Taxes April 28, 2026
The Treasury Department said on April 23 that the IRS is planning revisions to Form 990 intended to discover misconduct at tax-exempt organizations and hold fraudsters accountable.
September 12, 2023
The guidance also provides general rules for determining a taxpayer's financial statement income and AFSI.
Taxes September 12, 2023
This update allows TaxDome users to swiftly access IRS transcripts directly from their workspace, eliminating the need to navigate the IRS website.
Taxes September 12, 2023
Notice 2023-63 includes interim rules on the capitalization and amortization of specified research or experimental expenditures.
September 11, 2023
To qualify for transportation deductions, you must be traveling away from your tax home to a business location.
Taxes September 8, 2023
A judge has ruled that Intuit Inc., the maker of the popular TurboTax tax filing software, “engaged in deceptive advertising in violation of Section 5 of the FTC Act” and deceived consumers when it ran ads for “free” tax products and services for which many consumers were ineligible.
September 8, 2023
If your company doesn’t offer either option, try to empty out your account before January 1.
Taxes September 8, 2023
The agency is opening examinations of 75 of the largest partnerships in the U.S. that on average have over $10 billion in assets.
September 8, 2023
The BIG tax often catches business owners by surprise. Fortunately, however, you may be able to avoid adverse tax consequences with some astute planning.
Taxes September 6, 2023
In a report, TIGTA identified employees moving between large accounting firms and the IRS, often referred to as the “revolving door.”
Taxes September 6, 2023
This new requirement follows final regulations amending e-filing rules for information returns, including Forms 8300, released in February.
Taxes September 6, 2023
New IRS guidance marked the second time this year the agency raised the specter of subjecting state refunds to federal income tax.
Taxes September 6, 2023
Is the sale of an NFT subject to tax? Should it be? While lawmakers and tax officials worldwide have at least 91.8 million reasons to ensure tax laws account for sales of NFTs and other new tech, crafting tax policies for NFTs is difficult.