Taxes November 5, 2026
IRS Adjusts Tax Brackets, Standard Deduction for Tax Year 2027
The IRS has released the tax year 2027 annual inflation adjustments for nearly 70 tax provisions.
Small Business February 3, 2025
Taxes for Gig Workers: Survey Shows Many Are Unprepared for Lower 1099-K Reporting Threshold
More than 20% of respondents plan to pay a tax professional for the first time as a result of 1099-K reporting changes and complexity.
Taxes February 3, 2025
The Biggest Tax Credit Many People Miss: The EITC
One in five eligible taxpayers don’t claim this credit worth up to $7,830.
Taxes January 31, 2025
Top 10 States Whose Residents Are Most Eager for Their Tax Refund
A new study from LLC.org has found that tax refund anticipation is particularly pronounced in southern states, many of which have the lowest median household incomes in the U.S.
Taxes January 31, 2025
AICPA Asks IRS to Lessen Burden on Tax-Exempt Organizations in Foreign Filing Process
In a letter submitted to the IRS on Jan. 27, the AICPA requested that the tax agency and the Treasury Department provide exemptions to, or streamlined reporting for, certain foreign filings required by exempt organizations.
Accounting January 29, 2025
Technology Solutions for FASB ASU 2023-09 Compliance
Three ways tax provision software can help organizations comply with FASB's standard on income tax disclosure requirements and five key factors to consider when choosing a solution.
Taxes January 28, 2025
TIGTA Alerts Taxpayers of New Tax Season Text Message Scam
Scammers impersonating the IRS are texting taxpayers leading them to believe they're going to receive an economic impact payment, also known as a recovery rebate credit, but it's a scheme to steal their personal data, TIGTA said on Jan. 28.
Taxes January 27, 2025
What Should You Do If You Suspect Your Tax Preparer Is Being Investigated by the IRS?
The following is a detailed look at why your preparer's legal troubles place you at risk, what signs might indicate they are under scrutiny, and which immediate steps you can take to protect yourself from civil and criminal tax exposure.
Taxes January 27, 2025
Cutting Services or Raising Taxes: State Lawmakers Weigh How to Fill Big Budget Gaps
Leaders of several states are proposing cutting social programs such as child care, victim services and Medicaid, or raising taxes on cigarettes, spirits or households with the highest incomes, to balance state budgets.
Taxes January 27, 2025
Trump Touts Proposal to End Taxes on Tips During Las Vegas Visit
The pledge to end taxes on tipped income, first introduced over the summer at a rally in service industry-reliant Las Vegas, became a key pitch in his winning presidential campaign.
Taxes January 21, 2025
Now That Trump is Back in Office, Here’s What to Expect for Your Taxes in 2025 and Beyond
With President Donald Trump back in the White House for a second term, Americans can expect to see major tax law changes in the years ahead.
Taxes January 21, 2025
Miami Lobbyist Charged with $600K Tax Evasion, Feds Say
Both Eston Melton and his wife, who once worked as a secretary at Miami-Dade County Hall, are registered as lobbyists with the county.
Taxes January 21, 2025
IRS Probes Financial Firm That Was Focus of Pandora Papers Investigation
The tax agency has launched a probe into whether financial services firm Trident Trust Group helped well-heeled Americans evade taxes.