Taxes
Latest News
IRS Shares Five New Warning Signs of Incorrect ERC Claims
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
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Webinar: Effortless Tax Prep and Workflow: Say Goodbye to Client Frustrations
Erase client frustration with automated tax return delivery they will want to adopt.
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Oklahoma to Exempt Groceries from State Sales Tax
Come August 2024, the Sooner state will cut back by providing a partial sales tax exemption for food for home consumption.
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AICPA Provides Recommendations to Simplify Procedures for Generation-Skipping Tax Exemption
These recommendations will simplify filing for taxpayers and practitioners and will reduce the administrative burden on the IRS as well.
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IRS Proposes Regs For Stock Repurchase Excise Tax
The new guidance pertains to the Inflation Reduction Act's 1% excise tax owed on corporate stock repurchases or buybacks.
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IRS Warns of ‘Wildly Inaccurate Tax Advice’ on Social Media
When it comes to taxes, misleading information on social media can lead to financial or even legal problems, the IRS said.
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5 Cyber Tips for CPAs for Tax Season and After
The key to securing and maintaining clients will always be trust. In order to safeguard your CPA firm's reputation and integrity, security is paramount.
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IRS Adds Security Steps For Tax Pros to Receive Transcripts
The IRS told tax professionals last week it’s making changes that will impact how practitioners obtain a client's tax transcripts.
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How the 50 States Rank By Tax Burden
Residents of New York state are burdened by taxes the most, while Alaska residents have the lowest tax burden, a WalletHub study found.