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.
Small Business September 22, 2025
Sales Tax Update – October 2025
Numerous state sales tax updates take effect October 1, 2025. Read on to learn about new rates, exemptions, and rules that may impact your sales tax compliance in October 2025.
Taxes September 22, 2025
What Happens if There’s a Federal Government Shutdown?
Congress is staring down a Sept. 30 deadline to extend federal funding and avoid a government shutdown after competing proposals from Republicans and Democrats were blocked Friday in the Senate.
Taxes September 19, 2025
Partisan Stopgap Funding Bills Fall Short in Senate
The Senate shot down dueling versions of a short-term funding patch on Sept. 19 before leaving town for a weeklong recess without a plan in place to avoid a partial government shutdown next month.
Taxes September 19, 2025
Fetterman Breaks with Party Over Tactics to Keep Obamacare Tax Subsidies
Congressional Democrats won't get any help from Sen. John Fetterman (D-PA) as they risk a government shutdown in a bid to extend expiring Affordable Care Act tax credits.
Taxes September 19, 2025
AICPA Provides Recommendations to Simplify Filing for Complex Tax Issues Like Foreign Investments and Charitable Deductions
In a letter submitted to the Treasury Department and the IRS, the American Institute of CPAs has requested the improvement of several tax forms used by estates and trusts.
Taxes September 19, 2025
IRS, Treasury Release Guidance on ‘No Tax on Tips’ Deduction, Which Occupations Qualify
The Treasury Department and the IRS issued proposed regulations on Sept. 19 that confirm the occupations eligible for the deduction, which excludes any tips received for "illegal activity" and "pornographic activity."
Payroll September 18, 2025
Tax Changes to Overtime Pay Under the One Big Beautiful Bill Tax Act – OBBBA Tax Law Changes
Under the One Big Beautiful Bill Act (OBBBA), employees can deduct overtime pay in certain situations—no questions asked.
Taxes September 18, 2025
Government Shutdown Risks Rise as Democrats Issue Ambitious Counteroffer
The Democrats’ bill would repeal Medicaid cuts enacted in July and also seeks a long-term extension of expiring Obamacare tax subsidies, a proposal that could cost hundreds of billions.
Taxes September 17, 2025
New Tax Law Sweetens the Deal for Seniors and Retirement Benefits – OBBBA Tax Law Changes
The new legislation includes a new tax deduction for senior citizens that sweetens the tax pot when they file their personal returns. This new deduction takes effect in 2025 and is scheduled to end after 2028.
Taxes September 17, 2025
Blue J and CPA.com Co-Author the AI Tax Research Solution Outlook Report to Set the Benchmark for the Future of Tax Research
Drawing on responses from more than 150 tax practitioners across firm sizes, the report uncovers a widening performance gap between those adopting AI-powered tax research solutions and those still using legacy tools.
Taxes September 16, 2025
Nevada Tax Preparer Pleads Guilty to $3.5M Tax Evasion Scheme
Moore is scheduled to be sentenced on Dec. 8 and faces a maximum penalty of five years in prison. He also faces a period of supervised release, restitution, and monetary penalties.
Taxes September 16, 2025
Tax Compliance is a Growing Concern Among Online Retailers, Survey Reveals
Tax compliance is one of the most stressful tasks e-commerce and procurement executives perform, driven by both the complexity of tax laws and the high stakes of noncompliance, according to a new survey from Swap.