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.
Taxes February 6, 2026
The Treasury Department and the IRS released proposed regulations Feb. 3 on the clean fuel production credit under the One Big Beautiful Bill Act.
February 6, 2026
February 5, 2026
Taxes August 21, 2025
An Illinois doctor has been sentenced to 34 months in prison for committing health care fraud and for hiding assets and lying to the IRS about his ability to pay approximately $1.6 million in taxes, penalties, and interest.
Taxes August 21, 2025
New rules may mean revamped project plans and business models to ensure tax credit eligibility.
Taxes August 20, 2025
Analysts expect manufacturers to further scale back production of EVs to match limited interest among buyers, especially as Trump works to remove federal emissions requirements.
Taxes August 19, 2025
CAP employs real-time issue resolution through transparent and cooperative interaction between large corporate taxpayers and the IRS to improve federal tax compliance
Taxes August 19, 2025
A key requirement of Section 1202 is that the issuer of qualified small business stock (QSBS) must be a domestic (US) C corporation.
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Many accounting firms only focus on clients’ 1099 filing requirements in January. But with the IRS increasing enforcement — and with sweeping changes like the One Big Beautiful Bill poised to alter filing requirements — firms need a year-round strategy.
Taxes August 15, 2025
For the next few years, the new One Big Beautiful Bill Act (OBBBA) lifts the cap on annual SALT deductions from $10,000 to $40,000, paving the way for more itemizers to claim this write-off.
Accounting Technology Lab Podcast August 14, 2025
Brian Tankersley, CPA, and Randy Johnston, discuss new AI innovations in the tax preparation, planning and strategy space, and how tax pros and advisors are using them. Watch the video, listen to the audio, or read the transcript. Or use the below podcast player to listen:
Taxes August 14, 2025
The IRS is shutting down its self-service kiosk program at Taxpayer Assistance Centers after the Treasury Inspector General for Tax Administration expressed concerns to the agency that several of the computer terminals were unusable.
Taxes August 14, 2025
The IRS Independent Office of Appeals recently reminded staff that they should share a copy of the Appeals case memorandum with taxpayers who make an informal request for the document.
Taxes August 14, 2025
After nine years, a court of appeals ruling in July officially confirmed Mayo Clinic’s final victory over the IRS in a $11.5 million legal dispute over its tax-exempt status.