Financial Reporting October 25, 2026
October and early November is the best time to take actions that can reduce your tax bill or increase your 2027 income refund.
October 24, 2026
October 23, 2026
October 23, 2026
Taxes September 5, 2023
Compliance Tracker ensures accurate and timely tax filings, reducing risk of non-compliance and penalties by incorporating trusted data compiled and maintained by Bloomberg Tax’s in-house tax analysts.
Taxes September 4, 2023
The accumulated earnings tax must be paid in addition to the regular corporate income tax. Despite recent threats by Congress to raise the ante, this penalty tax remains at the 20% rate.
September 1, 2023
The guidance is being issued as part of the IRS's efforts to provide additional certainty to states and their residents regarding the federal income tax consequences of state payments made to taxpayers.
Taxes September 1, 2023
These taxpayers now have until Feb. 15, 2024, to file various federal individual and business tax returns and make tax payments.
Payroll August 30, 2023
Under proposed changes from the Dept. of Labor, any salaried employee making less than $55,000 per year, or $1,059 per week, would be eligible for overtime. That would be a significant jump from the current cutoff at $35,568 per year.
Small Business August 30, 2023
Hurricane Idalia made landfall in Florida early Wednesday morning as a Category 3 hurricane, and with sustained winds of 125 mph or greater. As of noon Eastern time, the hurricane was still a Category 1, and moving over southern Georgia.
Taxes August 29, 2023
Under the 2015 Fixing America’s Surface Transportation (FAST) Act, the IRS can deny, revoke or limit a passport if you have a seriously delinquent tax debt.
Taxes August 29, 2023
The proposed regulations include prevailing wage and registered apprenticeship requirements for clean energy projects.
Taxes August 28, 2023
In comment letters sent to the IRS, the AICPA requested improvements be made to two tax returns pertaining to foreign trusts.
Taxes August 28, 2023
In addition to IRS representation training sessions, the partnership will enable tax professionals to explore adding new revenue streams to their practices with tax resolution services.
Accounting August 28, 2023
She has over 10 years of experience in the legislative and government relations sectors and has represented a wide range of clients, from nonprofits and associations to national corporations.
Taxes August 25, 2023
The last time the agency increased interest rates on tax overpayments and underpayments was for Q1 of this year.