Taxes
Latest News
An Increase in Customer Theft is Increasing Restaurant Prices
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
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Details of the New Tax Rules for Electric Vehicles
The new law retains the maximum credit of $7,500 for 2023 through 2032. However, the IRA changes other rules of the road, as follows:
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Taxpayer Advocate Wants to Improve Taxpayer Experience at IRS
The NTA outlines the most time-sensitive priorities for the IRS in part one of her NTA Blog which focuses on eliminating the backlog of processing paper ...
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Biden Likely to Nominate Estate Tax Expert as IRS’s Top Lawyer
Beth Kaufman previously served in the Treasury Department’s office of tax legislative counsel.
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Ensuring Success 2022 – 2 Days of Free Online CPE – Earn Up to 14 Hours
Earn from 1 to 14 hours of free CPE during this online 2-day event. Pick only the sessions you want to attend, and finish up your CPE requirements before the end of the year.
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State and Local Sales Taxes at All-Time High
The Mid-Year Rates and Rules Report revealed that, although the implementation of taxes is beginning to level off, rates are higher.
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Grant Thornton Names Fair Opportunity Project as a Purple Paladin
The word paladin means a champion of a cause. Grant Thornton and its professionals have donated more than $650,000 to Purple Paladin nonprofits.
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Who Will Replace IRS Commissioner Rettig?
No IRS commissioner has served two terms since the IRS Restructuring and Reform Act of 1998 became law.
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Income Tax Deductions for Start-Ups
A start-up business can claim a current deduction for qualified start-up costs if it meets two requirements, as stated by the IRS.