Special Section: Guide to 2025 Tax Changes December 23, 2025
This series of articles spotlights key tax issues and changes made to tax law in 2025 that will affect the 2026 income tax filing season and the years to come, as a result of the One Big Beautiful Bill Act.
December 23, 2025
December 23, 2025
December 23, 2025
December 22, 2025
December 22, 2025
September 1, 2015
The IRS’s processing of tax returns that reported or claimed Premium Tax Credits (PTC) during the 2015 filing season was challenged by delays in receiving data from some Health Insurance Marketplaces (Exchanges), according to ...
September 1, 2015
Who can you trust with sensitive personal information like your Social Security number (SSN) and tax return data? Evidently, not even the people who used to work at the IRS. In a new case, a former IRS employee was sentenced on August 26 to two years ...
September 1, 2015
Over the past four fiscal years (2011 through 2014), the IRS has received approximately $114 million in proceeds from the sale of seized taxpayer assets. This audit was initiated to analyze the IRS’s seizure and sale program to determine whether the ...
August 28, 2015
Donald Trump, the billionaire frontrunner for the Republican Party’s nomination for president in 2016, says he wants to cut taxes for the middle class. And if that ends up increasing the tax burden for the wealthiest Americans, including himself, so be it
August 28, 2015
Here is a list of the top regulatory issues that impacted businesses this summer and will continue to have an effect in the year ahead, according to Paychex, a provider of payroll, human resource, insurance, and benefits ...
August 28, 2015
The Statistics of Income (SOI) Division produces this online Bulletin quarterly. Articles provide the most recent data available from various tax and information returns filed by U.S. taxpayers.
August 28, 2015
The number of health plans affected by the Cadillac tax is projected to grow steadily in the future. Absent any changes, the Kaiser report shows that 30 percent of the plans could be liable for the tax five years after it kicks in and 42 percent ...
August 26, 2015
The IRS needs to lose this case for the callous way they disregarded the importance of safeguarding taxpayer information from data thieves, and because it would finally set a legal precedent for organizations to be held fiscally responsible for losses ...
August 26, 2015
Understanding the deductibility of school costs for children can be challenging. That’s one reason why back-to-school season is a good time to check in with your clients who have kids. It’s an opportunity to combine your mid-year tax planning with a remin
August 24, 2015
No matter how you personally feel on the subject, the reality is that legal Cannabis is becoming a booming business, ripe with opportunities for an accounting practice to work and consult with businesses in the marketplace on a full range of tax ...
August 24, 2015
The system includes a new web-based interface and more search options and the ability to receive automatic delivery of access links to the latest sales tax rates, helping provide accurate sales and use tax rates when and where they are needed.
August 24, 2015
If more than half of the employees are furnished meals for the employer’s convenience, the meals for all employees are treated as being furnished for the employer’s convenience, even if the rest of the employees don’t meet this test. This rule could be cr