Income Tax March 27, 2026
When Will I Get My IRS Income Tax Refund? Easy Chart Shows You
As early as 10-14 days after you clicked "submit" on your TurboTax form, or went to H&R Block, your professional CPA or EA or tax preparer clicked "send."
Taxes April 28, 2023
The IRS is Trying to Change the Way Businesses Report Tips
The IRS's proposed SITCA program seeks to streamline reporting—and, of course, increase tax compliance.
Taxes April 27, 2023
IRS Agent Seeks Whistleblower Status to Discuss Problems with Hunter Biden Tax Probe
The agent claims the IRS mishandled an investigation into Hunter Biden and wants to disclose concerns about his taxes.
Taxes April 26, 2023
South Carolina Return Preparer Pleads Guilty to Filing False Tax Returns
The total tax loss from his criminal conduct was approximately $320,000.
Taxes April 26, 2023
Partnerships Face Increased Tax Audit Risk
Here are the five time-sensitive actions that a partnership or its representative should take within 30 days of receiving the notice of selection for examination.
Taxes April 24, 2023
What to Do if You Missed the April 18 IRS Income Tax Filing Deadline
Taxpayers who owe and missed the deadline without requesting an extension should file quickly to limit penalties and interest.
Taxes April 24, 2023
The Tax Blotter – April 2023 – Sec. 529 Plans Get Updates
A Section 529 plan is a tax-favored way to save for a child’s college education. Contributions can grow without any current tax while distributions to pay for qualified expenses like tuition are tax-exempt.
Taxes April 21, 2023
Ford’s F-150 Leaves Tough Choices for Truck Buyers Seeking EV Tax Credits
The F-150 Lightning is one of 10 electric vehicles to qualify for the full $7,500 in tax breaks. But only the most stripped-down models.
Taxes April 21, 2023
IRS Says Phone Wait Times Have Dropped to 4 Minutes
Thanks to last year’s Inflation Reduction Act, the IRS got a funding boost that enabled it to improve taxpayer service.
Taxes April 21, 2023
AICPA Endorses Bipartisan Bill to Expand Use of 529 Savings Plan
The bill would expand eligible uses of 529 savings plans to include fees and expenses required to obtain or maintain recognized post-secondary credentials.
Taxes April 21, 2023
AICPA Recommends Improvements to Regulations on Section 645, Election to Treat Trust as Part of an Estate
TD 9032 describes the procedures and requirements for making an election to have certain revocable trusts treated and taxed as part of an estate.
Taxes April 19, 2023
3 Ways the IRS is Making it Easier for Small Business Owners to Do Their Taxes
Interacting with the agency should be less painful over the next decade as the IRS’s $80 billion spending plan is implemented.
Small Business April 18, 2023
What Small Business Owners Need to Know About Crowdfunding and the IRS
Before launching a campaign, make sure you understand all of the tax implications of crowdfunding.