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.
Payroll January 18, 2025
Should You Actively Trade in a Roth IRA?
Day trading in a Roth IRA is perfectly legal, but it may not be financially wise.
Accounting January 29, 2025
Archived Webcast: New Year, New Legal Entity
Clients just starting out need insight on which legal structure to select for their business. Seasoned entrepreneurs may need insight as their company grows and the entity once selected may not be as advantageous as it once was. The New Year is an ideal time to get a refresh on business entity options for your…
IRS January 17, 2025
IRS Chief Danny Werfel to Resign on Jan. 20
Werfel took over as chief of the tax agency in March 2023 and is stepping down on Inauguration Day with more than two years left in his term.
Taxes January 17, 2025
Treasury Nominee Warns of ‘Devastating’ Consequences if Tax Cuts Lapse
Taxes and tariffs took center stage Thursday at a hearing for President-elect Donald Trump's intended Treasury secretary nominee Scott Bessent.
Taxes January 17, 2025
Sens. Rosen, Cruz Re-Introduce Bipartisan ‘No Tax on Tips’ Bill
During the election cycle, President-elect Donald Trump campaigned on the promise to eliminate taxes on tips—a policy he first introduced during a rally in Las Vegas.
Taxes January 17, 2025
Reconciliation Debate to Test ‘Tax Cuts for the Rich’ Narrative
Washington is poised once again to return to united Republican control, and the GOP is preparing to extend the Tax Cuts and Jobs Act paired with deep cuts to federal programs that lower-income households rely on, such as Medicaid.
Small Business January 16, 2025
Bipartisan Policy Center Offers Legislative Options for Small Business Growth
A new report from Goldman Sachs 10,000 Small Businesses Voices and the Bipartisan Policy Center offers an actionable playbook to help grow the U.S. economy by tackling the most pressing challenges faced by our nation’s small businesses.
Small Business January 16, 2025
Swap and Avalara Partner to Simplify Cross-Border Retail Sales
The integrated offering from Swap and Avalara reduces cross-border complexity and compliance risk and ensures duties, taxes, and fees are paid at checkpoints to improve cart conversion in more marketplaces.
Taxes January 16, 2025
IRS to Pilot Changes to Alternative Dispute Resolution Programs
The initiative focuses on changes to the existing Fast-Track Settlement (FTS) and Post-Appeals Mediation programs, and introduces a third pilot, Last Chance FTS.
Taxes January 16, 2025
Trump Creating New ‘External Revenue Service’ to Collect Money From Foreign Sources
The new agency, which Trump announced on Truth Social, will collect the proceeds from tariffs and other revenue from foreign countries.
Taxes January 16, 2025
Democrats Say Treasury Nominee Scott Bessent Avoided Medicare Tax on Hedge Fund Earnings
Senate Democrats are gearing up for a fight against Scott Bessent, President-elect Donald Trump's pick for Treasury secretary, with questions about his fitness to hold the office based on a review of his tax returns.
Taxes January 16, 2025
What’s at Stake as House GOP, Dems Debate Extending Trump Tax Cuts
There's less than a week before President-elect Donald Trump begins his second term, and congressional Republicans are already working to preserve one of his signature policies.