Accounting April 29, 2026
Professionals are starting to reconsider the mega accounting conferences and move toward smaller conferences, niche retreats, and multi-city roadshows.
Taxes June 25, 2024
The IRS apologized to the billionaire founder of Citadel for failing to protect his tax information from being leaked to the press.
IRS June 24, 2024
As of March 31, the IRS has spent $5.7 billion, or 10%, of the $57.8 billion it will receive from the Inflation Reduction Act, TIGTA says.
Taxes June 24, 2024
A bill introduced by Republican lawmakers would ax federal and employment taxes on tips, but doing so could come at a price.
Taxes June 21, 2024
The review involved months of digitizing information and analyzing data since last September to assess a group of more than 1 million Employee Retention Credit (ERC) claims representing more than $86 billion filed amid aggressive marketing last year.
Taxes June 21, 2024
He is scheduled to be sentenced on Sept. 17 and faces a maximum sentence of five years in prison, a period of supervised release, restitution and monetary penalties.
Taxes June 21, 2024
A taxpayer is permitted to receive a distribution from an applicable eligible retirement plan to meet unforeseeable or immediate financial needs relating to necessary personal or family emergency expenses.
Taxes June 21, 2024
Cost concerns and blue-district GOP issues prompt strategy rethink among Republicans charged with reviewing the expiring provisions.
Taxes June 21, 2024
Section G, which was labeled “Section F” in the version of the form that IRS shared last fall, requests the Business Component Detail.
Taxes June 21, 2024
Top party lawmakers are making it clear that taxes need to rise on wealthy individuals and multinational corporations.
IRS June 20, 2024
At least 70% of ERC claims currently awaiting processing have red flags about their accuracy, IRS Commissioner Danny Werfel said.
Taxes June 18, 2024
Clean energy project managers must meet the prevailing wage and apprenticeship requirements to receive increased tax credits.
IRS June 18, 2024
If provided under an educational assistance program, certain educational assistance benefits can be excluded from gross income.