Taxes
Latest News
Avalara Expands Global E-Invoicing Compliance with Built on Workday
Vertex Releases AI-Powered Copilot and Honors Partners at Exchange 2024 Conference
Russian Court Fines Google $20 Decillion (20 with 33 Zeros)
FASB Proposal Aims to Clarify Guidance on Accounting Acquirer in Business Combinations
AICPA Comments on Interim Guidance Regarding Corporate AMT
The American Institute of CPAs (AICPA) submitted comments and recommendations which identify and provide additional information regarding CAMT guidance.
Don’t Take Tax Advice from Social Media
The IRS warns that trusting tax advice found on social media can lure otherwise honest taxpayers and tax professionals into compromising tax situations.
Former IRS Worker Guilty of Fraud and Identity Theft
The individual, who was a tax preparer and, at times, an IRS employee, was convicted of several counts of fraud and identity theft.
Internal Revenue Service Employee Charged with Theft of Government Vehicle
If convicted, the person could receive a maximum term of 10 years in prison and a fine not to exceed $10,000.
Is Massachusetts Losing High Income Residents?
The report points to the state’s tax policies that make Massachusetts an outlier.
Top Reasons to Switch to Advisory Services and the Tools to Get You There
Many firms that offer advisory services see a positive impact on relationships with clients, financial growth, and more.
How Client Conversations Can Turn Tax Season Into Opportunity Season
This offers ideal opportunities to strengthen client relationships and even potentially put better processes and procedures in place ahead of next year’s tax season.
A SIMPLE Way to Retirement Savings
The required minimum distribution (RMD) rules apply to SIMPLEs. Beginning in 2023, the new law increases the age threshold to 73, up from 72 under the initial SECURE Act.