Taxes February 6, 2026
IRS Issues Proposed Rules on Clean Fuel Tax Credit
The Treasury Department and the IRS released proposed regulations Feb. 3 on the clean fuel production credit under the One Big Beautiful Bill Act.
AICPA February 12, 2025
AICPA Thanks Ways and Means Committee for Approving Endorsed Legislation
The AICPA has long supported the proposals and will continue to work to advance comprehensive proposals that enhance Internal Revenue Service (IRS) operations and improve the taxpayer experience.
Taxes February 12, 2025
Mastering Tax Season: 4 Ways to Manage Unprepared or Late Clients
Make sure to explain how their current pricing tier doesn’t include the things they need and how your additional services can help them stay on top of taxes throughout the year.
Taxes February 12, 2025
New Jersey CPA Sentenced in $9M Syndicated Conservation Easement Tax Scheme
A New Jersey accountant has been sentenced to 24 months in prison for his role in the promotion and sale of abusive syndicated conservation easement tax shelters.
Taxes February 11, 2025
$1,928 is the Average Refund Amount So Far This Tax Season
Since the start of the 2025 tax filing season on Jan. 27, the IRS has issued 3.23 million refunds with an average refund amount of $1,928 as of Jan. 31, the agency said last week.
Taxes February 11, 2025
Ford CEO: Inflation Reduction Act Tax Credit Repeals Could Risk Jobs
Ford Motor Co. CEO Jim Farley warned that if the federal government under President Trump repeals provisions of the Biden administration's Inflation Reduction Act like the electric vehicle battery production tax credits, the company could have to look at layoffs.
Taxes February 10, 2025
Trump Plans to Impose 25% Tariffs on Steel, Aluminum Imports
The president also said he would announce reciprocal tariffs this week on countries that tax U.S. imports, which would be enacted almost immediately after an announcement.
Income Tax February 10, 2025
IRS Income Tax Refund Schedule for 2025
This chart can help you estimate when you should get your 2025 income tax return, based on when you file and a few other easy factors.
Small Business February 7, 2025
Maryland Considers Adding Retail Delivery Fee
The fee would apply once per transaction even if the items are delivered in multiple shipments, so long as the purchase contains one item of tangible personal property subject to Maryland sales tax.
Small Business February 7, 2025
Tax Court Sides with IRS: Businesses Need to Prove Their Expense Deductions
If you’re a self-employed individual, you can deduct your “ordinary and necessary” business expenses, just like the corporate giants do. However, you’re also held to the same strict substantiation rules.
Small Business February 7, 2025
A Guide to Understanding Value-Added Tax (VAT)
If you plan to do business outside of the United States, you’ll need to understand value-added tax (VAT). It’s the most common consumption tax in the world.
Taxes February 7, 2025
Interpreter Who Stole Millions From Shohei Ohtani Gets 57 Months in Prison
Ippei Mizuhara, who stole nearly $17 million from the Los Angeles Dodgers superstar to cover debts, was ordered to pay nearly that sum in restitution to Ohtani and a little more than $1 million to the IRS.
Taxes February 7, 2025
2025 IRS Income Tax Refund Schedule – Estimate When You’ll Get Your Refund
If you found this article, you're probably expecting a refund and are starting to think about doing your taxes or going to a tax pro, or perhaps you just filed, and are curious how long you need to wait for that $$$.