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 December 10, 2024
IRS: $53 Million in TCE and VITA Grants Awarded for 2025
The agency awarded grants to 41 Tax Counseling for the Elderly and 315 Volunteer Income Tax Assistance applicants.
Taxes December 7, 2024
Corvee to Launch Professional Tax Prep System Under Its ‘Instead’ Brand
Corvee, the makers of one of the most advanced tax planning and strategy platforms in the U.S., has announced it will soon launch a new professional tax preparation system.
Taxes December 6, 2024
IRS-CI Releases Its FY 2024 Highlight Reel
IRS-CI initiated more than 2,667 criminal investigations, obtained 1,571 convictions, and reclaimed its 90% conviction rate in FY24.
Sales Tax December 6, 2024
Sovos Handled Taxes on Nearly 300 Million Transactions During Black Friday and Cyber Monday
Sovos achieved record-breaking performance during this year’s Black Friday and Cyber Monday shopping events.
Financial Reporting December 5, 2024
Federal Court Blocks Enforcement of Corporate Transparency Act and BOI
A new federal law that would require most LLCs, corporations and partnerships to file disclosures with the Treasury Department, including Beneficial Ownership Information, has been halted by a Texas federal judge.
Taxes December 5, 2024
Trump Names Former Congressman Billy Long to be IRS Commissioner
The current IRS commissioner, Danny Werfel, has said that he intends to fulfill his term, which is slated to end on Nov. 12, 2027.
Taxes December 4, 2024
Opinion: Donald Trump Promised to Raise Taxes, But Biden and Congress Could Tie His Hands
The Biden administration and the current Congress should consider scaling back Trump's power to unilaterally enact tariffs.
Taxes December 4, 2024
MS Consultants Acquires Software Company Tax Credit Hero for Specialty Tax Credit Services
The Tax Credit Hero platform easily connects customers with automated solutions that work to amass specialty R&D tax credits and incentives to provide cost savings for businesses.
Taxes December 4, 2024
Trump’s Treasury Pick to Meet John Thune, Other Key Senators on Confirmation
Scott Bessent's nomination hasn't aroused public opposition from GOP senators like some of Donald Trump's other picks.
Taxes December 3, 2024
IRS Extends Deadline for Third-Party Payers to Resolve Incorrect ERC Claims
The IRS has extended the deadline for payroll companies and third-party payers to file a supplemental claim for their clients until Dec. 31.
Sales Tax December 3, 2024
Thinking Twice About Sales Tax Holidays
State politicians love to proclaim temporary tax respites, but they rarely achieve their stated objective of boosting economic activity.
Taxes December 3, 2024
Will the New GOP-Controlled Congress Give Parents a Bigger Tax Break?
Republicans and Democrats alike are eager to boost the child tax credit, but they've had trouble agreeing on the details.