Taxes
Latest News
Professionals on the Move – Nov. 2024
Top Hyundai Exec Says EVs Are ‘the Future’ Even if Trump Kills Tax Credit
3 Reasons to Involve Your Children in Small Business Saturday
Review of Blue J – The Accounting Technology Lab Podcast – Nov. 2024
Study: Charitable Giving Dropped By $20 Billion in First Year of TCJA
The researchers say that charitable giving fell in 2018 because of the law's change to the standard deduction for income taxes.
Interest Rates to Stay Unchanged for Q4 of 2024, IRS Says
Starting on Oct. 1, the rate for tax overpayments and underpayments for individuals will be 8% per year, compounded daily.
Tax Court Rules on Losses from Rental Activities
The tax court judge figured out that the husband would have had to work 40 hours at his regular job and 48 hours a week on the real estate activity.
New Tax Industry Task Force Aims to Crack Down on Scams
The Coalition Against Scam and Scheme Threats is comprised of the IRS, state tax agencies, tax software firms, associations, and others.
New Tools Help Governments Tap Clean Energy Tax Credits
The process for obtaining these credits is unlike that of any previous program, and online resources have added to make it easier to navigate.
Harris Calls For 28% U.S. Corporate Tax Rate
The Democratic presidential nominee's plan is in line with the corporate tax rate the Biden administration proposed in March.
What’s All the Fuss About Tips and Taxes?
Both presidential candidates are pledging to exempt workers from paying taxes on their tips, but experts say it's bad policy.
Greatland Corp. Acquires Information Returns Inc.
Information Returns customers will be transitioned to Greatland’s Yearli platform. Yearli offers the most complete federal, state and recipient wage and information reporting platform for businesses, accountants, and related service providers in the market.