IRS February 9, 2026
The IRS has expanded Tax Pro Account, unveiling business-level digital capabilities for tax practitioners who work in tax preparation companies, accounting firms, or other organizations, the agency announced on Feb. 9.
February 9, 2026
February 6, 2026
February 6, 2026
September 16, 2014
The American Institute of CPAs (AICPA) is urging Congress “to immediately address the fifty-seven tax provisions that expired at the end of 2013 and the six tax provisions that expire at the end of 2014.” Congress began consideration of extenders legislation earlier this year, the AICPA wrote in its September 15 letter, but “America’s businesses...…
September 16, 2014
The Internal Revenue Service has released a new YouTube video encouraging taxpayers to learn about the Taxpayer Bill of Rights.
September 16, 2014
Where the IRS is concerned, there’s no such thing as a free lunch. However, your clients may be able to deduct costs of certain meals, including lunches, if they meet the tax law requirements. Generally, write-offs for such meals are limited to 50% of the
September 16, 2014
The accounting firm of McGladrey LLP will acquire the assets of Battelle Rippe Kingston LLP, a Certified Public Accounting firm offering services in the fields of assurance, tax and consulting in Southwest Ohio. The closing is expected to occur on Nov. 1,
September 14, 2014
The Internal Revenue Service (IRS) is not processing complaints against tax preparers in a timely manner, according to the latest report publicly from the Treasury Inspector General for Tax Administration (TIGTA).
September 14, 2014
[This is part of a series of articles on maximizing deductions for travel and entertainment (T&E) expenses.] Normally, you can’t deduct the cost of traveling between your home and your job, even though the travel is, in reality, business-related. The IRS considers “commuting” to be a nondeductible personal expense. However, if you qualify under the IRS’...…
September 12, 2014
The sales and use tax audit could possibly be one of the biggest challenges that your business clients will face. If you are working with a client who has been selected for an audit, you are now tasked with proving that the client remitted the correct amount of sales tax to the state Department of…
September 12, 2014
Historically, a business' gross revenues follow seasonal patterns and even a small change in gross revenue should result in a small change in the associated accounts. In an attempt to discover why one established contractor was selected for audit, I reviewed their sales tax filings and created the below table.
September 12, 2014
Bloomberg BNA has made significant enhancements to its Premier International Tax Library, a comprehensive resource for international tax research that helps practitioners make more informed business decisions and provide value-added tax guidance.
September 12, 2014
The U.S. job market has steadily improved by pretty much every gauge except the one Americans probably care about most: Pay.
September 12, 2014
Seven in ten Americans support legislation requiring sales-tax collection at the time of purchase, according to a poll of 1,016 U.S. consumers conducted for the International Council of Shopping Centers.
September 11, 2014
A bipartisan majority of the U.S. House of Representatives – 233 members – have signed a letter urging the House leadership to preserve the cash method of accounting for tax purposes, writing that proposals requiring a transition to the accrual method ...