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.
November 2, 2015
What Accounting Firms Need to Know About Updating Salaries and Giving Raises
If you can’t remember the last time you reviewed your employees’ compensation, it’s been too long. Your staff members know what they’re worth and what the local job market is paying, and so should you. At least once a year, benchmark your firm’s ...
November 2, 2015
Improve Your Firm’s Tax Production by Eliminating Muda
Eliminating Muda is one of the most effective byproducts of Lean Six Sigma analysis techniques which make any process more efficient and profitable. So what exactly is Muda? It is the Japanese term for waste, which is defined as “any human activity ...
November 2, 2015
Year-End Insights for State and Local Taxes
The deduction for taxes claimed on Schedule A includes amounts paid for state and local income taxes such as the taxes withheld from your paychecks and any estimated taxes paid during the year. It also includes property taxes if you’re a homeowner.
October 30, 2015
Ted Cruz’s Income Tax Plan Shakes up the Status Quo
According to most media reports, Senator Ted Cruz (Rep.-TX) was one of the “winners” in the Republican presidential debate held on October 28. At the very least, the radical tax plan released by Cruz just prior to the debate tip-off is generating ...
October 30, 2015
IRS Drops PTIN Fee to $50
The fee for new PTINs and renewals will be $50, down from $64.25 and $63, respectively. The agency also reminded return preparers of major upcoming changes regarding which tax return preparers can represent clients in matters before the IRS.
October 29, 2015
New Certify Mobile Instant Policy Check Helps Business Travelers Stay in Compliance
Staying in compliance can be challenging for business travelers, no matter how steadfast a company’s T&E policy may be or how well an employee has been trained. Certify Mobile Instant Policy Check is the easiest way to verify expenses against policy ...
October 28, 2015
How to Collect Tax Benefits for Business Bad Debts
From a business perspective, there’s practically nothing worse than providing goods or services to a customer or client and not getting paid. Or maybe you’ve made loans to vendors or suppliers that haven’t been repaid. It can take a long time to get ...
October 28, 2015
Avalara TrustFile Debuts on New Weebly App Center
Weebly, a global service that lets any merchant create a high quality website, is working with Avalara to bring sales tax automation solutions to aspiring, newly-established and fast-growing online merchants. With Weebly and Avalara TrustFile ...
October 28, 2015
CPA.com Partners with Vertex SMB for Sales Tax Solutions
Businesses that sell online or operate in multiple states can find it daunting to stay compliant with ever-changing regulations from a host of jurisdictions and taxing authorities. Vertex SMB’s tax calculation and returns platform helps CPA firms and ...
October 28, 2015
Average Income Tax Preparation Fees Increased in 2015
The average cost of a professional income tax preparer to handle a "typical" 2014 tax return (the one filed by April 15, 2015) was $273 this year. This includes an itemized Form 1040 with Schedule A and a state tax return, according to the National ...
October 27, 2015
Where Your Tax Money is Going in 2016
During the 2016 fiscal year, the government is working with a federal budget of 4.1 trillion dollars—a hefty chunk of change. If you’re curious about exactly how the government chooses to use your hard-earned taxpayer money and want to find out some ...
October 27, 2015
CCH CodeConnect Gives Tax Pros Easy Research Access
CCH CodeConnect allows tax professionals in accounting firms and corporations to quickly find answers and practical guidance relating to federal tax law, and offers relevant practice tools, checklists, deadlines, forms, instructions and more.