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.
Taxes November 18, 2022
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.
Accounting November 18, 2022
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.
Accounting November 18, 2022
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...
Taxes November 18, 2022
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.
Digital Currency November 18, 2022
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.
November 18, 2022
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.
Taxes November 17, 2022
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.
Advisory November 17, 2022
IRS Advisory Council Releases 2022 Annual Report
The report includes recommendations to the IRS on 21 new and continuing issues in tax administration.
Accounting November 17, 2022
Helping Finance and Employees See Eye-to-Eye on Business Travel Expenses
While 36% of business travelers said it was extremely likely that their industry would see an increase in business travel before the end of 2022, finance managers were less convinced.
Taxes November 17, 2022
NYU SPS Division of Programs in Business to Hold Institute on State and Local Taxation Returns December 12-13
The event is designed for the practitioner who must frequently anticipate and handle state and local tax matters. The Institute addresses all major areas of state and ...
Firm Management November 17, 2022
Your Practice Management Playbook Part 2: How to Flatten the Tax Season Curve
How different would your firm’s tax season productivity be if every client responded on time, with no badgering or chasing required?
Taxes November 16, 2022
Ex-Trump Org CFO Implicates Company in Tax Fraud Case
Allen Weisselberg pleaded guilty in August to the multi-year tax fraud scheme at the heart of the case.