Taxes April 22, 2026
The tax agency on April 17 issued a Whistleblower Alert, a new way for the IRS to spotlight high-risk areas and reach people who may have direct knowledge of noncompliance.
April 21, 2026
April 21, 2026
Taxes February 20, 2025
To avoid mistakes and potential processing delays, taxpayers should refrain from filing until they have received all necessary tax documents. Taxpayers should always carefully review documents for inaccuracies or missing information.
Taxes February 20, 2025
No one can say with certainty but lawmakers are hopeful that the partisan bickering that's dominated Washington debate will subside on the disaster tax relief issue.
Taxes February 19, 2025
As it has become a more common asset among your average investors, these folks have had many questions about the tax implications of investing in cryptocurrency, or virtual currency, as it is also known. The answers can be somewhat complicated.
Taxes February 19, 2025
The quarter percent federal excise tax, also known as the handle tax, "does nothing except penalize legal gaming operators for creating thousands of jobs," said U.S. Rep. Dina Titus, D-Las Vegas.
Taxes February 18, 2025
A refund has the potential to make a serious dent. The average refund amount in 2024 was $3,138, according to the IRS. But is paying down debt the best way to spend that money?
Taxes February 17, 2025
Secretary of Defense Pete Hegseth accused former President Joe Biden’s administration of rushing an IRS audit into him in a post to social media platform X on Monday.
Taxes February 16, 2025
Updated Feb. 16, 2025. Tax season has just begun, but it may be about to get more difficult for taxpayers and tax preparers such as CPAs and accountants. The move could also delay income tax refunds. The IRS started accepting income tax returns on January 27, 2025, which means tax filing season is officially upon...…
Taxes February 16, 2025
According to ABC News and the Associated Press, up to 15,000 workers at the Internal Revenue Service could be laid off from their positions in the next week.
Taxes February 15, 2025
The CPA Practice Advisor Weekly Tax News Roundup is a weekly recap of tax-related news from the past week. From IRS news and tax court cases, to state, SALT, legislation and other related areas, the roundup can help you catch-up on recent changes. === Let us know if you like this new feature using the...…
Taxes February 14, 2025
Data released on Feb. 14 by the IRS shows the average refund is coming in at $2.065, up from $1,741 in 2024.
AICPA February 14, 2025
As taxpayers navigate the challenges of tax season, the American Institute of CPAs (AICPA) is identifying areas individual filers to be aware of for this filing season.
Taxes February 13, 2025
With cryptocurrency's increase in popularity, the IRS has introduced some complicated reporting requirements to ensure compliance with U.S. tax laws.