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 12, 2012
Premier of Cayman Islands arrested for financial crimes
The premier of the Cayman Islands, McKeeva Bush, 57, was arrested early Tuesday morning and detained in police custody in connection with a number of ongoing police investigations.
December 12, 2012
Illinois CPA Society Explains How the “Fiscal Cliff” May Affect Everyday Americans
If not renewed by Congress, the expiring items could cost households an average of $3,500 in higher taxes next year.
December 12, 2012
ADP offers year-end payroll tax tips to small business owners and their advisors
ADP's Small Business Services division has developed a checklist of tips and reminders to small business owners, their accountants and other advisors, to help them get a head start on year-end tax preparation to help avoid delays, streamline the tax filing process and improve outcomes.
December 12, 2012
What the 2013 Fiscal Cliff Means for Employers and Job Seekers – A Call to Action for Accountants
The "fiscal cliff" looms over the minds of business investors as Bush era tax cuts are scheduled to expire soon. Among other things, this could mean an increase of $2000 in income taxes for middle class families.
December 11, 2012
Ohio CPAs outline preferred priorities for Congress in 2013
Addressing fiscal cliff and tackling tax reform among top three 2013 issues for Ohio CPAs.
December 10, 2012
5 Year-end tax tips for small businesses
Eight in ten Americans consider it extremely or very important that Congress and President Obama agree on a plan to avoid the so-called fiscal cliff -- automatic budget cuts and the expiration of Bush-era tax increases set for Jan. 1. But the difficult task of finding compromise before the deadline means year-end tax planning for…
December 10, 2012
Florida CPA gets 1yr in prison for role in foreclosure scheme
A Florida was sentenced on Friday to serve a year and a day in prison for his role in a foreclosure rescue scheme that victimized desperate homeowners on the brink of losing their homes, the Justice Department announced. Coombs was sentenced by U.S. District Judge Kenneth A. Marra in the Southern District of Florida.
December 5, 2012
Tips for Navigating 2012 W-2 & 1099 Changes
Avoid penalties, improve compliance and know the important changes for the 2012 year-end
December 5, 2012
Blackbaud Index Shows Charitable Giving Down
The most recent Blackbaud Index of Charitable Giving shows that charitable giving decreased 3.8% for the three months ending October 2012 as compared to the same period in 2011.
December 3, 2012
Fiscal cliff makes 2012 a challenge for tax planning
In more than 35 years as a certified public accountant, Greg Sevier said this year has probably been the most challenging one in which to do tax planning for clients.
December 2, 2012
CPA gets 4.5 year prison sentence in fraud case
A certified public accountant and purported outside auditor for Provident Capital Indemnity Ltd. was sentenced in Richmond, Va., to 54 months in prison for his role in an approximately half-billion-dollar fraud scheme that affected more than 3,500 victims throughout the United States and abroad
December 1, 2012
W-2 and 1099 Programs Make Year-End Reporting Easier
Every year, tax and accounting professionals and their clients are faced with the often daunting task of year-end wage and information reporting.