Taxes February 12, 2026
Senate Votes to Overturn D.C. Tax Decoupling, as Locals Push Back
The Senate passed a joint resolution on Thursday blocking changes to the District of Columbia’s tax code, which will now head to President Donald Trump’s desk.
Payroll May 31, 2024
Ex-IRS Officer Among Six People Going to Jail for COVID-19 Fraud Scheme
Frank Mosely, who also worked as a tax enforcement officer in Oakland, CA, was sentenced to two and a half years in prison for PPP fraud.
Taxes May 30, 2024
IRS to Expand Free Tax-Filing Service to More Taxpayers in 2025
After a trial run in 12 states this tax season, the IRS said on May 30 its Direct File program will be made available to all 50 states next year.
Benefits May 30, 2024
A Fourth Round of Stimulus Checks Is Not Coming to Senior Citizens
Misinformation about a fourth stimulus check being sent to senior citizens and the disabled has been circulating online for many months.
Taxes May 29, 2024
IRS Proposal Lays Out Requirements for Clean Electricity Tax Credits
The proposed rules explain how eligible facilities can qualify for tech-neutral clean electricity credits under the Inflation Reduction Act.
Taxes May 29, 2024
Is An IRS Change In Slot Machine Jackpot Thresholds Really Coming?
The IRS Advisory Council recently recommended that the threshold figure should be raised from $1,200 to $5,800.
Taxes May 28, 2024
Intuit’s TurboTax Lost 1 Million Free Users This Tax Season
Ten million people used TurboTax for free this year to file their taxes, a drop of about 1 million from a year ago, Intuit said.
Taxes May 28, 2024
Expat Taxpayers Face June 17 Deadline for 2023 Filing
This deadline applies to both U.S. citizens and resident aliens abroad, including those with dual citizenship.
Taxes June 25, 2024
Tax In Motion 2024 Federal Tax Forum – June 25-26, 2024
Join RSM's highly anticipated two-day federal tax forum for comprehensive sessions covering crucial updates in federal tax regulations and practices.
Taxes May 24, 2024
Tax Court: No Tax Exemption for This Legal Settlement
The taxpayer failed to report any of the $700,000 payment as taxable income on his return. So the IRS stepped in and the case ended up in the Tax Court.
Firm Management May 23, 2024
4 Steps to Post-Tax Season Success
Taking strategic steps now, when everything has slowed down a bit, will alleviate so much stress next season.
Taxes May 22, 2024
IRS Extends Free File Program Through 2029
The five-year extension agreement between the IRS and Free File Inc. will continue the program through October 2029.
Taxes May 21, 2024
Tax Professionals Should Use the Most Current Version of OIC Booklet, IRS Says
The most recent version of Form 656-B, Offer in Compromise Booklet, was released by the IRS in April.