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Taxes

Last Chance to Vote in the 2026 Readers’ Choice Awards!

Accounting April 17, 2026 

Last Chance to Vote in the 2026 Readers’ Choice Awards!

Each year, readers get the opportunity to show their support for the programs, hardware, services, and other technologies they use and trust.

Isaac M. O'Bannon

Featured Articles

April 27, 2026  

IRS Introduces Process for Taxpayers to Request More Time Following a Rejected ERC Claim

April 27, 2026  

Form 990 Revisions Aimed at Cracking Down on Fraud by Tax-Exempt Groups, Treasury and IRS Say

April 27, 2026  

Right Goals, Wrong Argument? The Real Stakes in the Fight Over a 1% Income Tax Cut in Massachusetts

April 27, 2026  

Trump’s $10 Billion IRS Suit Hits Snag with Skeptical Judge

April 27, 2026  

California Billionaire Tax Backers Say They Have Enough Signatures—Times Two—to Qualify for Ballot
Kanye West’s Yeezy Clothing Brand Owes California $600,000 in Unpaid Taxes

Taxes December 8, 2022 

Kanye West’s Yeezy Clothing Brand Owes California $600,000 in Unpaid Taxes

Notice letters were sent to the disgraced rapper’s company in July 2021 and February and September 2022.

Tax Refunds May Be Smaller in 2023, IRS Warns

Taxes December 7, 2022 

Tax Refunds May Be Smaller in 2023, IRS Warns

The lack of stimulus payments in 2022 will play a key role, according to the IRS.

Comic Books in the Attic? Old Collections Could Be a Treasure, But Prepare for the Taxes

Taxes December 7, 2022 

Comic Books in the Attic? Old Collections Could Be a Treasure, But Prepare for the Taxes

Many old comic book titles in good condition can sell for tens if not hundreds of thousands of dollars. But Uncle Sam will want a share.

AICPA News – Dec. 2022

Accounting December 7, 2022 

AICPA News – Dec. 2022

AICPA News is a round-up of recent announcements from the AICPA.

Mary Girsch-Bock

Making a Big Impact in Short Order with Tax Services

Taxes December 7, 2022 

Making a Big Impact in Short Order with Tax Services

Research from Cerulli Associates found advisor practices that put a premium on creating client-centric experiences have median client sizes that are 93% larger ...

How to Keep DEI at the Forefront of Your Tax Firm

Firm Management December 7, 2022 

How to Keep DEI at the Forefront of Your Tax Firm

There is intrinsic value when you ensure that you have a diverse workforce and clientele. You gain unique perspectives, opportunities, and insights that you otherwise would never have access to. 

Judge-gavel1

Taxes December 7, 2022 

Psychiatrist Gets 18 Month Prison Sentence for Tax Evasion

The professional failed to pay taxes and filed and caused to be filed with the Internal Revenue Service false and fraudulent tax returns that included false statements ...

irs1

Taxes December 6, 2022 

Following Tax Court Defeat, IRS is Still After Syndicated Conservation Easements

Proposed regs issued today identify certain syndicated conservation easement transactions as “listed.”

Jason Bramwell

Jury Finds Trump Organization Guilty of Tax Fraud

Taxes December 6, 2022 

Jury Finds Trump Organization Guilty of Tax Fraud

The consequence of the guilty verdict against both the Trump Corp. and the Trump Payroll Corp. is a $1.76 million fine.

forecast_crystal_ball_prediction_1_.54751b596e141

Accounting December 6, 2022 

Predictions for the Accounting Profession: 2023 and Beyond

The end of the year means it’s time to get ready for another busy season and to tune up your strategic plans for the years ahead. 

Roman Kepczyk

Avenatti Gets 14 Years in Prison for Tax Fraud, Stealing Millions From Clients

Taxes December 5, 2022 

Avenatti Gets 14 Years in Prison for Tax Fraud, Stealing Millions From Clients

The celebrity lawyer is already serving five years in prison for his extortion and fraud convictions in New York.

Donor-Advised Funds Offer a Charitable Way to Harvest a Tax Break

Taxes December 5, 2022 

Donor-Advised Funds Offer a Charitable Way to Harvest a Tax Break

The number of DAFs has nearly tripled to 1.3 million since Congress approved the Tax Cuts and Jobs Act in 2017.

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