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
Tax Interest Rates to Stay the Same in Q1 2024, IRS Says
Beginning on Jan. 1, the rate for overpayments and underpayments for individuals will be 8% per year, compounded daily.
IRS Pressed to Crack Down on Wealthy Tax Cheats in Puerto Rico
Lawmakers are asking the IRS to accelerate an investigation into rich Americans seeking lucrative tax breaks in Puerto Rico.
Proposed IRS Regs Would Remove Deductions for Some Syndicated Conservation Easements by Pass-Throughs
Syndicated conservation easements have been included in the IRS' annual list of Dirty Dozen tax schemes for many years.
Tax Transformation is Integral to Broader Business Modernization
Tax transformation will play an outsized role for businesses in their broader technology modernization efforts...
Marcum Offers 2023 Year-End Tax Guide
Marcum's guide anticipates various scenarios to help its readers develop adaptable and effective taxpayer strategies, including those in unique situations.
AICPA Honors 3 Tax Experts with Dixon and Horn Awards
These recipients have stood apart from their peers throughout their careers and contributed valuable expertise to further strengthen the profession.
New House Speaker Johnson May Be Open to SALT Relief
Some Republicans with votes crucial to Mike Johnson becoming House speaker say they were told he would look into the matter.
TIGTA: IRS’s Decision to Destroy 30 Million Paper Returns Was ‘Reasonable’
The agency's actions, which were reported by TIGTA in May 2022, drew scrutiny from lawmakers and tax professionals.