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 September 2, 2022
Student Loan Debt Forgiveness Will Not Be Taxed in Kentucky as Income
Loan forgiveness plan will absolve hundreds of thousands of Kentuckians of their student debt.
Accounting September 2, 2022
AICPA News – Sept 1, 2022
AICPA News is a round-up of recent announcements from the American Institute of CPAs and the Association of International CPAs.
Taxes September 1, 2022
Irish Pub Chain’s Ex-CFO Falsified Documents to Avoid Paying $1M in Sales Tax in Eight States
Former Claddagh Irish Pubs finance chief Ciaran Dillon was charged with two counts of wire fraud.
Taxes September 1, 2022
North Carolina Will Tax Student Loan Forgiveness
Under North Carolina tax law, the canceled loans are considered taxable income at the state level.
Taxes September 1, 2022
Unlike Mississippi, Maine Will Not Tax Forgiven Student Loans
Maine added forgiven loan debt to federal tax code changes it adopted in recent round of tax conformity.
Taxes September 1, 2022
Forgiven Student Loans Won’t be Taxed as Income by Pennsylvania, Governor Says
Bloomberg reported earlier this week that Pennsylvania was among 13 states that treat forgiven debts as income.
Accounting September 1, 2022
Inflation Nation: U.S. Business Executives Project Zero Profit Growth for Coming Year
Revenue projections also fell, quarter over quarter, from an expected 3.4% growth rate over the next 12 months to 2.6%.
Accounting August 31, 2022
The Comedy Store Sues Moss Adams Over Missed $8.5 Million in COVID Relief Funds
The suit claims the accounting firm misrepresented its expertise about the federal COVID-related relief program.
Taxes August 31, 2022
Mississippi Will Tax Forgiven Student Debt in a Departure From Other States
The canceled debt will be subject to income taxes, the state’s Department of Revenue confirmed.
August 31, 2022
Women’s Pay is Growing Faster, But Still Lags Men by 25%
Overall, wage growth has flattened in recent months after a sharp acceleration in the previous year.
August 31, 2022
Bloomberg Tax Adds Research on the Inflation Reduction Act of 2022
The new Inflation Reduction Act of 2022 Watch Page covers key tax provisions, including extension of the expanded Affordable Care Act health plan premium assistance
Accounting August 31, 2022
Business Execs Not Using Tax Data for Policy Changes
The survey indicates that the profession is moving the needle with promising investments in diverse talent, a greater willingness to upskill inhouse employee ...