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 15, 2024
IRS Adds More Census Tracts For EV Charger Tax Credit
These additional census tracts were determined to meet the description of eligible census tracts in Notice 2024-20, the IRS said.
Taxes April 12, 2024
Shohei Ohtani’s Ex-Interpreter Charged With Bank Fraud, Stole $16 Million From Baseball Star
Ippei Mizuhara's involvement in illegal gambling turned up in a far-reaching investigation by federal agencies including the IRS.
Taxes April 11, 2024
Trump Tax Cuts Were Neither Panacea Nor Rip-Off
While the cuts yielded benefits to Americans up and down the income scale, the benefits could best be described as modest.
Taxes April 11, 2024
Feds Cracking Down on Unlawful Tax Return Preparers
Unscrupulous preparers who include errors or false information on a tax return could leave a taxpayer open to liability for unpaid taxes, penalties and interest.
Taxes April 11, 2024
COUNTERPOINT: IRS Should Not Be Trusted With Direct File
Despite its recent trendiness in certain circles, Direct File has little potential for good—and much for bad.
Taxes April 11, 2024
POINT: IRS Direct File Simplifies Doing Taxes, Saves Money
The new IRS Direct File tool represents government at its best: saving families time and money.
Technology May 16, 2024
Webinar: Effortless Tax Prep and Workflow: Say Goodbye to Client Frustrations
Erase client frustration with automated tax return delivery they will want to adopt.
Sales Tax April 10, 2024
Oklahoma to Exempt Groceries from State Sales Tax
Come August 2024, the Sooner state will cut back by providing a partial sales tax exemption for food for home consumption.
Taxes April 10, 2024
AICPA Provides Recommendations to Simplify Procedures for Generation-Skipping Tax Exemption
These recommendations will simplify filing for taxpayers and practitioners and will reduce the administrative burden on the IRS as well.
Taxes April 9, 2024
IRS Proposes Regs For Stock Repurchase Excise Tax
The new guidance pertains to the Inflation Reduction Act's 1% excise tax owed on corporate stock repurchases or buybacks.
Taxes April 9, 2024
IRS Warns of ‘Wildly Inaccurate Tax Advice’ on Social Media
When it comes to taxes, misleading information on social media can lead to financial or even legal problems, the IRS said.
Taxes April 9, 2024
5 Cyber Tips for CPAs for Tax Season and After
The key to securing and maintaining clients will always be trust. In order to safeguard your CPA firm's reputation and integrity, security is paramount.