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
The Tax Revenue Implications of Gas Vehicle Bans
Electric vehicle mandates are surfacing at the federal, state, and local levels. They raise a number of questions about fuel tax revenue, electricity infrastructure, and more.
IRS Criminal Investigation Had 90% Conviction Rate in FY 2022
IRS-CI carried out more than 2,550 criminal investigations during its most recent fiscal year, according to a report.
Tax Preparers Have Until Dec. 31 to Renew Their PTINs for 2023
The fee to renew or obtain a PTIN is $30.75 for 2023, according to the IRS.
IRS Seeks Feedback on Soon-to-Be Released Energy Credit Guidance
The comments will help the IRS draft rules most reflective of the needs of taxpayers entitled to claim energy credits.
Trump’s Signature on Weisselberg Apartment Lease Shown to Jury in Tax Fraud Trial
The trial threatens to reveal the inner workings of the real estate empire that set Trump on his path to the White House.
Count LTCI Premiums for Medical Deduction
You can add the cost of premiums to the amount you need to surpass the deduction threshold for medical expenses. But the IRS strictly limits the amount you can write off for LTCI insurance each year.
Supreme Court Grants Trump Delay on Release of Tax Records to Congress
Chief Justice John Roberts paused a long legal battle over House Ways and Means’ access to Trump’s tax records.
Biden to Call on Congress to Mull Windfall Tax on Excessive Oil Profits
Exxon Mobil, Chevron and Shell reported record profits last quarter, even as gas prices remained high.