Accounting March 22, 2023
Texas Close to Allowing CPA Candidates to Test with 120 Credits
The bill, passed by the Texas Senate on Tuesday, now advances to the Texas House of Representatives for a vote.
Taxes March 21, 2023
IRS, Treasury Let U.S. Semiconductor Chip Makers Know How to Claim Tax Credit
Tax incentive looks to boost the making of semiconductors and semiconductor manufacturing equipment in the U.S.
Accounting March 16, 2023
FASB Sets Out Plan to Improve Income Tax Disclosures
The proposed ASU addresses investor requests for more transparency about income tax information.
Taxes March 15, 2023
IRS Bolsters Digital Scanning Abilities
The IRS has scanned more than 120,000 paper forms 940 since the start of this year as part of its new Digital Intake initiative.
Taxes March 14, 2023
Here is What Daniel Werfel Said to IRS Employees During His First Day as Commissioner
Werfel was sworn in Monday as the 50th commissioner in the history of the IRS.
Payroll March 14, 2023
Gusto Helps Clients Navigate Silicon Valley Bank Mess
The HR and payroll company has created a resource hub for customers that used the failed bank to fund payroll.
Taxes March 10, 2023
Ex-IRS Chief Says He Is Confident Daniel Werfel Will Do Well as Agency’s New Leader
“He’s extremely well-suited for his current assignment,” Mark Everson, IRS commissioner from 2003-07, said about Werfel.
Taxes March 9, 2023
Senate Confirms Daniel Werfel as Next IRS Chief
The Senate voted 54-42 to confirm Werfel, a former acting IRS commissioner under the Obama administration.
Taxes March 1, 2023
IRS Criminal Investigation is Asking Taxpayers to Slam the Next Scam
During National Consumer Protection Week, March 5-11, IRS-CI will share information on its social media about tax scams.
Taxes February 21, 2023
IRS and Treasury Finalize E-Filing Rules for Businesses
The final regulations reflect changes made by the Taxpayer First Act that strengthen e-filing requirements.
Taxes February 21, 2023
IRS: Taxpayers Can Now Upload Documents for These 9 Notices
Taxpayers receiving these notices can respond securely to the IRS online, even if they don't have an IRS online account.
Taxes February 21, 2023
IRS and Treasury Issue Guidance for Insurers on Corporate AMT
The CAMT imposes a 15% minimum tax on the adjusted financial statement income of large companies starting in 2023.
Contributors
Amy Vetter
CPA, CITP, CGMA
Becky Livingston
Accounting & AI Marketing Consultant
Brian Tankersley
CPA, CITP, CGMA
Garrett Wagner
CPA, CITP, CEO and Founder of C3 Evolution Group
Jim Boomer
CPA, CITP, CEO
Ken Berry, JD
CPA Practice Advisor Tax Correspondent
Kristy Short, Ed.D.
Accounting Content Specialist
Mary Girsch-Bock
Contributing Writer
Randy Johnston
MCS, MCP
Roman Kepczyk
CPA, CITP, CGMA
