IRS May 29, 2026
IRS Increases Health Savings Account Limits for 2027
The IRS on Friday released its annual inflation-adjusted amounts for health savings accounts for calendar-year 2027, with across-the-board increases.
Taxes October 21, 2024
IRS Issues Additional Guidance For the Sustainable Aviation Fuel Tax Credit
The IRS provided new guidance to taxpayers using the safe harbors for the SAF credit that were outlined by the agency last April.
Taxes October 21, 2024
IRS Kicks Off PTIN Renewal Season For 2025
All current preparer tax identification numbers expire on Dec. 31, and the fee to renew or obtain a PTIN for 2025 is $19.75.
Small Business October 21, 2024
Avalara Enhances Tax Automation on Purchases with AvaTax for Accounts Payable
The enhancement provides a comprehensive solution built into AvaTax that is designed to automate tax calculation and compliance for purchases.
Taxes October 21, 2024
Man Who Leaked Trump’s Tax Returns Was Taught to Take a Stand in St. Louis
Charles Littlejohn pulled off what’s been described as the greatest heist in IRS history and was sentenced to five years in prison.
Tax Planning October 18, 2024
TaxPlanIQ to Host Free Online Summit on How to Build a Tax Planning Empire
The event on Oct. 25 is geared toward firm owners looking to start offering or enhance their existing tax planning and advisory services.
Taxes October 17, 2024
Tax Experts See Long Standoff Over Expiring Provisions
Deep ideological differences could make striking an agreement on expiring tax breaks difficult if there is divided government.
Income Tax October 17, 2024
AICPA and NATP Respond to TurboTax Ad
The ad tells Americans they should have a "tax break up" with their professional preparer by using one of TurboTax's live experts.
Small Business October 16, 2024
Taxes on Halloween Candy Can be a Scary Task for Retailers
Halloween can be a scary time for retailers. In addition to inventory issues and trends, figuring out whether and how to charge sales tax on candy can be frightening.
Taxes October 15, 2024
Trump Goes Big on Tariffs During Chicago Appearance
The former president and GOP nominee vowed to "bring the companies back" to the U.S. during an interview in Chicago on Oct. 15.
Taxes October 15, 2024
IRS Warns of Hurricane Charity Scams
Scammers commonly set up fake charities to take advantage of peoples’ generosity during natural disasters and other tragic events.
Taxes October 15, 2024
Tax Court Delivers Mixed News on Charitable Appraisals
The moral of the story is that you should not run risks with so much at stake. The cost of an accurate qualified appraisal from a reputable source is money well spent.
Technology October 15, 2024
Decisions 2024: A Modern Experience
With a multitude of storm-related extension opportunities, maybe tax season isn’t quite over after all. However, for most of you, the flurry of activity has passed. It's time to turn to the projects needed to prepare for the new year.