Taxes January 27, 2026
The Treasury Department and the IRS on Jan. 23 issued a fact sheet containing frequently asked questions related to the new tax deduction for qualified overtime compensation under the One Big Beautiful Bill Act.
January 27, 2026
January 27, 2026
January 26, 2026
Taxes June 15, 2023
The IRS miscalculated 2021 child tax credit payments for thousands of eligible taxpayers as of May 5, 2022, TIGTA said.
Taxes June 15, 2023
Here are several key points about the home sale exclusion that you should know about before you hand over the keys.
Taxes June 15, 2023
The IRS is reminding taxpayers that they may qualify for expanded home energy credits in 2023 (IR-2023-97, 5/4/23) There are two types of credits.
Taxes June 15, 2023
Taxpayers can claim a limited deduction for gambling losses, but the IRS keeps close tabs on these write-offs.
Accounting June 14, 2023
While primarily targeted at companies maintaining more than 5,000 client records (think tax returns), certain safeguard components are required for firms with fewer than 5,000 records.
Taxes June 14, 2023
The proposed rules released on June 14 focus on elective pay and transferability of credits under the Inflation Reduction Act.
Taxes June 14, 2023
The CHIPS Act allows eligible taxpayers to make an election to treat the credit as a payment against federal income tax.
Firm Management June 14, 2023
A lifestyle accounting firm emphasizes the personal lives of their employees in a way that focuses on balance, which may look different from a firm where scaling financial growth is the main priority.
Taxes June 14, 2023
When should you begin to make nondeductible contributions to your IRA?
Taxes June 14, 2023
For many months, the American Institute of CPAs (AICPA) has expressed its concerns regarding the lowered Form 1099-K reporting threshold
Taxes June 14, 2023
Make sure you keep business use above the 50% level. In addition, maintain all the driving records required by the IRS.
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Taxes June 13, 2023
A self-employed individual may claim the foreign earned income exclusion on foreign earned self-employment income.