IRS May 29, 2026
IRS Increases Health Savings Account Limits for 2027
The IRS on Friday released its annual inflation-adjusted amounts for health savings accounts for calendar-year 2027, with across-the-board increases.
Small Business October 10, 2023
New California Law Bans ‘Junk Fees’ on Hotel Bills, Concert Tickets, and More
You know the ones: A hotel bill that ends with a vague "resort fee." Or those concert tickets that double in price once it's time to type in your credit card information.
Accounting October 9, 2023
AICPA Hits a Home Run with ESG Symposium
Most recently, CPA.com partnered with Good.Lab, a provider of ESG software and consulting services, to create a new practice development program.
Accounting October 9, 2023
FASB Issues Disclosure Improvements in Response to the SEC’s Disclosure Update and Simplification Initiative
The amendments in the ASU are expected to clarify or improve disclosure and presentation requirements of a variety of Codification Topics.
Taxes October 6, 2023
Not Having a Speaker is Threatening Many Key Areas Like Tax
Among the items now stalled are negotiations to restore tax breaks for business spending on research and development.
Accounting October 6, 2023
Trump Organization Controller Admits to Tax Fraud Over Fear of Losing Job
McConney admitted he previously testified under oath that he knew he was breaking the law. He claimed he feared being fired if he resisted Weisselberg’s demands.
Taxes October 6, 2023
Treasury Releases Guidance for New EV Tax Credits
The consumer discount is one of the significant changes to electric vehicle tax credits implemented under the Inflation Reduction Act.
Taxes October 5, 2023
Report Claims Giuliani Owes Nearly $550,000 in Back Taxes to IRS
According to a report, former New York City mayor Rudolph Giuliani owes $549,435.26 in unpaid taxes and, as a result, the agency has placed a tax lien on a condo he owns in south Florida.
Taxes October 5, 2023
Be on the Lookout for Art Donation Tax Scams, IRS Says
Taxpayers, particularly wealthy filers, were warned Thursday about scams involving exaggerated art donation deductions.
Taxes October 5, 2023
IRS Cuts PTIN Fees for 2024
The IRS is slashing the costs for paid tax return preparers to renew their preparer tax identification numbers in 2024 by nearly 36%.
Taxes October 3, 2023
Three Complex Tax Issues Businesses are Facing Now
There are a myriad of challenges and changes in the tax codes affecting their business clients each tax season.
Payroll October 2, 2023
Student Loan Payments Resume for Millions of Americans
Individuals with federal student loans must begin planning to start repaying these debts for the first time in more than three years.
Taxes October 2, 2023
IRS Adds Features to Tax Pro Account for Managing Client Authorizations
New additions to Tax Pro Account, available through IRS.gov, will help practitioners manage their active client authorizations on file with the Centralized Authorization File (CAF) database.