Accounting February 28, 2026
Voting Opens for 2026 Readers’ Choice Awards!
Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.
January 8, 2022
2022 IRS Tax Refund Dates: When to Expect Your Refund
The estimated refund date chart is below if you just want to scroll down. Most Americans who are expecting an income tax refund receive it by direct deposit in as little as 2 weeks after filing electronically.
December 22, 2021
IRS Further Extends Tax Deadlines for Those Affected by Hurricane Ida
Victims of Hurricane Ida in six states now have until Feb. 15, 2022, extended from Jan. 3, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced.
December 22, 2021
IRS Sending Letters to Advance Child Tax Credit Recipients
The IRS is urging people receiving these letters to make sure they hold onto them to assist them in preparing their 2021 federal tax returns in 2022.
December 17, 2021
3 Steps to Ensuring Small Business Sales Tax Success in 2022
The end of the year is a good time to take stock of your business, especially if you’re a small business planning to grow in 2022. A year-end review is particularly critical this year, given COVID-19 disruptions.
December 17, 2021
Kansas Considers Reducing or Exempting Groceries from Sales Taxes
Kansas is one of just a few states that taxes groceries at the full sales tax rate. That won’t be the case for much longer if Governor Laura Kelly gets her way.
December 17, 2021
2022 Tax Changes Report Shows Domestic & Global Sales Tax Trends & Updates
The disrupting effect COVID-19 has had on the economy can’t be underplayed. It’s led to factory closures and ship quarantines at port, which has clogged the global supply chain to an astonishing degree. On November 9, 2021, for example, 111 ships were ...
December 13, 2021
Sales Tax Institute Names 2021 Sales Tax Nerd Award Winner
The Sales Tax Institute has announced Iryna Soares as the recipient of the 2021 Sales Tax Nerd Award. The Sales Tax Nerd Award recognizes sales tax professionals who demonstrate a dedicated passion and commitment to the study and practice of sales tax.
December 3, 2021
How to Back Out of Wayfair: Can a Business De-Register When Sales Drop?
Once a remote seller establishes economic nexus with a state, it must register with the state tax department and begin collecting, remitting, and filing sales tax as required by law. But what happens if that same seller’s sales eventually fall beneath the state’s economic nexus threshold? Can a business cancel its sales tax registration? If...…
November 23, 2021
Dancing in the Dark: 2022 Will See Shifting Tax Regulations in the U.S. and Abroad
While there is incredible uncertainty as we move into the final months of 2021, there are a couple major events tax teams should be tracking, as their outcomes could make a big difference for the 2022 tax landscape and well beyond.
November 23, 2021
Beware of These Common Scams Over the Holidays
Taxpayers and tax professionals face a heightened risk in coming months as fraudsters continue to use the pandemic as a way of tricking people into sharing sensitive personal information by email, text message and online. Identity thieves can use that ...
November 15, 2021
Thomson Reuters Launches Determination Anywhere Platform for Indirect Tax
Determination Anywhere is a new patent-pending, cloud-based tax technology platform that sits on top of existing infrastructure – private and public cloud or on-premise solutions – enabling simplified deployment for the fastest, most accurate, and most...
November 10, 2021
IRS Adjusts Tax Rates and Deductions for TY 2022
The standard deduction for married couples filing jointly for tax year 2022 rises to $25,900 up $800 from the prior year. For single taxpayers and married individuals filing separately, the standard deduction rises to $12,950 for 2022, up $400, and for...