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.
May 12, 2015
How Firms Can Better Prepare for Next Tax Season
Imagine you are sitting in your office one day and a business client came in and dropped a six inch thick stack of paperwork and receipts on your desk and asked you to help make enough sense of it to submit a tax filing to the IRS. Your first reaction ...
May 12, 2015
“Where Do I Start?”
I recently attended the New York Accounting Show put on by Flagg Management, generally acknowledged as the annual kickoff event for nationally recognized accounting conferences that provide continuing professional education and networking opportunities fo
May 11, 2015
‘High Net Workers’ Redefine Wealth Accumulation and Retirement Goals
A subset of Americans is redefining the way families within their income bracket live, work and plan for the future, according to a survey released today by EverBank. The High Net Worker (HNW), named for the group’s earning power, dogged work ethic and av
May 10, 2015
Avalara Launches New Cloud Solutions for Sales Tax Exemption Certificate Management
The new products help retailers and ecommerce companies to automatically collect sales tax exemption certificates at point of sale kiosks and online shopping carts using a variety of mobile devices to make it easier to comply with tax laws and ...
May 8, 2015
Tax Amnesty Programs Give Some Individuals and Businesses a Second Chance
Cash-strapped states are looking to tax amnesty programs that give scofflaws a bit of a break on penalties and interest if they own up and pay up. The programs bring needed revenues to states struggling to balance their budgets and encourage taxpayers ...
May 7, 2015
Deadline Approaching for Small Businesses to Late-File Retirement Plan Reports
The IRS is reminding small business owners that they have just a couple of more weeks – until June 2, 2015 to be exact – to qualify for special tax relief if they haven’t filed annual retirement plan reports on time (IR-2015-74, 5/1/15).
May 6, 2015
In Past Decade, 1,580 IRS Employees Fired or Punished for Not Paying Taxes
TIGTA found that, over a 10-year period (Oct. 1, 2003 through Sept. 30, 2013), 1,580 IRS employees were found to be willfully tax noncompliant.
May 6, 2015
May SALT Checklist
What should you be doing in your state and local tax practice this month? Here's your SALT checklist for May.
May 6, 2015
Navigating the Switch from Blended Rates to State-By-State Tax Provisioning
Recent regulatory changes in the Accounting Standards Codification (ASC) section 740-10, Accounting for Income Tax, have triggered disruption in the state tax provision area- especially around how organizations calculate deferred tax assets and liabilitie
May 5, 2015
IRS Watchdog Says Improvements Needed on ACA Processes
The new Patient-Centered Outcomes Research (PCOR) fee is used to offset the costs of the PCOR Institute, which funds research that will provide information to assist patients and their healthcare providers make more informed health care decisions.
May 4, 2015
More Than 1 in 3 Americans Have Never Checked Any of Their Credit Reports
More than one-third of American adults (35 percent) report that they have never reviewed any of their credit reports and another 14 percent say they typically go more than a year between checks, according to a new study by Bankrate.com.
May 1, 2015
Report Says IRS Has Gotten Better at Processing Political Tax-Exemption Applications
The Internal Revenue Service (IRS) has taken significant actions to improve the processing of tax-exempt applications involving political intervention, according to a new report from the Treasury Inspector General for Tax Administration (TIGTA).