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 March 7, 2025
Can a U.S. Tax Court Decision Be Appealed?
Even though the Tax Court is commonly thought of as the forum of last resort for appealing tax bills and other IRS issues, there is a way to appeal a Tax Court ruling. However, the chances of success of these appeals are often relatively low.
Taxes March 6, 2025
AICPA Issues Guidance for Reporting on Stablecoins
These criteria provide a framework to stablecoin issuers for presenting and disclosing information related to the tokens they issue.
Payroll March 5, 2025
NATP Offers Job Resource For Tax Pros Affected By IRS Layoffs
The National Association of Tax Professionals said it's trying to bridge the gap between recently displaced IRS workers and tax and accounting firms in need of skilled professionals.
Accounting March 5, 2025
N.J. Accounting Professor Sentenced to Prison For Tax Evasion
Gordian A. Ndubizu was sentenced to two years in prison after being convicted on Aug. 15 of four counts of tax evasion and four counts of filing false tax returns in tax years 2014 through 2017.
Taxes March 4, 2025
W-2 and 1095-A Forms Added to IRS Individual Online Account Tool
The IRS said Feb. 27 that it's adding the two information return documents to its IRS Individual Online Account tool, which the agency said will consolidate important tax records into one digital location.
Taxes March 4, 2025
Latest IRS Numbers Show Tax Refund Amounts Are Up
The IRS reports the average tax refund in 2025 is up $240 through the week ending Feb. 21, with more than 42 million returns processed so far.
IRS March 3, 2025
Trump Administration Shutters Technology Office 18F Which Helped Build IRS Direct File
Dismissal notices went out Saturday to about 85 employees of 18F, a federal agency that works on improving government technology—effectively shutting down an office hailed a decade ago as Uncle Sam’s new tech startup.
Small Business March 2, 2025
Treasury Department Suspends Enforcement of BOI and Corporate Transparency Act
The Treasury Department announced March 2 that it will no longer enforce the Corporate Transparency Act or the associated beneficial ownership information reporting requirements.
Taxes February 28, 2025
Over 100 IRS Taxpayer Assistance Centers’ Futures Are in Doubt After Tax Season
More than 100 IRS offices that host taxpayer assistance centers appear to be on the chopping block as the Trump administration continues efforts to cut waste from the federal government. But any closures likely won't take place until after tax season.
Taxes February 28, 2025
Florida Man Guilty of Promoting Illegal Tax Shelter and Stealing Client Funds
A Florida man pleaded guilty today to orchestrating a nearly decade-long scheme to promote an illegal tax shelter and commit wire fraud. He also pleaded guilty to assisting in the preparation of false tax returns for tax shelter clients.
Taxes February 28, 2025
The Dirty Dozen IRS Tax Scams to Watch for in 2025
Each year, the Internal Revenue Service puts together a Dirty Dozen list warning taxpayers, businesses, and tax professionals of tax scams to watch out for, and common schemes that threaten their tax and financial information.
Taxes February 26, 2025
IRS Says Contractor Leaked 400,000 Tax Returns, Nearly 6 Times More Than Previously Reported
The tax data was stolen and leaked to the media by Charles Littlejohn, a former government contractor who was convicted and sentenced last year to five years in prison.