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.
September 30, 2013
How to Avoid the Top 4 Household Employment Tax Mistakes
When families become employers, they take on many of the same responsibilities that business employers do – although many of the forms, deadlines and labor laws for household employers are unique.
September 27, 2013
Unlicensed tax preparer gets probation for tax fraud
A Tulsa, Oklahoma, woman was sentenced Wednesday to five years of probation and was ordered to pay more than $79,000 in restitution to the Internal Revenue Service after pleading guilty to aiding and assisting in the preparation of a false federal income tax return.
September 24, 2013
Minnesota Vikings Owners Lose $84.5M Fraud Judgment
A New Jersey judge slapped the Minnesota Vikings owners Monday with an order to pay $84.5 million in damages to former partners they defrauded in a decades-old real estate deal.
September 23, 2013
Congress Releases Goals of Potential Internet Sales Tax Law
On Thursday, the House Judiciary Committee released basic principles pertaining to the issue of Internet sales tax. To develop these principles, the Committee received input directly from taxpayers, industry and trade groups, and representatives of state and local governments.
September 19, 2013
New Tax Incentives Focus On Attracting Business to New Jersey
New Jersey Governor Chris Christie on Wednesday signed into law a bill overhauling the state's tax incentive programs, touting the measure as a bipartisan achievement that would enable New Jersey to better compete for business.
September 18, 2013
Swiss Banks to Turn Over Info on U.S. Accounts
The Tax Division of the U.S. Department of Justice has announced an agreement with Switzerland that would permit all but a few Swiss banks to avoid criminal prosecution by paying substantial fines and turning over information on accounts held by American clients.
September 18, 2013
California Businesses and Workers Split on Minimum Wage Increase
As a father of three earning $8 an hour, Bakersfield resident Adula Harris may well benefit if Gov. Jerry Brown signs a bill that would raise California's minimum hourly wage to $9 in July and then to $10 in January 2016.
September 18, 2013
Thomson Reuters Launches New Online Marketplace for Tax & Accounting Pros
The Tax & Accounting business of Thomson Reuters has launched an enhanced online marketplace at Tax.ThomsonReuters.com/Store. It is designed to help tax and accounting practitioners and corporate tax professionals more easily find and purchase the products they need, access news and insightful articles, join online communities of their peers, and more.
September 17, 2013
IRS gives tax relief to businesses and individuals affected by Colorado flooding
The Internal Revenue Service is providing tax relief to individual and business taxpayers impacted by severe storms, flooding, landslides and mudslides in Colorado.
September 16, 2013
Despite Threat of Fraud, Most SMB Owners Fail on Security
National Survey Shows Small Businesses Show Less Concern Until They Become Victims Themselves
September 16, 2013
IRS Tax Gap Estimate Has Room for Improvement
The Internal Revenue Service estimate of the Tax Gap, the difference between taxes owed and taxes paid voluntarily and on time, could be more comprehensive, accurate, reliable and timely, according to a new report released publicly today by the Treasury Inspector General for Tax Administration.
September 14, 2013
Nonprofits & the IRS: 5 Risk Areas to Watch For
As the Internal Revenue Service Exempt Organization division twists and turns in the wind over the recent scandal involving undue scrutiny on certain tax-exempt applications, nonprofit managers and practitioners might wonder how this will impact them.