Taxes February 13, 2026
Tax Court Slams Brakes on Charitable Deduction
The Tax Court immediately nixed the deduction because of the inadequate substantiation and the lack of any appraisal for high-income items.
March 8, 2023
The Top Property Tax Compliance Challenges
The research uncovered three consistent pain points among survey respondents. In this post, we’re highlighting the findings specific to enterprise-level companies.
Taxes March 8, 2023
How the Inflation Reduction Act Impacts Corporate AMT and Bonus Depreciation
The Inflation Reduction Act reintroduces the corporate AMT, but with major changes, and it only applies to certain corporations, but a company only needs to pass the book income test once to be subject to AMT.
Taxes March 7, 2023
IRS Warns of New W-2 Scams
The IRS is working with payroll companies and large employers to verify W-2 information in light of these scams.
Taxes March 6, 2023
What Business Owners Need to Know About Tax Repatriation
Here are some strategies you can use to avoid an oversized tax bill when bringing foreign earnings back stateside.
Taxes March 2, 2023
Senate Committee Approves Werfel Nomination to Head IRS
His nomination was approved by the committee on a 17-9 bipartisan vote. The full senate will now vote on his confirmation.
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 March 1, 2023
Average Tax Refund is Down 11% From Last Year, IRS Says
IRS statistics for the week ending Feb. 17 show the average refund is $3,140, down 11.2%, or $396, from last year.
Taxes March 1, 2023
The Tax Blotter – March 2023
Generally, small business owners who use their automobile for business driving are entitled to deduct expenses based on the vehicle’s use, but there are plenty of twists and turns along the way.
Accounting March 1, 2023
AICPA Proposes IRS FAQs Pertaining to 2022 Form 1040 Digital Asset Question
The proposed FAQs will allow taxpayers and practitioners to properly comply with the question and overall reporting requirements for digital assets.
Taxes February 28, 2023
Clerical Error Results in Wrong Tax Refunds for Hundreds of Iowans
Roughly 300 Iowans who had filed their 2022 federal tax returns did not receive the correct federal refund.
Taxes February 28, 2023
IRS Extends Tax Deadline in Three States to Oct. 16 for Taxpayers Impacted By Disasters
Disaster-area taxpayers in most of California and parts of Alabama and Georgia received tax filing and payment relief.
Taxes February 24, 2023
IRS Processing Tax Returns At a Quicker Rate Than Last Year
As of Feb. 3, the IRS said it has processed more than 16.7 million tax returns—29% more than in 2022.