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.
Technology May 22, 2023
Facebook Parent Company Fined $1.3 Billion by E.U.
The ban on data transfers was widely expected and once prompted the U.S. firm to threaten a total withdrawal from the EU.
Taxes May 22, 2023
Modernizing Dated Systems: What the IRS Can Learn from the Latvian Government
What if the IRS was more digitized? Well, they’re trying to do just that.
Taxes May 19, 2023
Senators Introduce Bipartisan Tax Fix Legislation for Online Sellers
Sens. Sherrod Brown and Bill Cassidy want to raise from $600 to $10,000 the sales threshold that would trigger 1099-K forms.
Taxes May 19, 2023
IRS Is Developing Its Own Free Tax Preparation System
The agency said on Tuesday it is taking steps to test out an IRS-run e-filing system called “Direct File” starting next year.
Payroll May 18, 2023
Home-Buying Costs Could Rise 22% if U.S. Defaults on Debt
A debt default would almost certainly mean severe disruption for the economy, with the ripple effects taking their toll on the housing market.
Taxes May 18, 2023
Digital Automation Increasing in Tax Firms
Expect to see a bigger push for digital automation. This is not a new phenomenon — but rather one that will be recognized for the true advantage it brings.
Taxes May 18, 2023
IRS Bumps Up HSA Contribution Limits for 2024
The new inflation-adjusted amounts mean employees will be able to put more money in their HSAs next year than this year.
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Taxes May 18, 2023
Energy and Fuel Companies Prioritizing Tax Compliance
When it comes to managing excise tax compliance, many energy and fuel businesses are burning the midnight oil to keep up.
Taxes May 17, 2023
Former IRS Staffer Gets Jail Time for Identity Theft, Tax Fraud
Deena Vang Lee, a former IRS employee in Fresno, CA, and private tax preparer, received four years and six months in prison.
Small Business May 17, 2023
Sales Taxes in South Dakota to Decrease
South Dakota’s state sales and use tax rate will drop from 4.5% to 4.2% starting July 1, 2023.
Taxes May 17, 2023
How to Efficiently Complete a Business Personal Property Rendition
A personal property rendition is a report that lists all business assets (personal property) that are subject to personal property tax, which is typically all tangible personal property unless a specific exemption applies.
Taxes May 17, 2023
IRS Chief Daniel Werfel Says He Is ‘Deeply Concerned’ About Racial Bias in Audits
An academic study revealed that Black Americans are up to five times more likely to be audited than taxpayers of other races.