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
Zelle Users Are Circumventing an IRS Tax Rule to Their Advantage
Zelle says the new IRS 1099-K reporting rules for third-party payment processors do not apply to them.
Theranos Founder Elizabeth Holmes Gets 11 Year Prison Sentence for Fraud
Theranos founder Elizabeth Holmes has been sentenced to 135 months — or more than 11 years — in prison, following her conviction for felony fraud in one of the most closely and widely watched trials in Silicon Valley history.
Justice Department Assigns Special Counsel to Take Over Investigations into Trump
Garland named John L. “Jack” Smith as the special counsel under an order signed Friday. Since 2018, Smith has served as the chief prosecutor for the special court in The Hague...
Former Trump Org CFO Testifies He Kept Two Sets of Books
Allen Weisselberg described how he and other executives illegally saved hundreds of thousands of dollars on taxes.
FTX Users Can’t Count on Help From the IRS
When market investors suffer losses, they’re often eligible for a tax write-off to soften the blow. FTX users won’t be so lucky.
Unprofitable Startups May Owe 2022 Taxes
A provision in the Tax Cuts and Jobs Act (TCJA) changes how tax law treats research and development expenses ... pushing many money losing startups into owing taxes.
CPAs Indicted in $1 Billion North Texas Tax Shelter Scheme
The case centers around Dallas tax attorney Joseph Garza, who is described as the mastermind of the scheme.
IRS Advisory Council Releases 2022 Annual Report
The report includes recommendations to the IRS on 21 new and continuing issues in tax administration.