Taxes December 19, 2025
2025-2026 Tax Season Guide to OBBBA Tax Law Changes – SPECIAL SERIES
This series of articles spotlights key tax issues and changes made to tax law in 2025 and the years to come as a result of the OBBBA.
Taxes July 24, 2024
Texans Get Tax Relief From the IRS After Hurricane Beryl
Individual and business taxpayers in 67 counties now have until Feb. 3, 2025, to file their returns and make tax payments.
Taxes July 23, 2024
Opinion: Some of Trump’s Tax Cuts Worked, But at What Cost?
Donald Trump’s 2017 Tax Cuts and Jobs Act was the biggest corporate tax cut in U.S. history. But how has it affected the economy?
Taxes July 22, 2024
Supreme Court Rules Against Popular Tax Exempt Business Transfers
The decision in Connelly v. United States last month impacts certain types of smaller businesses, in particular closely held companies.
Sales Tax July 22, 2024
KPMG and Avalara Form Alliance for Tax Compliance Automation
The new alliance allows organizations to leverage the combined power of Avalara’s compliance automation technology – including indirect tax calculation, returns, exemption certificate management, cross-border compliance, e-invoicing, and registrations.
Taxes July 22, 2024
Ex-Trump CFO Allen Weisselberg Released Early From Rikers
Weisselberg, who was sentenced to five months in jail earlier this year after pleading guilty to perjury, was freed for good behavior.
Taxes July 21, 2024
Joe Biden Withdraws from Presidential Race: Harris Campaign Expected to Keep Tax Proposals
President Joe Biden announced Sunday that he will step aside as the Democratic presidential nominee and endorsed Vice President Kamala Harris to lead the ticket and face former President Donald Trump in November.
Taxes July 17, 2024
IRS Adds Extra Security Measures to Access FATCA Site
As of July 14, taxpayers must sign in or register with either Login.gov or ID.me to access the FATCA registration system.
Taxes July 17, 2024
Federal Court Shuts Down New York Tax Preparer
A federal court in the Eastern District of New York issued a permanent injunction yesterday against a Brooklyn, New York, tax return preparer.
Taxes July 16, 2024
AICPA Requests Clarification on Corporate AMT Form 4626, Part V
The clarification would ensure that corporations that have already determined themselves to be an “applicable corporation” for purposes of the CAMT may skip Form 4626, Part V.
Taxes July 15, 2024
IRS Warns on Social Media Tax Credit Scam
The agency has seen an influx of claims for the non-existent "self-employment tax credit," which is being promoted on social media.
Taxes July 12, 2024
IRS Warns Car Dealers and Sellers About Phishing Scams
A recent ransomware attack that impacted car dealerships prompted the IRS to alert vehicle dealers and sellers about these schemes.
State and Local Taxes July 12, 2024
As Gas Tax Funds Decrease, States Look to Add Fees on Delivery Services Like Amazon
tates have relied on gas taxes to provide much of the money to maintain roads and bridges. But as cars become more fuel efficient, and some Americans switch to electric vehicles, state leaders say the gas tax won’t pay the bills for much longer.