Income Tax October 24, 2026
A Corrected Tax Document Arrived After Review. What Needs to Reopen?
The operational question is not whether the upload succeeded. It is whether the change reached the person responsible for deciding what happens next.
Taxes September 13, 2024
House Passes Bill Tightening China Restrictions for EV Tax Credit
The legislation tightens rules around Chinese business ties in determining which electric vehicles qualify for federal tax credits.
Taxes September 13, 2024
Trump Pledges No Taxes on Overtime
Trump said his no-tax-on-overtime idea would help companies lure more workers and keep them on the job site for longer.
Taxes September 13, 2024
IRS Offers Tax Deadline Extensions for Louisiana Due to Hurricane Francine
These taxpayers now have until Feb. 3, 2025, to file various federal individual and business tax returns and make tax payments.
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Small Business September 13, 2024
Avalara and Oracle Expand Embedded Partnership to Support Global Tax Compliance
The Avalara Global Turnkey Tax Activation's touchless automation simplifies and reduces months of data cleansing and imports down to a few hours.
Taxes September 12, 2024
IRS Issues Proposed Regs for New Corporate Alternative Minimum Tax (CAMT)
The proposed regulations provide definitions and general rules for determining and identifying AFSI. They also include rules regarding various statutory and regulatory adjustments in determining AFSI.
Taxes September 11, 2024
Colorado Set to Join IRS Direct File Program in 2026
Coloradans will soon be able to file their federal income taxes online for free under a program created by the Inflation Reduction Act.
Taxes September 11, 2024
Bloomberg Tax Predicts 2025 Standard Tax Rates, Standard Deductions, and AMT
Bloomberg Tax's annual Projected U.S. Tax Rates Report provides early, accurate notice of the potential tax savings that could be realized due to increases in deduction limitations, upward adjustments to tax brackets, and increases to numerous other key thresholds.
Taxes September 11, 2024
What Trump and Harris Said About Tariffs and Taxes During Debate
The two presidential candidates attacked each other on the economy, taxes, immigration, and abortion, among other issues.
Taxes September 10, 2024
IRS Extends Some Tax Filings For New York, Connecticut Flood Victims
Impacted residents and business owners have until Feb. 3, 2025, to submit a variety of tax filings and payments.
Taxes September 10, 2024
The Tax Blotter – Sept 10, 2024
The Tax Blotter is a collection of briefs of recent tax legislation and tax court decisions.
Small Business September 10, 2024
Sales Tax Holidays Are Not Profitable for Most Small Retailers, Says Report
While these holidays are designed to boost consumer spending and businesses’ sales, the complexities involved have actually left nearly 60% of retailers struggling to make a profit.
Taxes September 9, 2024
Lawmakers Face Another Government Shutdown
Election years usually mean a light fall schedule for Congress, but yet another a deadline to fund the federal government creates one of the few must-do items on the agenda.