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
IRS Updates FSA Amounts for 2024
Starting next year, employees can contribute up to $3,200 tax-free to a flexible spending account through payroll deduction.
Hunter Biden Charged with Tax Crimes in Los Angeles
Biden is accused of failing to pay his taxes on time from 2016 to 2019, filing false and fraudulent tax returns in 2018, and tax evasion.
Decoding the Difference: Tax Planning vs. Advisory
Let’s talk through how these two functions differ, and how you as a tax professional can better define them for your clients to create additional revenue streams.
3,000+ Accounting and Tax Pros Earn CPE During Largest Free Streaming Conference
Over two days and 14 one-hour sessions, the profession's top thought leaders served on panel discussions of a variety of subject areas related to tax, accounting, practice management and ethics.
CPA Indicted for $800,000 in Tax Fraud, Claiming Fake Foster Child as Dependent
Jack Lee Oliver of Rivesville, WV, used a foster child he never met to inflate his tax refund, according to the Justice Department.
IRS Shoots Down Rumors of More Stimulus Checks
The IRS has no plans to send a fourth round of stimulus checks, despite claims made in a series of widely-shared social media posts.
Billionaire Tax Rests on a Disputed $14,729 Tax Refund at the U.S. Supreme Court
Democratic dreams of imposing a wealth tax on the richest Americans risk being snuffed out by a dispute over a $14,729 bill.
House Ways and Means Backs Release of Hunter Biden Tax Probe Information
After IRS agents testify, the House tax-writing panel voted to make public documents and transcripts provided by the agents.