Taxes
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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
AICPA Offers Comments to IRS on Domestic Content Bonus Credit Requirements
Per the interim guidance, to qualify for the DCBC, customers will need to know the exact amount of the manufactured product and components costs and which components are domestically produced.
More than 1,000 IRS Employees Were Delinquent or Noncompliant on Their 2023 Income Taxes
Between October 1, 2021, and April 1, 2023, the IRS closed 1,175 cases with disciplinary actions, for 1,068 current employees, with confirmed tax noncompliance issues.
IRS Updates Clean Vehicle Tax Credit FAQs
The updated FAQs, issued July 26, pertain to the New, Previously Owned, and Qualified Commercial Clean Vehicle Credits.
IRS Chief Receives NATP’s Inaugural Vanguard Award
Danny Werfel received this first-ever award from the National Association of Tax Professionals during Taxposium 2024 in Orlando.
IRS Shares Five New Warning Signs of Incorrect ERC Claims
These red flags come from common issues that IRS compliance teams have seen while analyzing and processing ERC claims.
‘Unpredictable’ Election Clouds Tax and Economic Policy View
The immediate unknown is whether Vice President Kamala Harris would recalibrate Democrats' economic agenda.
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Sen. Bernie Sanders said he has "some interest" in the Finance panel opening, due to the resignation of Sen. Bob Menendez next month.
New Jersey Joins IRS Direct File For 2025 Filing Season
Direct File will now be a permanent option for taxpayers in states that choose to participate, and New Jersey said it's in.