Accounting February 19, 2026
Voting Opens for 2026 Readers’ Choice Awards!
Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.
Taxes July 11, 2025
Gambling Tax Repeal Bill Blocked in Senate
Nevada Democratic Sen. Catherine Cortez Masto sought to reverse the cut in losses deduction that was included in the One Big Beautiful Bill Act, but she ran into objections from some Republicans.
Taxes July 10, 2025
IRS Eliminates 83 Pieces of Obsolete Guidance
The IRS has nixed 83 pieces of older guidance considered obsolete as part of the Trump administration's push to reduce regulations that are considered burdensome, outdated, expensive, or unnecessary.
Taxes July 10, 2025
The Tax Blotter – OBBBA – July 2025
The new tax law—known as the “One Big Beautiful Bill Act” (OBBBA)—generally extends the current rules for mortgage interest deductions, with certain modifications.
Taxes July 9, 2025
What is the Johnson Amendment, and Why is it at the Center of an IRS Court Filing?
A new court filing reinterprets a longstanding tax law, signaling that houses of worship may now be able to endorse political candidates without losing their tax-exempt status as nonprofit organizations.
Taxes July 9, 2025
Ohio Lawmaker Introduces Bill to Save IRS Direct File From Termination
U.S. Rep. Emilia Sykes (D-OH) introduced legislation on July 9 called the “Get Your Money Back Act" to secure the future of the Direct File tax filing program and require that all states make it available to their residents.
Taxes July 9, 2025
What CPAs Should Know About the Return of 100% Bonus Depreciation in 2025
Whether your clients are investing in commercial buildings, launching new ventures, or improving existing properties, this update creates fresh opportunities for accelerated deductions.
Sales Tax July 9, 2025
Avalara Embeds AI-Powered Assistant Into Avalara Tax Research
Avi for Tax Research empowers tax and trade professionals by providing immediate, reliable, and comprehensive answers, allowing them to identify, analyze, and apply complex tax laws effortlessly and at the speed of commerce.
Taxes July 8, 2025
Here’s Why the One Big Beautiful Bill Act Won’t Really End Social Security Tax
After the bill was signed by President Trump, millions of Americans received notice from the Social Security Administration saying they no longer will have to pay taxes on Social Security benefits. The problem is, that’s not entirely accurate.
IRS July 8, 2025
IRS Spotlights New Scams Impacting Tax Pros During ‘Protect Your Clients; Protect Yourself’ Campaign
Now in its 10th year, the campaign is part of a larger effort by the Security Summit coalition—which includes the IRS, state tax agencies, and the nation’s tax community—to help practitioners combat tax-related identity theft.
Taxes July 8, 2025
Trump Orders Treasury to Set New Rules to Restrict Wind and Solar Tax Credits
In an executive order signed on July 7, President Donald Trump instructed the Treasury Department to strictly enforce the termination of the clean energy production and investment tax credits in the tax code for wind and solar facilities.
Taxes July 7, 2025
What GenAI Means for the Future of Tax Work
From flagging regulatory risks to modeling tax scenarios in real time, GenAI is changing the expectations around what’s possible—and what’s expected—in tax planning and compliance.
Taxes July 4, 2025
President Signs Sweeping Tax and Spending Bill Into Law
President Donald Trump held an outdoor signing ceremony at the White House on Friday, formally enacting a major tax and spending bill that passed through the Senate and House earlier in the week.