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.
Small Business October 9, 2024
Maine Nonprofits Get Blanket Sales Tax Exemption
As of January 1, 2025, thousands of nonprofits in Maine will be eligible for a blanket exemption.
Technology October 9, 2024
The Future of Tax: How Corporations Can Leverage New Technology for Tax Efficiency
Digitalization is reshaping the way tax is collected, paid, and managed. According to the survey, 90% of respondents reported seeing progress being made towards digital streamlining and automation in tax processes.
IRS October 8, 2024
Treasury, IRS Issue Guidance on Long-Term, Part-Time Employees in 403(b) Plans
In addition, the Treasury Department and the IRS announced a delayed applicability date for related final 401(k) regulations.
Taxes October 8, 2024
Wolters Kluwer Provides Insights Into 2024 Natural Disaster Tax Relief Options
Crucial tax relief opportunities may be available to those affected by recent natural disasters, such as Hurricane Helene.
Taxes October 8, 2024
IRS Proposes Regs to Exempt Tribal-Owned Companies From Income Tax
During discussions with Treasury, tribes had requested rules on the federal tax classification of entities owned by tribes.
Taxes October 8, 2024
An Opportunity to Get Opportunity Zones Right
Known to benefit real estate developers, here’s how to redeploy these tax incentives to grow new businesses and boost employment.
Taxes October 7, 2024
IRS Issues Final Regs Adding Some Conservation Easements to Abusive Transactions List
Syndicated conservation easements have been included in the IRS’s annual list of Dirty Dozen tax schemes for many years.
Taxes October 7, 2024
IRS Announces Tax Relief For Wildfire Victims in Parts of Washington
Federal officials have announced tax relief for people and businesses in the Yakama Nation affected by wildfires that began June 22.
Taxes October 7, 2024
How States Use Tax Credits to Fund Private School Choice
Tax-credit scholarships are the most common type of private school program. Here is an explainer about what they are.
Taxes October 4, 2024
IRS Expands Free File to 24 States
For the 2025 tax filing season, eligible taxpayers in 24 states will be able to use Direct File: 12 states that were part of the pilot last year, plus 12 new states where Direct File will be available in the upcoming filing season.
Taxes October 4, 2024
IT Best Practices Checklist to Follow IRS Guidelines When Offshoring Accounting Staff
Firms must consider tax compliance when offshoring accounting staff. The IRS has issued several guidelines and regulations that affect the tax implications of offshoring accounting activities.
Accounting October 3, 2024
Avalara Announces New AI-based Tariff Code Classification Solution
Automated Tariff Code Classification is a cost-effective solution that helps supply chain and logistics providers, e-retailers, and global marketplaces calculate customs and duty taxes and ...