Accounting Firms Should Think Twice About Leasing Solar Panels
KPMG Study Reveals Surprising Plan for ESG Spending by Companies
French Companies Trade U.S. Tax Credits to Spur Renewable Projects
Patriot Software to Host Webinar on 401(k) Benefits
AICPA Says FBAR Deadline Should Match Disaster Relief Deadline Extensions
The AICPA recommends that FinCEN adopt a policy of automatically granting FBAR filing postponements to coincide with the relief provided by the IRS when the IRS grants postponements
Treasury: IRS Could Collect $561 Billion in Revenue Thanks to Inflation Reduction Act
However, Treasury warned that if $20 billion is cut from the IRS’s funding allotment, it would reduce revenues by over $100 billion.
Tax Tips for the 2024 Filing Season from the AICPA
As taxpayers navigate the challenges of tax season, the AICPA wants individual filers to be aware of what’s new for this filing season.
IRS Provides Tax Relief to Rhode Island Storm Victims
Providence County residents and businesses impacted by the storm have until June 17 to meet various tax filing and payment deadlines.
Tax Relief for Fire Victims Clears Major Hurdle with House Vote
The measure was approved 357-70 by the House of Representatives as part of a bipartisan tax deal that included fire victim tax relief.
IRS Says It Won’t Change Decision to Tax Minnesota Rebate Checks
The state’s rebates didn’t fall under the category of general welfare or disaster relief, both of which can be excluded from federal taxes.
Five Tax Breaks Often Overlooked By Small Business Owners
Did you know you could get a break on your company’s taxes by hiring your kids? Here are other tactics to help you lower your business’ taxes.
Trump Tax Leaker Gets 5 Years in Prison
Charles Littlejohn had pleaded guilty to stealing Donald Trump’s tax records from the IRS and leaking them to the New York Times.