Technology May 21, 2025
Filed automates the complete lifecycle of a tax return–from structuring diverse client documents to validating returns and proactively flagging anomalies based on firm-defined rules.
Accounting May 21, 2025
James J. Sirleaf, 65, of Darby, PA, pleaded guilty to 15 counts of aiding and assisting in the preparation of false income tax returns and three counts of filing false personal income tax returns for himself.
Technology May 20, 2025
The company is now rapidly expanding its reach, actively securing authorization across all U.S. states and major U.S. cities to offer truly nationwide filing.
May 19, 2025
The conference will deliver the latest information on the newest and proposed policy changes, latest rulings and regulations, and emerging trends impacting real estate and partnership taxation.
Taxes May 16, 2025
In a new case, an office mix-up authorizing the wrong FedEx service resulted in a missed tax deadline. The Tax Court addressed whether the “equitable tolling” doctrine grants the taxpayer a reprieve.
Taxes May 15, 2025
The Tax Counseling for the Elderly and Volunteer Income Tax Assistance grants allow eligible organizations to apply for annual funding to provide free federal tax return preparation assistance for up to three years.
Taxes May 14, 2025
Although damages paid due to physical injuries are tax-exempt, other payments for non-physical injuries are generally subject to tax. In this case, a man who claimed he was injured while he was incarcerated walked away with a split decision.
Taxes May 12, 2025
For individuals, the rate for overpayments and underpayments will be 7% per year, compounded daily, the IRS said on May 12.
Taxes May 12, 2025
The House Ways and Means Committee release of the tax measures, ahead of planned debate on the panel Tuesday, is a sign the Republican-controlled chamber is moving toward a floor vote this month on the legislation.
Taxes May 12, 2025
Under Internal Revenue Code Section 7526, the IRS awards matching grants to qualifying organizations to develop, expand, or maintain an LITC. Eligible organizations may request up to $200,000 for the 2026 grant year.
Taxes May 9, 2025
The House Ways and Means Committee on Friday night released a partial version of President Donald Trump’s tax proposal that calls for increasing the maximum child tax credit to $2,500 and raising the estate tax exemption to $15 million.
Taxes May 9, 2025
Rep. Nicole Malliotakis (R-NY) suggested she backs the GOP leadership proposal to increase the SALT cap to $30,000 from the current $10,000, even as other Republican lawmakers trashed it as a non-starter.