Taxes
Latest News
INCPAS and NABA Launch Initiative to Strengthen Talent Pipeline in Indiana
Financial Cents Adds New Billing Feature For Accounting Firms
SEC Fines UPS $45 Million Over Improperly Valued Freight Business
New Jersey Society of CPAs Announces 10 Winners of its CPA Exam Fee Lottery
Hyundai Offers $7,500 Cash Bonus for EVs to Match U.S. Tax Credits
The discounts apply to the Ioniq 5, Ioniq 6, and Kona Electric, and the month-long incentive will last through Jan. 31.
IRS Pauses Reporting Requirement on Some Digital Assets Pending New Regulations
Treasury and the IRS intend to issue proposed regulations to provide additional information and procedures for reporting the receipt of digital assets.
Supreme Court Won’t Take Up Washington Capital Gains Tax Challenge
Opponents had argued it was a tax on income, and thus barred by Washington's state constitution.
The Tax Blotter – Jan. 2024
The Tax Blotter is a round-up of brief news items relating to tax preparation, policy and legislation.
IRS Provides Initial Guidance on Employee PLESAs
IRS Notice 2024-22 provides employers insight on the anti-abuse rules regarding pension-linked emergency savings accounts.
Chief Tax Writers Working to Broaden Appeal of Tentative $70 Billion Package
Concerns from lawmakers run the gamut about what's in the emerging tax pact—and what's been left out.
Hunter Biden Pleads Not Guilty in L.A. on Federal Tax Charges
Hunter Biden was indicted last month in California on nine tax offenses, including failing to pay his taxes on time from 2016 to 2019.
Government Shutdown Could Cause Havoc for Tax Season
According to IRS Commissioner Danny Werfel, the agency could still maintain some operations, depending on the length of a government shutdown.