Taxes
Latest News
Report Says Undocumented Immigrants in U.S. Pay Nearly $100 Billion in Taxes
Emburse and Finexio Partner for B2B Payments
How Generative AI Will Disrupt Accounting
Mid-Market Optimism Hits Pre-Covid Record Highs
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Is Summer Camp Tax Deductible?
I know, I know…the subjects of fun summer camp and “funless” income tax preparation don’t exactly go together as well as toasted ‘mallow and graham. But for as painful as taxes might be, there is some value here for anyone that sent a child to camp last summer, or is planning to in the coming months. […]
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What’s Next For Proposed Changes to Overtime Pay and Exempt Employees?
Recently, the Department of Labor (DOL) has released proposed rules to update the exemptions from overtime.
Senate Committee Approves Tax Extenders Through 2016
Among the many provisions addressed in the bill, business taxpayers would benefit from an extension and expansion of the Research and Experimentation (R&E) Credit, the Work Opportunity Tax Credit (WOTC), and the §179D deduction.
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Focus on Tax Breaks for Disabled as IRS Marks 25th Anniversary of ADA
The Internal Revenue Service is marking the 25th anniversary of the ADA by spotlighting a number of tax benefits and services that can help taxpayers with disabilities.
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4 Facts About the IRS and E-Signatures – Infographic
Taxpayers and preparers are demanding online convenience more than ever. Due to this demand and in an effort to make electronic filling easier, new guidance from the IRS has been issued that will expand the use of electronic signatures on two ...
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Webinar to Focus on LGBT Tax Planning Issues
During the past two years, there has been a lot of confusion and frustration relating to tax and financial planning for LGBT clients. While the Obergefell ruling simplified this planning in many ways, there is still a lot to understand and learn with ...
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Thomson Reuters Updates Market on Affordable Care Act Compliance
In light of the Supreme Court’s King v. Burwell decision, Thomson Reuters has issued an update on the process for companies to comply with the individual and employer mandates of the Affordable Care Act.
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IRS Program Offers Penalty Relief for Businesses with Unfiled Retirement Plans
The program is designed to help small businesses that may have been unaware of the reporting requirements that apply to their retirement plans.