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
IRS is Reopening Voluntary Disclosure Program for Improper ERC Claims
Businesses that apply for and are accepted into the program have to repay 85% of the credit back to the agency.
What’s Kamala Harris’ Tax Plan for Middle Income Workers?
Details on her tax positions will likely become a crucial campaign issue, as polls show economics is one of voters' top concerns.
Americans Claimed More Than $8 Billion in Clean Energy Credits Last Year, IRS Says
Over 3.4 million U.S. families claimed $8.4 billion in tax credits to lower the costs of their home energy upgrades, new data shows.
IRS Updates WISP Guide for Tax Pros
The new Written Information Security Plan template was updated to help protect practitioners and their clients from identity thieves.
DraftKings Ditches Plan to Charge Extra Fees in High-Tax States
The sports-betting company said it would scrap its plan to add a "gaming tax surcharge" to winning bets in 2025.
Harris, Trump Duel for Voters With Budget-Busting Tax Proposals
The presidential candidates are trying to court voters in key battleground states ahead of a battle to rewrite the tax code.
Trump Pitches Repeal of Tax on Social Security Benefits
The cost of fully exempting Social Security benefits from taxes could top $1.6 trillion over a decade, according to the Tax Foundation.
Massachusetts Collects $2.2B From ‘Millionaires Tax’
The 4% surtax on incomes over $1 million, also known as the “Fair Share Amendment,” was approved by voters in 2022.