Taxes July 8, 2026
Sens. Elizabeth Warren, Chuck Schumer, and Ron Wyden are investigating a government agreement barring past tax probes of President Donald Trump and his businesses, saying they want to determine whether the deal also protects companies affiliated with his family.
Taxes March 10, 2023
The new case involves a complex series of transactions where three brothers intermingled their business and personal interests.
Taxes March 9, 2023
The new deadline of Oct. 16 applies to California and federal individual and business tax returns and payments.
Taxes March 8, 2023
The Inflation Reduction Act reintroduces the corporate AMT, but with major changes, and it only applies to certain corporations, but a company only needs to pass the book income test once to be subject to AMT.
Accounting March 7, 2023
Although the most significant advantage is the limited liability protection it provides its shareholders, the S Corp election also avoids the double taxation incurred by C Corps.
Accounting March 6, 2023
Beginning in 2027, for calendar year taxpayers, a public company’s covered employees will include Current Law Covered Employees as well as the next five highest paid employees.
Taxes March 2, 2023
His nomination was approved by the committee on a 17-9 bipartisan vote. The full senate will now vote on his confirmation.
Digital Currency March 1, 2023
Nishad Singh, the former head of engineering at FTX, pleaded guilty to wire fraud and several other charges.
Taxes March 1, 2023
IRS statistics for the week ending Feb. 17 show the average refund is $3,140, down 11.2%, or $396, from last year.
Accounting March 1, 2023
AICPA News is a roundup of recent announcements from the American Institute of CPAs.
Taxes March 1, 2023
Generally, small business owners who use their automobile for business driving are entitled to deduct expenses based on the vehicle’s use, but there are plenty of twists and turns along the way.
Taxes February 28, 2023
Just 49% of workers know about the credit, which can help them save for retirement and lower their taxes, a survey found.
Taxes February 28, 2023
Roughly 300 Iowans who had filed their 2022 federal tax returns did not receive the correct federal refund.