Benefits May 29, 2026
Don’t Forget About Tax on Social Security Benefits
Seniors can lower their PI via capital losses, annuities, growth stocks, life insurance, or IRA contributions.
Taxes August 2, 2023
IRS Plans to Go Paperless by 2025 Tax Season
By the 2025 filing season, the IRS will digitally process 100 percent of tax and information returns that are submitted by paper, as well as half of all paper correspondence, non-tax forms, and notice responses.
Taxes August 2, 2023
S Corp Shareholder Eligibility for ITIN Holders
Understanding the intricacies of S Corp eligibility for ITIN holders can shed light on the potential opportunities and limitations for these individuals.
Taxes July 28, 2023
The Tax Payoff for Life Insurance
Although Congress has chipped away at many traditional tax shelters in recent years, the main benefits of life insurance remain intact.
Taxes July 28, 2023
Pros and Cons of the “Kiddie Tax”
If you’re not careful, this often-misunderstood tax provision can result in a sizeable income tax liability for the family.
Sales Tax July 28, 2023
Answers to Retail Business Questions About Sales Taxes
Having a physical presence in a state is a surefire way to create nexus, but you can also have nexus in states where you don’t have a physical presence.
Sales Tax July 28, 2023
Maryland Digital Ad Tax Case Leaves States in Limbo, But Digital Taxes Aren’t Going Away
Businesses should be aware that as states become more fiscally creative, there will be more tax complexities and a bigger burden as the patchwork of regulations across the country get sorted out...
Taxes July 27, 2023
AICPA Makes Recommendations on Improving IRS Appeals
The AICPA believes that it is important that all taxpayers have convenient accessibility to an Appeals conference if they choose to do so.
July 27, 2023 Sponsored
Advisory in Your Firm: Price, Process, and Getting Started
Advisory is a year-round process; as you get ready for tax year 2023, now is a great time to update tax planning with higher-value tax advisory services.
Taxes July 27, 2023
Five Auburn Alumni Receive Award for Work to Advance Tax Prep Software
SmartWiz has used artificial intelligence (AI) and modern integrations to create the first-ever all-in-one tax software for tax professionals serving underserved communities.
Firm Management July 26, 2023
Decoding the Deadline Dilemma
By mastering routine tasks and rising above the daily grind, we not only transform our relationship with deadlines, but we also illuminate our strategic value, transcending from our basic duties to becoming vital advisors.
Sales Tax July 26, 2023
Missouri Streamlines Processes Utilizing Avalara’s Online Sales and Use Tax Rate Map
With Avalara, Missouri provides access to current sales and use tax rates as well as special item taxes like food, domestic utilities, and more in the state.
Small Business July 26, 2023
Online Travel Agencies Face a Virtual World of Tax Obligations
In the United States alone, there are thousands of locally administered accommodations taxes. According to the State Tax Research Institute, “state and local accommodations taxes exhibit even greater diversity.”