Taxes
Latest News
IRS to Host Virtual Focus Groups on the Business Tax Account Online Tool
GASB Proposes Guidance on Subsequent Events
FASB Issues Post-Implementation Review Report for Its Revenue Recognition Standard
Newsom: California Will Offer EV Rebates if Trump Cuts Federal Tax Credit
Home Energy Credits Under the Inflation Reduction Act
This article covers two home energy tax credits for your individual clients to take advantage of by saving money on their tax returns and conserving energy to help out the environment.
5 Tax Season Tactics to Grow Client Advisory Services
Diversifying with tax-adjacent advisory services can add value to your existing clients, build recurring revenue streams and increase the likelihood of your tax clients returning next season.
What to Know about Tax Savings in the Inflation Reduction Act
Many home and small business owners are looking for energy resilience and security in the face of increasing power outages and skyrocketing energy bills.
Stanford Tax Adds AI to Automate Client Organizers for More Efficient Tax Workflows
The software connects with tax platforms including Pro System FX, Pro Series, Ultra Tax, CCH Axcess, CCH Prosytem fx, UltraTax, Lacerte, ProSeries, Drake, and ATX.
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AICPA Submits Recommendations More Streamlined Process for Disaster Extension Requests
Slower approvals, emotional trauma and shortage of building materials, skilled labor, utilities and the other services for rebuilding add to the difficulty some taxpayers experience.
Hunter Biden Immune to Tax Charges, His Lawyers Say
Biden’s lawyers argue that all gun and tax charges should be dropped because their client has immunity under a deal he struck in July.
IRS Wipes Out 20,000 Employee Retention Credit Claims
In September, the IRS pressed pause on the ERC program until at least the end of this year due to a wave of fraudulent claims.
On Event of 250th Anniversary of Boston Tea Party, U.S. Tea Merchants and Small Businesses Find Taxes too Complex
Eight in 10 tea merchants (82%) feel anxiety related to staying on top of their tax obligations. In the U.S., there are more than 900 sales tax rules on tea products.