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.
Taxes August 2, 2023
By the 2025 filing season, the IRS will digitally process 100 percent of tax and information returns that are submitted by paper, as well as half of all paper correspondence, non-tax forms, and notice responses.
Taxes July 28, 2023
Although Congress has chipped away at many traditional tax shelters in recent years, the main benefits of life insurance remain intact.
Taxes July 28, 2023
If you’re not careful, this often-misunderstood tax provision can result in a sizeable income tax liability for the family.
Sales Tax July 28, 2023
Businesses should be aware that as states become more fiscally creative, there will be more tax complexities and a bigger burden as the patchwork of regulations across the country get sorted out...
Taxes July 27, 2023
The AICPA believes that it is important that all taxpayers have convenient accessibility to an Appeals conference if they choose to do so.
Taxes July 24, 2023
Effective immediately, unannounced visits will end except in a few unique circumstances and will be replaced with mailed letters to schedule meetings.
Payroll July 23, 2023
A Colorado man has been sentenced to 15 months in prison for evading the payment of more than $700,000 in employment taxes he owed to the IRS.
Taxes July 19, 2023
The Problem Solvers Caucus, a group of GOP and Democratic lawmakers, plans to work on issues associated with the credit.
Taxes July 19, 2023
What are the tax consequences regarding a home sale if you and your spouse split up or divorce?
Taxes July 17, 2023
A frivolous claim is one that is used to support an unreasonable entry on your returns or the failure to file a return. Numerous such claims have been shot down by the IRS, as well as the courts, in recent years.
Taxes July 13, 2023
This marks the eighth year that the Security Summit partners have worked to raise awareness about these issues through the "Protect Your Clients; Protect Yourself" campaign.
Taxes July 12, 2023
The Internal Revenue Code includes several tax strategies that may help your clients better prepare for the potential costs of long-term care—here are three to consider.