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 3, 2023
Changes to Tax Credits and Deductions Could Mean Smaller Refunds or Higher Taxes in 2023
Certain tax credits for children and dependents have been reduced, and the charitable deduction some taxpayers took advantage of during the pandemic years is no longer so easy to claim.
Taxes February 3, 2023
R&D Tax Credit Misconceptions and Guidelines
With all the benefits of the R&D Tax Credit, some are looking for clarification on the best the procedures for acquiring the credit and applying it.
Taxes February 3, 2023
Georgia Tax Preparer Pleads Guilty to Federal Tax Fraud Charges
Nadine Word submitted false claims for tax credits for her clients and also failed to pay her own personal taxes.
Payroll February 3, 2023
How to take advantage of ’10-Year Averaging’ in New Retirement Tax Rules
A taxpayer may qualify for “ten-year averaging” when they receive a lump-sum distribution (LSD) from a qualified plan.
Taxes February 2, 2023
Biden Vows to Veto GOP Plan to Abolish the IRS
The president also would veto bill by House Republicans to replace current tax system with a flat consumer tax.
Taxes February 2, 2023
Tax Season Got Off to a Rough Start in Oregon
The Oregon Department of Revenue sent personal tax refund info for 5,000 taxpayers to the wrong address.
February 2, 2023
Outsourcing is a Tool Being Used More by Corporate Tax Executives
83% of chief tax officers are planning to use outsourcing, cosourcing, or managed service alliances this year.
February 1, 2023
From RMDs to Student Debt, SECURE 2.0 Offers a Lot
While the law contains nearly one-hundred new retirement provisions, following is a summary of some of the most notable changes ...
Taxes January 31, 2023
Ex-IRS Employee Found Guilty of Fraud and Identity Theft
As a preparer, Deena Vang Lee put false information on clients’ returns without their consent.
Taxes January 27, 2023
6 SECURE Act 2.0 Changes to Plan for in 2023
With the act containing upward of 100 new retirement provisions, here are six of the most notable changes taking effect this year.
Taxes January 27, 2023
Highlights of SECURE Act 2.0 for Individuals
SECURE Act 2.0 includes numerous significant provisions affecting individual retirement savers. Following is a brief roundup of several key changes.
Taxes January 25, 2023
IRS Opens Free Online Portal for Businesses to File 1099 Forms
The Information Returns Intake System is expected to reduce the amount of paper Forms 1099 filed in 2023.