IRS May 29, 2026
IRS Increases Health Savings Account Limits for 2027
The IRS on Friday released its annual inflation-adjusted amounts for health savings accounts for calendar-year 2027, with across-the-board increases.
Taxes January 8, 2023
Help Your Startup Clients Avoid These 7 Tax Mistakes
As trusted advisors, CPAs have the knowledge and expertise to provide our clients with accurate and timely advice on a wide range of tax and financial matters.
Taxes January 6, 2023
11 Men Indicted in Multimillion-Dollar Sports Betting Ring Tax Evasion Case
The sports betting organization they managed evaded tens of millions of dollars in excise taxes for three years.
Accounting January 6, 2023
‘Office Space’ Inspired Software Engineer’s Scam, Prosecutors Say
Ermenildo “Ernie” Castro was charged with two counts of first-degree theft and first-degree identity theft.
Taxes January 5, 2023
IRS Audits Dropped Slightly in 2022
Low-income wage-earners taking the earned income tax credit had a higher-than-expected audit rate, report says.
Taxes January 5, 2023
Here Are IRS-CI’s Top 10 Cases of 2022
These cases include IRS Criminal Investigation’s most prominent and high-profile investigations in the past year.
Taxes January 4, 2023
500 Reasons to Eliminate Social Security’s Tax Cap
Ending the cap for the 5% of U.S. workers who earn more than $160,200 would increase revenue by over $150 billion.
Digital Currency January 3, 2023
Bankman-Fried Pleads Not Guilty, Trial Likely to Begin in October
The not guilty plea puts the case on track for a lengthy trial, which could last at least four weeks.
Taxes January 3, 2023
SALT Cap Foes Poised to Influence House GOP Tax Agenda
Wins in high-tax states were key to Republicans' new House majority but complicate their plans on a signature issue.
Taxes January 3, 2023
6 Key Takeaways From Trump’s Tax Returns
The documents show the former president’s complex, and sometimes unusual, financial situation.
Taxes January 3, 2023
IRS, Treasury Update Guidance on Accounting Methods for Specified R&E Expenditures
Revenue Procedure 2023-11 outlines how companies should comply with changes made by the Tax Cuts and Jobs Act.
Taxes January 3, 2023
New Retirement Rule Delaying Withdrawals Could Bite
There are some potential advantages for wealthy retirees, but they don’t come without potential trade-offs.
Taxes December 30, 2022
Do You Need A Charitable Appraisal? 2023 Tax Tips
The appraisal rules don’t apply to donations of publicly traded securities. Use the quoted market price to determine the FMV of the securities. This takes a lot of the guesswork out of the deduction.