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 September 12, 2022
Who Will Replace IRS Commissioner Rettig?
No IRS commissioner has served two terms since the IRS Restructuring and Reform Act of 1998 became law.
Small Business September 9, 2022
Income Tax Deductions for Start-Ups
A start-up business can claim a current deduction for qualified start-up costs if it meets two requirements, as stated by the IRS.
Sales Tax September 8, 2022
Automation Makes it Easy for Small Firms to Offer Sales Tax Compliance Services
Although sales tax is a state and local issue, it can impact businesses based in other states and even different countries.
Small Business September 8, 2022
Converting an S Corp to a C Corp
Whatever structure your clients launched with, at some point, for various reasons, changing structures may become a valid consideration.
Small Business September 8, 2022
The Work Opportunity Tax Credit for 2022 (WOTC)
The latest extension—approved as part of the Consolidated Appropriations Act (CAA)—continues the WOTC for a five-year period.
Taxes September 8, 2022
Caterpillar Settles With IRS in Back-Taxes Dispute
The company said it reached the settlement for the tax years of 2007 through 2016 without any penalties.
September 7, 2022
Tax Issues with Student Loan Forgiveness
Generally, the income is taxable in the year that the forgiveness or cancellation occurs. The creditor will
September 7, 2022
Arranging a Tax-Favored Installment Sale
With this tried-and-true tax planning technique, you can defer the tax over several years, usually reducing the overall tax bite.
Advisory September 7, 2022
Intuit and Ignition Launch Tax Planning and Advisory Proposal Templates
The Tax Planning and Advisory Proposal templates which integrate into Intuit ProConnect Group’s latest product, Intuit Tax Advisor.
September 3, 2022
Five Tax Breaks for Higher Education
It cost a pretty penny to send your kids to school, but at least the tax law affords some measure of tax relief. Here’s a roundup of five key tax breaks for higher education.
September 2, 2022
IRS Exposed Confidential Data on 120,000 Taxpayers on Open Website
The Internal Revenue Service mistakenly published confidential data for 120,000 taxpayers on its website before realizing the error and taking down the data, the Treasury Department said.
Taxes September 2, 2022
Student Loan Debt Forgiveness Will Not Be Taxed in Kentucky as Income
Loan forgiveness plan will absolve hundreds of thousands of Kentuckians of their student debt.