people were charged in a $53 million fraud scheme involving the federal government’s pandemic relief program, including some executives from a Dallas metal recycling firm.
July 6, 2023
How to Realize Tax Rewards with Sec. 1244 Stock
Be aware, however, that this special tax treatment isn’t automatic. To qualify for Section 1244 treatment, the following four main requirements must be met.
Taxes July 6, 2023
Taxpayers Can Use a 529 Plan for Themselves
But Section 529 plans don’t have to be used only for your kids. One can be set up to reward virtually any beneficiary—including yourself!
Taxes July 6, 2023
How to Deduct Business Expenses While on Vacation
When planning your travels this summer or any other time of the year—business or personal—just remember that the IRS pays close attention to expenses incurred.
Taxes July 5, 2023
How to Develop a New Five-Year Plan for Your Company’s Tax Department
Businesses should take lessons from five years of transformation experiences to make a plan for the next half-decade.
Accounting July 5, 2023
New York CPAs Elect Liren Wei as President of State Society
Wei joined the NYSSCPA in 1994 and is a member of the Queens/Brooklyn Chapter, where he served as president, president-elect, and currently sits on the Executive Board.
Accounting July 3, 2023
How Accounting Pros Can Leverage Technology to Overcome the Biggest Struggles
Firms need to consider technology as an opportunity – not a challenge - to help drive efficiency and overcome their top five talent-related challenges.
Payroll June 30, 2023
Supreme Court Strikes Down Student Loan Forgiveness Plan
About 26 million borrowers applied for relief. If put into effect, the program is projected to cost more than $400 billion.
Payroll June 29, 2023
U.S. Employers Expect 4% Payroll Increases in 2024
Though down from the actual increase of 4.4% in 2023, the numbers remain higher than the 3.1% salary increase budget in 2021 and years prior.
Taxes June 28, 2023
AICPA Recommends Changes to IRS Form 706-GS (D-1)
Form 706-GS(D-1) is used by trustees to report certain distributions from a trust that are subject to the generation-skipping transfer tax (GSTT).