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.
Taxes January 13, 2025
SALT Deduction Cap Talks with Trump ‘Positive,’ Lawmakers Say
The main focus of the face-to-face meeting was the $10,000 cap on the so-called SALT deduction that was a signature feature of Trump’s 2017 tax cut bill, set to expire for tax years after 2025. The group wants to see the cap raised or even eliminated.
Taxes January 11, 2025
FTC Requires H&R Block to Pay $7 Million and Change Advertising and Service Practices
The FTC charged that H&R Block unfairly required consumers seeking to downgrade to a cheaper H&R Block product to contact customer service, unfairly deleted users’ previously entered data and made deceptive claims about “free” tax filing.
Taxes January 10, 2025
IRS Postpones Tax Deadlines Until Oct. 15 for Victims of Los Angeles County Wildfires
Currently, only individuals and households that reside or have a business in Los Angeles County qualify for tax relief. However, the same relief will be offered to any counties designated by FEMA in the coming days or weeks.
Taxes January 10, 2025
2025 Filing Season to Start Jan. 27, IRS Says
The IRS expects more than 140 million individual tax returns to be filed ahead of the April 15 federal deadline, with more than half of all tax returns filed this year with the assistance of a tax professional.
Taxes January 9, 2025
2025 Tax Refunds: When Can You Get Your Refund? Date Estimate
Everybody hates the IRS, but many of us love getting a tax refund! Find out when you can expect to get your refund if you file early. Even without a refund loan, you can usually get your refund in 2-3 weeks.
Taxes January 8, 2025
IRS Free File System Opens Jan. 10, Allowing Some to Pre-File Tax Returns
The early availability of the IRS Free File online systems will allow taxpayers to prepare and file their returns before the IRS officially starts accepting them, but they will then be already electronically in line when processing begins.
Taxes January 8, 2025
Taxpayer Advocate: IRS Has Improved Taxpayer Services, But Delays in ERC Claims and Identity Theft Assistance Still a Concern
In her latest annual report to Congress, National Taxpayer Advocate Erin Collins praised the IRS for a much-improved taxpayer experience but also highlighted several ongoing challenges at the tax agency.
Taxes January 8, 2025
Mid-Market CEOs Worried About Financial Impact of Trump’s Tariffs, Survey Finds
However, optimism about the business environment is rising among middle-market CEOs, with tax policies getting a mixed reaction, according to the latest survey from top 15 accounting firm CBIZ and Hofstra University.
Taxes January 8, 2025
Opinion: 3 Ways More IRS Cuts Under Trump Could Hurt the Economy
Donald Trump's election with Republican majorities in Congress likely means less funding for tax enforcement. That will hurt economic productivity and efficiency.
Taxes January 8, 2025
Opinion: The Case for Killing the Tax Credit for Electric Vehicles
It's ineffective at shaping behavior, and it primarily benefits the wealthy while needlessly adding to the deficit. EVs aren't even good at curbing climate change, and the credit could be stifling better alternatives.
Payroll January 8, 2025
California CEO Pleads Guilty to Employment Tax Crimes
In total, John Comeau caused a tax loss to the IRS of approximately $1,150,000. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.
Taxes January 8, 2025
Pat Ryan Calls for Bipartisan SALT Talks with Trump at Mar-a-Lago
The New York Democratic congressman said on Jan. 7 that he has urged President-elect Donald Trump to include Democrats in upcoming Mar-a-Lago negotiations on eliminating a cap on a federal tax program.