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 May 9, 2024
Most Tax Pros, Corporate and Public, Believe AI Should Be in Their Toolbox
77% of tax professionals believe AI technology can be applied to their work, and 56% of in-house corporate tax teams think their external tax advisers’ firms should be using AI.
Taxes May 8, 2024
Shohei Ohtani’s Former Interpreter Agrees to Plead Guilty to Stealing $17 Million
Ippei Mizuhara reached a plea deal for one count each of bank fraud and signing a false tax return, the Justice Department said.
Technology May 8, 2024
Ledgible Program Assesses a Company’s Readiness for 1099-DA Reporting
The new program follows the release of the draft Form 1099-DA for digital asset transaction reporting by the IRS last month.
Taxes May 7, 2024
U.S. Corporate Taxes Likely to Rise to Tame Deficit, Buffett Says
Higher taxes are "quite likely," the Berkshire Hathaway chairman and CEO said, as Washington prepares for major tax discussions next year.
IRS May 7, 2024
IRS Chief: $400 Million in ERC Claims Have Been Withdrawn
During a House Appropriations subcommittee hearing May 7, Danny Werfel gave lawmakers an update on the tax credit's status.
Income Tax May 7, 2024
The Next Tax Deadline is May 15 for Tax-Exempt Orgs
While the April 15 tax deadline for most Americans to file their individual annual tax returns has passed, there are several deadlines each year, some for individuals, businesses, nonprofits and even organizations that are tax-exempt.
IRS May 6, 2024
IRS Issues FAQs on Disaster Relief For Retirement Plans and IRAs
The FAQs are intended to assist individuals, employers, and retirement plan and IRA service providers, the IRS said.
Taxes May 3, 2024
More Rich Americans Will Soon Be Hit With an IRS Audit, Werfel Pledges
But the IRS chief emphasized once again that audit rates won't increase for small businesses and taxpayers making under $400,000.
Taxes May 3, 2024
EV Makers Win Two-Year Extension to Qualify for Tax Credits
The Biden administration on May 3 gave carmakers a partial reprieve in finalizing electric vehicle tax credit rules.
Small Business May 3, 2024
2024 Guide to State Sales Tax Holidays
There were about 45 sales tax holidays in 24 states in 2023 and could be even more than that in 2024.
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Small Business May 3, 2024
Hawaii to Offer Tax Amnesty to Switch Short Term Rentals to Long Term
Could tax incentives geared toward turning Hawaii short-term rentals (STRs) into long-term housing increase housing stock and decrease rents for Hawaiians? Governor Josh Green thinks so.
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Taxes May 2, 2024
Disaster Preparation: IRS Reminds to Safeguard Your Info
Original documents such as tax returns, Social Security cards, marriage certificates, birth certificates and land ownership documents need to be secured in a waterproof container in a safe space.