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 December 18, 2023
IRS Expands Business Tax Accounts to Include S Corporations and Partnerships
Individual partners of partnerships and individual shareholders of S corporation businesses are now eligible for a business tax account in addition to sole proprietors.
Taxes December 15, 2023
Bill Would Give Tax Credits for Rare Earth Magnets Made in the U.S.
The legislation would provide a $20 per kilogram production tax credit for rare earth magnets manufactured in the United States.
Taxes December 15, 2023
IRS Provides More Guidance on New Corporate AMT
The corporate AMT imposes a 15% minimum tax on the adjusted financial statement income of large corporations.
Taxes December 14, 2023
IRS Tax Demands Would Take Money From FTX Bankruptcy Victims
U.S. officials will take money away from FTX victims unless a judge rejects the government’s demand for $24 billion in unpaid taxes.
IRS December 14, 2023
IRS Sets Mileage Rate at 67 Cents Per Mile for 2024
The optional standard mileage rate for business use of a vehicle will increase 1.5 cents from 2023, the IRS said on Thursday.
IRS December 13, 2023
IRS Chief Lays Out Plans for New Leadership Structure
Expected to occur in early 2024, this is the first leadership reorganization at the tax agency in more than two decades.
Taxes December 13, 2023
Home Energy Credits Under the Inflation Reduction Act
This article covers two home energy tax credits for your individual clients to take advantage of by saving money on their tax returns and conserving energy to help out the environment.
Taxes December 13, 2023
5 Tax Season Tactics to Grow Client Advisory Services
Diversifying with tax-adjacent advisory services can add value to your existing clients, build recurring revenue streams and increase the likelihood of your tax clients returning next season.
Taxes December 13, 2023
What to Know about Tax Savings in the Inflation Reduction Act
Many home and small business owners are looking for energy resilience and security in the face of increasing power outages and skyrocketing energy bills.
Taxes December 13, 2023
Stanford Tax Adds AI to Automate Client Organizers for More Efficient Tax Workflows
The software connects with tax platforms including Pro System FX, Pro Series, Ultra Tax, CCH Axcess, CCH Prosytem fx, UltraTax, Lacerte, ProSeries, Drake, and ATX.
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Taxes December 13, 2023
AICPA Submits Recommendations More Streamlined Process for Disaster Extension Requests
Slower approvals, emotional trauma and shortage of building materials, skilled labor, utilities and the other services for rebuilding add to the difficulty some taxpayers experience.
Taxes December 12, 2023
Hunter Biden Immune to Tax Charges, His Lawyers Say
Biden’s lawyers argue that all gun and tax charges should be dropped because their client has immunity under a deal he struck in July.