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Taxes

irs-building1

Taxes September 15, 2026 

IRS Extends Drought Tax Relief for Farmers and Ranchers

The IRS issued guidance on Tuesday that extends tax relief for farmers and ranchers in 49 states and other regions who sold or exchanged livestock because of drought conditions.

Jason Bramwell

Featured Articles

October 14, 2026   Sponsored

CPE Webinar: Midterms and the Tax Agenda: What 2026 Could Mean for Tax Professionals

September 15, 2026  

Union Leader Behind Prop. 40 California Billionaire Tax Faces Scrutiny Over Alleged Bullying

September 15, 2026  

$10 Million Fight Brewing Over Proposal to Stop Income Tax on Washington Millionaires

September 15, 2026  

Delta Air Lines, Wells Fargo, and Pivot Bio Are Embracing Trump Savings Accounts for Workers’ Kids

September 15, 2026  

A Federal Tax Credit Could Add 143,000 Film and TV Jobs, Study Says
Minnesota CPA Stole More Than $340,000 From Her Clients, Feds Say

Accounting April 30, 2024 

Minnesota CPA Stole More Than $340,000 From Her Clients, Feds Say

Jeana Ann Lautigar of Edina, MN, was charged with making monetary transactions connected to the crime and failing to file taxes.

Florida Tax Preparer Charged 5 Years Ago With Stealing Has Done It Again, Cops Say

Taxes April 30, 2024 

Florida Tax Preparer Charged 5 Years Ago With Stealing Has Done It Again, Cops Say

Dennis Maxey was arrested in 2019 for grand theft and scheme to defraud, both first-degree felonies. He was arrested again on April 18.

Sovos

Sales Tax April 30, 2024 

Sovos Launches Indirect Tax Suite to Meet Complexities of Global Compliance

Part of the Sovos Compliance Cloud, the Indirect Tax Suite empowers enterprises to manage all of their indirect tax obligations with governments, buyers, suppliers and consumers.

Isaac M. O'Bannon

IRS Opens Second Allocation Round For Advanced Energy Tax Credit

Taxes April 29, 2024 

IRS Opens Second Allocation Round For Advanced Energy Tax Credit

Beginning May 28, the IRS will accept applications from taxpayers seeking tax credits from the pool of $6 billion allocated in Round 2.

Jason Bramwell

Digital Workflow in Intuit ProConnect Tax

Advisory April 29, 2024  Sponsored

Digital Workflow in Intuit ProConnect Tax

During the Intuit Accountants “Better Together” event in New York City, the Intuit ProTax Group brought together tax professionals and industry thought leaders.

Scott Cytron

IRS Offers Resources and Advice During National Small Business Week

Small Business April 28, 2024 

IRS Offers Resources and Advice During National Small Business Week

The Internal Revenue Service is offering tax-related information to entrepreneurs in anticipation of the upcoming kick-off of National Small Business Week.

Isaac M. O'Bannon

IRS Says It Saw ‘Strong Response’ From Direct File Pilot Users This Tax Season

Taxes April 26, 2024 

IRS Says It Saw ‘Strong Response’ From Direct File Pilot Users This Tax Season

About 140,800 taxpayers in 12 states filed their federal tax returns through the new service, but its future is up in the air.

Jason Bramwell

IRS Offers Final Guidance on Transfers of Credits Under Inflation Reduction Act

Taxes April 25, 2024 

IRS Offers Final Guidance on Transfers of Credits Under Inflation Reduction Act

The final regulations also describe special rules related to excessive credit transfers and recapture events.

Isaac M. O'Bannon

Voters Want Ultra-Rich to Pay More Taxes to Save Social Security, Poll Shows

Taxes April 25, 2024 

Voters Want Ultra-Rich to Pay More Taxes to Save Social Security, Poll Shows

Voters in seven swing states support billionaires tax and trimming benefits for the wealthy more than raising payroll taxes.

 U.S. Sales Tax Rate Changes Reach 10-Year High

Sales Tax April 25, 2024 

U.S. Sales Tax Rate Changes Reach 10-Year High

It's clear that tax departments will need to be nimble once again in 2024, adjusting to the situations outlined above along with other developments including legislative and regulatory changes.

Sovos

Sales Tax April 24, 2024 

Sovos Fortifies U.S.- Based DBNAlliance to Enhance Seamless Global Business Networks

Processing more than 11 billion transactions each year, Sovos’ membership is a substantial show of support for the DBNAlliance's mission to rapidly deploy a framework of standards and

Isaac M. O'Bannon

IRS Forms New Office to Help People Settle Their Tax Disputes More Quickly

Taxes April 24, 2024 

IRS Forms New Office to Help People Settle Their Tax Disputes More Quickly

An arm of Appeals, the Alternative Dispute Resolution Program Management Office will look to revitalize existing ADR programs.

Jason Bramwell

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