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
Webinar: What to Expect in the Upcoming Tax Season
Are you ready for the upcoming tax season? From updates to the Inflation Reduction Act to expanded e-filing requirements for businesses, our speakers will help you be informed and ready for the new year.
IRS Watches for Misclassified Independent Contractors, But There is a Safe Harbor Rule
An employer in danger of being assessed back taxes for certain workers may avoid liability if it qualifies for “Section 530 relief.”
IRS Gives Employers ‘A Way Out’ if They Filed an Improper ERC Claim
The IRS on Thursday offered steps small businesses can take to cancel their tax credit claim if they have doubts about its legitimacy.
Bloomberg Tax AI Lab Enables AI Functions for Bloomberg Tax Research
The new Bloomberg Tax AI Lab offers customers the option of testing new AI-driven tools, beginning with an enhanced search experience using AI functionality.
5 States with the Lowest Combined Business Taxes
When determining the lowest tax states, assess not only the tax rates but also the overall tax burden and incentives offered.
The 10 Trickiest States for Sales Tax Filing
For a variety of reasons, sales tax compliance in certain states takes more time and causes more headaches than sales tax compliance in others.
Taxpayer Interest in IRS’s Direct File Program May Have Been Exaggerated
Their willingness to use the Direct File program may be overstated because of the survey the IRS used to gauge their interest, TIGTA says.
IRS to Try Out Its Free E-Filing Tax Return Program in 13 States Next Year
The IRS on Tuesday unveiled more details about Direct File, the agency’s free online tax filing program that is debuting in 2024.