IRS July 31, 2026
“This bipartisan bill modernizes and streamlines IRS operations, strengthens taxpayer rights, and delivers a more taxpayer-first system,” Senate Finance Chairman Michael Crapo, R-Idaho, said.
August 30, 2022
Conspired to prepare and file with the IRS a series of false and fraudulent income tax returns on behalf of at least nine professional athletes.
August 30, 2022
Convicted of criminal contempt for continuing to prepare and file tax returns with the IRS in violation of a federal court order barring him from doing so.
August 30, 2022
In a statement, AICPA president and CEO, Barry Melancon, CPA, CGMA, addressed various false claims about militarization of the agency ...
Advisory August 30, 2022
ITA generates client-friendly reports with recommendations that are personalized for estimated tax savings strategies.
Taxes August 29, 2022
Officials in New York said Monday that the canceled student debt will not be taxable in the Empire State.
Taxes August 29, 2022
Taxpayers in those states with $10,000 in forgiven debt could owe hundreds of extra dollars on their state tax returns.
August 29, 2022
The AICPA requested guidance in several key areas related to employees working remotely and offering recommendations regarding the taxation of payments related to remote work.
August 29, 2022
Updates to the SSTSs will better reflect the issues and needs of members and the tax practices of today and in the future.
Accounting August 29, 2022
The AICPA is requesting that the question can be clarified before the 2022 forms are finalized in order to provide greater certainty to taxpayers and their preparers and to ...
Taxes August 26, 2022
The Inflation Reduction Act only offers tax credits on electric vehicles assembled in North America.
Taxes August 26, 2022
The IRS, which has about 600 facilities nationwide, has become a target of GOP lawmakers in recent weeks.
August 25, 2022
If approved, the regulations are expected to significantly reduce vehicle carbon dioxide emissions, as well as smog-forming nitrogen oxides over the next two decades. It could also lead the way in transforming America’s aging fleet of gasoline-powered automobiles.