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Taxes

2026 Year-End Tax Planning Tips – How to Boost Your 2027 Income Tax Refund (Or Reduce What You Owe)

Financial Reporting October 25, 2026 

2026 Year-End Tax Planning Tips – How to Boost Your 2027 Income Tax Refund (Or Reduce What You Owe)

October and early November is the best time to take actions that can reduce your tax bill or increase your 2027 income refund.

Isaac M. O'Bannon

Featured Articles

October 24, 2026  

A Corrected Tax Document Arrived After Review. What Needs to Reopen?

October 24, 2026  

Offer in Compromise, Installment Agreement or Currently Not Collectible: Helping Clients Pick the Right IRS Path

October 23, 2026  

The Future of Your Tax Practice is Connected. Here’s Your Path Forward

October 23, 2026  

CCH Axcess Adds Agentic AI for Tax Preparation

October 23, 2026  

Tax Court Tears Down Deductions for Historic Structure Easements
 Missouri Streamlines Processes Utilizing Avalara’s Online Sales and Use Tax Rate Map

Sales Tax July 26, 2023 

Missouri Streamlines Processes Utilizing Avalara’s Online Sales and Use Tax Rate Map

With Avalara, Missouri provides access to current sales and use tax rates as well as special item taxes like food, domestic utilities, and more in the state.

Isaac M. O'Bannon

Online Travel Agencies Face a Virtual World of Tax Obligations

Small Business July 26, 2023 

Online Travel Agencies Face a Virtual World of Tax Obligations

In the United States alone, there are thousands of locally administered accommodations taxes. According to the State Tax Research Institute, “state and local accommodations taxes exhibit even greater diversity.” 

Gail Cole

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Accounting July 24, 2023 

Watchdog Agency Wants More Regulations on Use of AI in Lending

The CFPB has already taken steps to stamp out abuses. The agency last month proposed a rule for home appraisals computed by algorithms.

IRS Ends Unannounced Visits by Agents

Taxes July 24, 2023 

IRS Ends Unannounced Visits by Agents

Effective immediately, unannounced visits will end except in a few unique circumstances and will be replaced with mailed letters to schedule meetings.

Isaac M. O'Bannon

Atlanta Businessman Sentenced to 5 Years for Bribery and Tax Evasion

Accounting July 24, 2023 

Atlanta Businessman Sentenced to 5 Years for Bribery and Tax Evasion

The man was sentenced to five years in prison for paying bribes to two city of Atlanta officials in exchange for steering city business worth millions of dollars to his company.

Isaac M. O'Bannon

Vertex Indirect Tax Determination Solution is Now an SAP Endorsed App on SAP Store

Taxes July 24, 2023 

Vertex Indirect Tax Determination Solution is Now an SAP Endorsed App on SAP Store

Endorsed Apps are selected by SAP for the value they provide to their customers and the proven ability to deliver desired outcomes.

Isaac M. O'Bannon

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Payroll July 23, 2023 

Colorado Businessman Gets 15 Months for $737K Employment Tax Evasion

A Colorado man has been sentenced to 15 months in prison for evading the payment of more than $700,000 in employment taxes he owed to the IRS.

Isaac M. O'Bannon

 Pop Star Shakira to Face Second Tax Fraud Probe in Spain

Taxes July 21, 2023 

Pop Star Shakira to Face Second Tax Fraud Probe in Spain

The singer will soon stand trial for allegedly failing to pay 14.5 million euros ($13.9 million) in taxes between 2012 and 2014.

SALT Shakes Up House Republican Tax Package Discussions

Taxes July 20, 2023 

SALT Shakes Up House Republican Tax Package Discussions

House Republicans pushing to force relief from the $10,000 state and local tax cap could be a major challenge to GOP leadership.

charitable-giving-100333696-l1

Accounting July 20, 2023 

Centri Business Consulting Hosts Community Collaboration Day

The Community Collaboration Day saw the Centri team donate 637 hours of time and over $20,000 to local nonprofits across the company’s footprint in Boston, Denver, New York City, Philadelphia, Raleigh, Tampa and Tysons Corner.

Isaac M. O'Bannon

Bipartisan House Efforts on Child Tax Credit Start to Take Shape

Taxes July 19, 2023 

Bipartisan House Efforts on Child Tax Credit Start to Take Shape

The Problem Solvers Caucus, a group of GOP and Democratic lawmakers, plans to work on issues associated with the credit.

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Taxes July 19, 2023 

Tax Issues When Selling a House After a Divorce

What are the tax consequences regarding a home sale if you and your spouse split up or divorce?

Ken Berry, JD

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