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.
IRS December 11, 2023
IRS Wipes Out 20,000 Employee Retention Credit Claims
In September, the IRS pressed pause on the ERC program until at least the end of this year due to a wave of fraudulent claims.
Taxes December 11, 2023
On Event of 250th Anniversary of Boston Tea Party, U.S. Tea Merchants and Small Businesses Find Taxes too Complex
Eight in 10 tea merchants (82%) feel anxiety related to staying on top of their tax obligations. In the U.S., there are more than 900 sales tax rules on tea products.
IRS December 11, 2023
IRS Updates FSA Amounts for 2024
Starting next year, employees can contribute up to $3,200 tax-free to a flexible spending account through payroll deduction.
Taxes December 11, 2023
Hunter Biden Charged with Tax Crimes in Los Angeles
Biden is accused of failing to pay his taxes on time from 2016 to 2019, filing false and fraudulent tax returns in 2018, and tax evasion.
Taxes December 10, 2023
Decoding the Difference: Tax Planning vs. Advisory
Let’s talk through how these two functions differ, and how you as a tax professional can better define them for your clients to create additional revenue streams.
Accounting December 9, 2023
3,000+ Accounting and Tax Pros Earn CPE During Largest Free Streaming Conference
Over two days and 14 one-hour sessions, the profession's top thought leaders served on panel discussions of a variety of subject areas related to tax, accounting, practice management and ethics.
Taxes December 7, 2023
CPA Indicted for $800,000 in Tax Fraud, Claiming Fake Foster Child as Dependent
Jack Lee Oliver of Rivesville, WV, used a foster child he never met to inflate his tax refund, according to the Justice Department.
IRS December 7, 2023
IRS Shoots Down Rumors of More Stimulus Checks
The IRS has no plans to send a fourth round of stimulus checks, despite claims made in a series of widely-shared social media posts.
Taxes December 6, 2023
Billionaire Tax Rests on a Disputed $14,729 Tax Refund at the U.S. Supreme Court
Democratic dreams of imposing a wealth tax on the richest Americans risk being snuffed out by a dispute over a $14,729 bill.
Taxes December 6, 2023
House Ways and Means Backs Release of Hunter Biden Tax Probe Information
After IRS agents testify, the House tax-writing panel voted to make public documents and transcripts provided by the agents.
Taxes December 4, 2023
Sovos Approved as an IRS Modernized e-File (MeF) Business Provider for 1042 Returns
Starting with tax year 2023 filings and beyond, financial institutions or businesses filing 10 or more information returns can no longer submit Form 1042 on paper
Taxes December 1, 2023
IRS Offers New Guidance On Clean Vehicle Manufacturing
The proposed regulations provide definitions and proposed rules for qualified manufacturers of vehicles to determine eligibility for the clean vehicle credit regarding the excluded entity restrictions.