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 November 20, 2023
When Will 2024 Tax Refunds Come? 2024 Tax Season Questions.
This easy chart can tell you when you are likely to receive your 2024 income tax refund, if you are due one. E-filing of tax returns will likely start in January.
Firm Management November 19, 2023
Ignition and Intuit Expand Partnership
Accounting and tax firms are now able to import their ProConnect clients into Ignition, filter clients by return type, and send tax proposals to multiple clients in bulk using templates.
Taxes November 17, 2023
Tax Interest Rates to Stay the Same in Q1 2024, IRS Says
Beginning on Jan. 1, the rate for overpayments and underpayments for individuals will be 8% per year, compounded daily.
Taxes November 17, 2023
IRS Pressed to Crack Down on Wealthy Tax Cheats in Puerto Rico
Lawmakers are asking the IRS to accelerate an investigation into rich Americans seeking lucrative tax breaks in Puerto Rico.
Taxes November 17, 2023
Proposed IRS Regs Would Remove Deductions for Some Syndicated Conservation Easements by Pass-Throughs
Syndicated conservation easements have been included in the IRS' annual list of Dirty Dozen tax schemes for many years.
Taxes November 16, 2023
Tax Transformation is Integral to Broader Business Modernization
Tax transformation will play an outsized role for businesses in their broader technology modernization efforts...
Taxes November 16, 2023
Marcum Offers 2023 Year-End Tax Guide
Marcum's guide anticipates various scenarios to help its readers develop adaptable and effective taxpayer strategies, including those in unique situations.
Taxes November 15, 2023
AICPA Honors 3 Tax Experts with Dixon and Horn Awards
These recipients have stood apart from their peers throughout their careers and contributed valuable expertise to further strengthen the profession.
State and Local Taxes November 15, 2023
New House Speaker Johnson May Be Open to SALT Relief
Some Republicans with votes crucial to Mike Johnson becoming House speaker say they were told he would look into the matter.
Taxes November 14, 2023
TIGTA: IRS’s Decision to Destroy 30 Million Paper Returns Was ‘Reasonable’
The agency's actions, which were reported by TIGTA in May 2022, drew scrutiny from lawmakers and tax professionals.
Accounting November 9, 2023
What Cannabusinesses Need to Know About the Potential Schedule III Drug Classification
The reclassification of cannabis will allow cannabis businesses to benefit from these tax credits and initiatives for programs or systems that many are already implementing.
Taxes November 9, 2023
2024 IRS Tax Brackets, Standard Deductions
While the actual percentages will remain the same, the income levels of each bracket change annually to adjust to inflation.