Taxes
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IRS ‘Get Ready’ Campaign Helps Taxpayers Prepare for Filing Season
Trump Nominates Hedge Fund Exec Bessent to Lead Treasury Department
The Top Toys and Gifts for the 2025 Christmas and Holiday Season
Professionals on the Move – Nov. 2024
Tax Relief for Fire Victims Clears Major Hurdle with House Vote
The measure was approved 357-70 by the House of Representatives as part of a bipartisan tax deal that included fire victim tax relief.
IRS Says It Won’t Change Decision to Tax Minnesota Rebate Checks
The state’s rebates didn’t fall under the category of general welfare or disaster relief, both of which can be excluded from federal taxes.
House Passes Bipartisan Tax Bill Without SALT Changes
The bill would devote about $33 billion to reviving a trio of business tax breaks and roughly the same amount to expand the child tax credit.
U.S. Sales Tax Rate Changes Hit 10-Year High
In 2023, businesses faced 444 sales tax rate changes spanning state, county, city and district jurisdictions, marking a 17% rise from last year's combined rate changes. This surpasses the former record of 412 rate changes witnessed in 2017.
Trump Tax Leaker Gets 5 Years in Prison
Charles Littlejohn had pleaded guilty to stealing Donald Trump’s tax records from the IRS and leaking them to the New York Times.
IRS Direct File Launches for Low-Income Taxpayers in 12 States
Taxpayers in 12 states — Arizona, California, Florida, Massachusetts, New Hampshire, Nevada, New York, South Dakota, Tennessee, Texas, Washington, and Wyoming — will have access to a new program from the IRS called Direct File.
IRS Chief Gives a Shout-Out to Tax Professionals as 2024 Filing Season Begins
IRS Commissioner Danny Werfel had a message today for all tax professionals as they embark on another filing season: Thank you.
IRS Starts Accepting Returns and Extends Hours at Tax Assistance Centers
2024 Tax Refund Calendar: How to Estimate When You May Receive Your Refund.