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.
December 17, 2014
Congress Renews Most Expired Tax Breaks
At long last, Congress granted a reprieve for most of the expired tax provisions that had remained in limbo this year, but the late-breaking tax relief is only temporary.
December 15, 2014
National Accounting Society Warns Taxpayers of Scams
The National Society of Accountants (NSA) is warning that many taxpayers have been victims of an aggressive and sophisticated phone scam where callers claim to be employees of the Internal Revenue Service (IRS), but are not.
December 15, 2014
10 Credit Predictions for 2015
A crystal ball is a valuable thing. After all, if any of us truly had one, we could make a killing in the stock market. But while 20-20 vision is ultimately reserved for hindsight and no one can actually predict the future, we can indeed make some educate
December 15, 2014
Is it Better to Donate Money or Volunteer to a Charitable Organization?
The holidays are also the "giving season" for many Americans, so much so that December accounts for about 18 percent of the year’s annual charitable giving.
December 14, 2014
2015 Brings New Payroll Tax Rates, ACA Requirements for Employers
2015 not only brings new rates, it also brings new Affordable Care Act (ACA) reporting requirements. Effective January 2015, large employers - defined as having 50 or more Full-Time Equivalents, or FTEs - will need to start accumulating health ...
December 14, 2014
Greatland Takes W-2 and 1099 Reporting Programs to the Cloud
Professional tax and accounting software and resource provider Greatland has announced the launch of the web-based features of its new Yearli product, a comprehensive W-2 and 1099 reporting software and online filing platform for businesses...
December 12, 2014
2015 IRS Mileage Rates: Business Deduction Increases
The IRS has issued the 2015 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
December 12, 2014
IRS Issues New Procedure for Offers in Compromise Appeals
The Internal Revenue Service is releasing a revenue procedure today providing rules for the nationwide rollout of post-Appeals mediation for Offer in Compromise (OIC) and Trust Fund Recovery Penalty (TFRP) cases. The IRS Office of Appeals originally ...
December 12, 2014
Are Your Business Clients Really Ready for Obamacare?
In March of 2010, when the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Acts were passed, the Individual Mandate seemed like a far off event that we didn’t need to worry about just yet.
December 12, 2014
IRS Hiring Practices and Salaries Examined in Report
A new report says the Internal Revenue Service (IRS) used its legislative authority appropriately when it temporarily hired employees at salaries higher than those typically given to Federal Government senior executives.
December 10, 2014
New Affordable Care Act Dashboard Helps Navigate Employer Mandate
Beginning Jan. 1, 2015, the ACA’s employer mandate will require employers to begin collecting and organizing data for submission to meet the mandatory requirements of offering affordable insurance that meets minimum essential value.
December 9, 2014
Bloomberg BNA Launches Premier Federal Tax Guide
Bloomberg BNA has released its inaugural edition of the Bloomberg BNA 2015 Federal Tax Guide, a quick reference guide developed to aid tax practitioners and professionals in the preparation of 2014 individual and business tax returns and 2015 planning. It