Advisory September 16, 2026
Your Client Has 501(c)(3) Status. Is Its Illinois Real Estate Exempt?
State sales tax exemptions and property tax exemptions, often do not flow with federal public charity status.
Taxes February 8, 2024
IRS Cautions Tax Pros About New EFIN Email Scam
The IRS warned that scammers are posing as tax software providers and requesting EFIN documents from tax professionals.
IRS February 7, 2024
Retired IRS Agent Gets Month in Jail for Causing Fatal Crash in Ohio
James Farley pleaded guilty last month to aggravated vehicular homicide, which is a third-degree felony.
Taxes February 7, 2024
IRS Launches Hub for Employer-Provided Childcare Tax Credit
The new webpage gives information on the tax incentive for businesses that provide childcare services to their employees.
Income Tax February 7, 2024
AICPA Says FBAR Deadline Should Match Disaster Relief Deadline Extensions
The AICPA recommends that FinCEN adopt a policy of automatically granting FBAR filing postponements to coincide with the relief provided by the IRS when the IRS grants postponements
Small Business February 7, 2024
How Did Your 1099 Season Go? New E-Filing Rules Challenged Some in 2024
Due to changes in reporting requirements, the 2024 filings became a little more challenging: The years ahead may be even more so.
Taxes February 7, 2024
2024 Tax Refund Dates – Where’s My Refund, And When Will I Get It?
This article includes a handy reference chart taxpayers can use to estimate how soon they may get their income tax refund.
Taxes February 6, 2024
Treasury: IRS Could Collect $561 Billion in Revenue Thanks to Inflation Reduction Act
However, Treasury warned that if $20 billion is cut from the IRS’s funding allotment, it would reduce revenues by over $100 billion.
State and Local Taxes February 6, 2024
State and Local Tax (SALT) Predictions for 2024
The SALT professionals at Grant Thornton have compiled it's top predictions for what it expects to see in the coming year in this volatile space.
Sales Tax February 6, 2024
How to Manage Tax Exempt Sales More Effectively
Collecting, validating, storing, and renewing exemption certificates is a challenge for many tax and finance departments.
Taxes February 5, 2024
Why Idaho Senator Mike Crapo Largely Controls Bipartisan Tax Bill’s Fate
The top GOP member of the Senate Finance Committee has signaled he won’t support the family and business tax break bill as-is.
Taxes February 3, 2024
AICPA Provides Recommendations Regarding Donor Advised Funds Regulations
Notably, the AICPA is asking Treasury and the IRS to postpone the effective date of the final regulations to give taxpayers more time to adapt and comply with the new rules.
Taxes February 2, 2024
GOP SALT Bill on Shaky Ground After Getting Over House Rules Hump
Democrats back lifting deductions cap but argue Republican-backed legislation is an election-year gift.