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 January 3, 2024
The new rules exclude from the tax credit vehicles that use battery components made by Chinese manufacturers.
IRS January 2, 2024
Hundreds of IRS-CI employees still had access to TikTok months after the app was banned from all government devices, TIGTA said.
Taxes January 2, 2024
Not everyone who was entitled to an EIP was able to collect the full amount they were owed. Either they didn’t receive the correct amount or they didn’t get a payment at all.
Tax Planning December 29, 2023
Depending on your situation, you might elect to forgo preferential tax treatment on certain long-term capital gains and qualified dividends in favor of deducting investment interest expenses.
Taxes December 28, 2023
The guidance provides rules for the production of eligible components and sale to unrelated persons, as well as special rules that apply to sales between related persons.
Taxes December 28, 2023
Under the “ordering rules” established under IRS regulations, most of the payout of a nonqualified Roth distribution may be tax-free anyway—maybe even all of it.
Taxes December 27, 2023
The annual gift tax exclusion allows you to gift up to a specified amount to each recipient each year without any gift tax liability.
IRS December 27, 2023
Businesses interested in taking advantage of the voluntary disclosure program have until March 22, 2024, to apply.
Taxes December 27, 2023
For 2023, the age at which account owners must start taking required minimum distributions goes up from age 72 to age 73.
Taxes December 27, 2023
The Inflation Reduction Act (IRA) of 2022 provides a production credit for each kilogram of qualified clean hydrogen produced by a taxpayer at a qualified clean hydrogen production facility.
Taxes December 22, 2023
The professional tax preparer was accused of omitting $1.28 million in income from his own tax returns.
Taxes December 22, 2023
A temporary cut to Michigan’s income tax will not be made permanent under a judge’s ruling this week.