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.
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
Ex-IRS Clerk Pleads Guilty in Death of Co-Worker
Margarita Aispuro-Camacho faces a maximum of 20 years in prison and a $1 million fine.
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.
Accounting February 21, 2023
Accounting Thought Leaders Discuss Future of the Profession, Advisory Services, and Tax
Accounting thought leaders convened in New York City Feb. 20-22, 2023, for CPA Practice Advisor's 13th annual Accounting Thought Leader Symposium.
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.
Taxes February 17, 2023
Tax Season Best Practices to Avoid Identity Fraud – 2023
To fight identity fraud and cybercrime, tax preparers and filers must collaborate and adopt effective methods to secure their data and financial resources.
Taxes February 16, 2023
AICPA Wants Congress to Extend Sec. 174 R&E Expensing, Other Expired Tax Provisions
The AICPA supports the deferral of IRC Section 174 amortization requirement of the research and experimental expenditures and requests that Congress retroactively extend the effective date to ...
Sales Tax February 16, 2023
VARC Solutions Helps Clients Outsource Sales Tax Compliance
Initially focusing on bookkeeping and payroll services, VARC Solutions has expanded to offer fully outsourced business management, payment processing, invoice management, consulting, implementation, and training.
Payroll February 15, 2023
IRS Makes Minor Changes to 2023 W-4 Form
If you know Form W-4 like the back of your hand, knowing these 2023 changes should be enough to close out this article and go about your day.
Accounting February 15, 2023
Retail Sales Increased in January
The U.S. Census Bureau reported that overall retail sales in January were up 3% from December and up 6.4% year over year. In December, sales were down 1.1% month over month but up 5.9% year over year.
Taxes February 15, 2023
New Guidance for IRS Solar Tax Credit Program for Low Income Communities
This guidance applies to owners of certain solar and wind facilities placed in service in connection with low-income communities that are eligible for the section 48 energy investment credit.
Taxes February 15, 2023
Changes Coming to IRS Compliance Assurance Process Program
The CAP program began in 2005 as a way to resolve tax issues through open, cooperative and transparent interactions between the IRS and taxpayers before the filing of a return.