Taxes
Latest News
IRS Updates Clean Vehicle Tax Credit FAQs
Ex-EY Executive to Take Over as Global CEO for Law Firm Dentons
Wolters Kluwer Acquires European Tech Portfolio, Including CodaBox, ClearFacts, Clearnox, Zoomit, and Flowin
IRS Chief Receives NATP’s Inaugural Vanguard Award
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CPAs to Clients: The IRS is Coming for Cryptocurrency
As more people become interested in buying and selling digital assets, the IRS is ramping up its crypto tax enforcement efforts.
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Increase in Retail Sales Beats Forecasts
U.S. retail sales rose in July by more than forecast, suggesting consumers still have the wherewithal to sustain the economic expansion.
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IRS Gives Taxpayers New Faxing Option to Request Relief on Late International Forms
The IRS says this electronic option removes a step in the paper process, which saves time and eases the burden on international taxpayers.
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How to Offer Registered Agent Services
By adding RA services to your CPA firm, you’ll become your clients’ one-stop solution for their business needs, including accounting, tax, and compliance services.
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Four Income Tax Breaks for New Parents
You just welcomed a new bundle of joy into the world. But once the euphoria has worn off, you’ll start to realize—if you haven’t already—that kids are expensive.
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Trust In Irrevocable Life Insurance Trusts
Many limitations have been placed on traditional tax shelters over time, but the benefits of “irrevocable life insurance trusts” (ILITs) remain intact.
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South Carolina Return Preparer Sentenced to Prison for Tax Fraud
In total, Gonzalez caused a tax loss to the IRS of more than $420,000.
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AI Tax Tech That Sniffs Out Tax Evasion Gets $12.5M in Funding
The system is currently used by major tax agencies around the world, including the Internal Revenue Service's Criminal Investigation Division and multiple states' tax authorities in the U.S.