Taxes
Latest News
INCPAS and NABA Launch Initiative to Strengthen Talent Pipeline in Indiana
New Jersey Society of CPAs Announces 10 Winners of its CPA Exam Fee Lottery
CFPB Finalizes Rule on Federal Oversight of Popular Digital Payment Apps
Charitable Giving is Feeling Squeeze of Tight Economy
$78 Billion Tax Deal Gets More Bipartisan Support in Congress
Ways and Means voted to approve a tax package that would revive a trio of business tax incentives and expand the child tax credit.
Trump Tax Leaker Acted Out of ‘Deep, Moral Belief,’ Judge Told
Charles Littlejohn, 38, pleaded guilty Oct. 12 to stealing Donald Trump’s tax data from the IRS and leaking it to The New York Times.
New Tax Guidance on Energy Credits for Using Land Alternative Fuel Charging Stations
The Inflation Reduction Act amended the credit for qualified alternative fuel vehicle refueling property. The changes apply to qualified alternative fuel vehicle refueling property placed in service after Dec. 31, 2022 and before Jan. 1, 2033.
IRS System Upgrades Delay E-Filing for Some Tax-Exempt Organizations
The IRS said on Thursday that tax-exempt groups won't be able to e-file Form 990-T or Form 1120-POL until March 17.
Why Expanding the Child Tax Credit Makes Economic Sense
The two halves of this deal provide the biggest bang for the buck—in terms of reducing poverty and growing the U.S. economy.
Vertex Wins IDC SaaS Customer Satisfaction Award for Tax
Vertex excelled in numerous areas across IDC’s survey results, earning high ratings for user experience, data management, cloud native architecture and superior features and functionality.
Avalara and Actabl Partner for Automated Hotel Tax Compliance and Data Management
The partnership between Avalara and Actabl consolidates revenue and tax data from various business systems, streamlining tax compliance processes through automation.
Bipartisan Tax Deal Would Expand Credits for Businesses, Children, and Low-Income Housing
Other changes to the credit would include making more of the credit available as a refund and indexing the total credit to inflation starting in 2024.