Taxes December 9, 2025
Chicago Mayor Tweaks Head Tax Plan to Target Bigger Companies
Mayor Brandon Johnson proposed a new version of his head tax Tuesday, now pushing a $33-per-employee monthly tax on companies with over 500 Chicago employees.
Taxes February 24, 2023
IRS Processing Tax Returns At a Quicker Rate Than Last Year
As of Feb. 3, the IRS said it has processed more than 16.7 million tax returns—29% more than in 2022.
Taxes February 23, 2023
Hotel-Based State and Local Tax Revenues Continue Increase
Average U.S. hotel occupancy is projected to reach 63.8% in 2023 – just shy of 2019’s level of 65.9%. Staffing is expected to remain a challenge for many U.S. hotels in 2023, as the industry continues to grow its workforce back to pre-pandemic levels.
Accounting February 23, 2023
Accounting Firm FORVIS Donates $500K to United Way for Hurricane Ian Relief in Florida
The firm’s donation also will help fund other unmet needs including construction costs for people repairing and rebuilding homes and labor costs for United Way staff assisting people through the recovery process.
Taxes February 23, 2023
Avalara Launches Automated Property Tax Compliance Solution for Businesses and Accountants
For businesses, keeping up with property tax requirements like filing deadlines and payment processes can be a complex, manual, and error-prone process that leads to costly noncompliance.
Small Business February 23, 2023
Here’s Some Crazy Things Small Business Owners Would Rather Do Than Their Taxes
Many small business owners dislike tax time so much that they would rather get a mullet haircut or a root canal.
Taxes February 21, 2023
IRS and Treasury Finalize E-Filing Rules for Businesses
The final regulations reflect changes made by the Taxpayer First Act that strengthen e-filing requirements.
Taxes February 21, 2023
Ex-IRS Clerk Pleads Guilty in Death of Co-Worker
Margarita Aispuro-Camacho faces a maximum of 20 years in prison and a $1 million fine.
Taxes February 21, 2023
IRS: Taxpayers Can Now Upload Documents for These 9 Notices
Taxpayers receiving these notices can respond securely to the IRS online, even if they don't have an IRS online account.
Accounting February 21, 2023
Accounting Thought Leaders Discuss Future of the Profession, Advisory Services, and Tax
Accounting thought leaders convened in New York City Feb. 20-22, 2023, for CPA Practice Advisor's 13th annual Accounting Thought Leader Symposium.
Taxes February 21, 2023
IRS and Treasury Issue Guidance for Insurers on Corporate AMT
The CAMT imposes a 15% minimum tax on the adjusted financial statement income of large companies starting in 2023.
Taxes February 17, 2023
Congress Mandates that Marketplaces Monitor High-Volume Sellers
Marketplace facilitators are being required to monitor and vet high-volume marketplace sellers in a growing number of states, including Arkansas, California, and Oklahoma.
Taxes February 17, 2023
Tax Season Best Practices to Avoid Identity Fraud – 2023
To fight identity fraud and cybercrime, tax preparers and filers must collaborate and adopt effective methods to secure their data and financial resources.