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 June 5, 2024
Ippei Mizuhara Enters Guilty Pleas to Bank and Tax Fraud Charges
The former interpreter for Los Angeles Dodgers star Shohei Ohtani is set to be charged on Oct. 25 and faces up to 33 years in prison.
Taxes June 3, 2024
House Republican ‘Tax Teams’ In Spotlight As Major Provisions Are Set to Expire
Unlike earlier iterations of working groups leading up to the 2017 tax law, the House Ways and Means tax teams are Republican-only.
Technology June 3, 2024
Ledgible Rolls Out SpecID Feature for Digital Asset Tax Reporting
Using the specific identification feature, Ledgible users can optimize tax calculations tailored to their specific needs, the company said.
Taxes May 31, 2024
IRS Appoints Tamaki as Chief Taxpayer Experience Officer
In her new role, Fumino Tamaki will be responsible for setting the strategic direction for improving the agency’s taxpayer experience.
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Taxes May 31, 2024
Massachusetts Flooding Victims Get Tax Relief
These taxpayers now have until July 31, 2024, to file various federal individual and business tax returns and make payments.
Payroll May 31, 2024
Ex-IRS Officer Among Six People Going to Jail for COVID-19 Fraud Scheme
Frank Mosely, who also worked as a tax enforcement officer in Oakland, CA, was sentenced to two and a half years in prison for PPP fraud.
Taxes May 30, 2024
IRS to Expand Free Tax-Filing Service to More Taxpayers in 2025
After a trial run in 12 states this tax season, the IRS said on May 30 its Direct File program will be made available to all 50 states next year.
Benefits May 30, 2024
A Fourth Round of Stimulus Checks Is Not Coming to Senior Citizens
Misinformation about a fourth stimulus check being sent to senior citizens and the disabled has been circulating online for many months.
Taxes May 30, 2024
Sovos Launches TINCheck
With TINCheck, businesses can conduct compliance checks on individuals and business partners by verifying names and TIN/EIN (tax ID) with the IRS database.
Sales Tax May 29, 2024
Zuper Integrates with Avalara to Automate Tax Management Capabilities for Field Service Teams
This shift to smart automation can lead to better scalability and growth, and certainly increased compliance, including surety during audits.
Taxes May 29, 2024
IRS Proposal Lays Out Requirements for Clean Electricity Tax Credits
The proposed rules explain how eligible facilities can qualify for tech-neutral clean electricity credits under the Inflation Reduction Act.
Taxes May 29, 2024
Is An IRS Change In Slot Machine Jackpot Thresholds Really Coming?
The IRS Advisory Council recently recommended that the threshold figure should be raised from $1,200 to $5,800.