Taxes February 13, 2026
Tax Court Slams Brakes on Charitable Deduction
The Tax Court immediately nixed the deduction because of the inadequate substantiation and the lack of any appraisal for high-income items.
Taxes April 24, 2024
IRS Forms New Office to Help People Settle Their Tax Disputes More Quickly
An arm of Appeals, the Alternative Dispute Resolution Program Management Office will look to revitalize existing ADR programs.
Taxes April 24, 2024
Bipartisan Bill Would Force IRS to Fix Issues With Math Error Notices
The bill, introduced in both the House and the Senate, would require the IRS to spell out exactly what the error on the return is.
Taxes April 24, 2024
TIGTA Finds $3.5 Billion Tax Fraud Scheme
TIGTA investigators identified a scheme where individuals obtained Employer Identification Numbers, a unique nine-digit identifier required for tax purposes, and then used them to file business tax returns that improperly claimed...
IRS April 22, 2024
If You Missed It, Here’s the IRS ‘Dirty Dozen’ Tax Scams List For 2024
The list serves as a reminder to remain vigilant about tax scams not only during tax season, but all year long, the IRS said.
Payroll April 22, 2024
Here’s the Salary a Person Needs to Actually Take Home $100,000 in Every State
The analysis accounts for federal income taxes and withholdings for Social Security and benefits, as well as state and local taxes.
IRS April 19, 2024
IRS Provides Sneak Peek of Form 1099-DA for Digital Assets
The IRS Friday posted on its website the highly anticipated draft Form 1099-DA, which brokers will use to report digital asset transactions.
Advisory April 19, 2024
More CAS Firms Adding 1099 and W-9 Services
There’s a high demand for 1099 services, according to the 2022 CPA.com and AICPA PCPS Client Advisory Services (CAS) Benchmark Survey.
Taxes April 19, 2024
Georgians Claimed Over $109 Million in Tax Deductions For ‘Unborn Dependents’
Georgia’s 2019 abortion law allows expectant parents to claim an embryo or fetus as a dependent on their taxes.
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Accounting April 18, 2024
AICPA Endorses Bipartisan Legislation to Provide Additional Tax Relief to Victims of Natural Disasters
Under current law, taxpayers affected by a major disaster often have less time to make a refund or credit claim than those who are not affected.
Taxes April 18, 2024
Boston IRS Agent Charged With Tax Fraud
Ndeye Amy Thioub was indicted on three counts each of filing false tax returns and filing false tax returns as an employee of the U.S.
Taxes April 18, 2024
IRS Raids Home of Rapper Tekashi 6ix9ine, Seizes Cars and Other Items
The rapper, whose legal name is Daniel Hernández, had his property seized for “nonpayment of internal revenue taxes.”
Taxes April 18, 2024
When Rogue Brokers Switch People’s ACA Policies, Tax Surprises Can Follow
Some tax returns are being rejected because filers failed to provide information about ACA coverage they didn't know they had.