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.
Sales Tax August 7, 2025
Sales Tax Risk: What Every CFO Should Know Before It Hits Your Bottom Line
Sales tax risk is a silent disruptor. For finance leaders, it’s about time lost, strategic momentum drained, and avoidable exposure creeping in. But it doesn’t have to be.
Taxes August 7, 2025
insightsoftware and Orbitax Partner for Tax Reporting and Pillar Two Compliance
Multinational tax teams face mounting pressure to manage increasingly complex compliance requirements while maintaining accuracy in their tax provisions.
Taxes August 6, 2025
Ex-GOP House Speaker Likens Trump’s Economy to ‘Driving the Car with Two Feet’
Former Republican House Speaker Paul Ryan discussed President Donald Trump’s tariff agenda during a TV appearance on Aug. 5, warning that he sees “choppy waters ahead.”
Taxes August 5, 2025
Ted Cruz Pushes to Save Poker Pros From Surprise Tax Hit in Trump’s One Big Beautiful Bill Act
The Republican Texas senator has joined with Nevada Democrats on legislation to restore the full deductibility of losses, saying it’s a matter of basic fairness for professional players who depend on their winnings to pay their bills.
Taxes August 5, 2025
States Scramble to Complete Renewable Energy Projects Before Tax Credits Expire
Politicians and state leaders say they're focused on fast-tracking permitting decisions and working with regulators to ensure projects can connect to the grid before the tax credits phase out.
Taxes August 5, 2025
If You’re a Fan of Sports Betting or Casino Gambling, You Won’t Be a Fan of a New Trump Tax Law Provision
Taxpayers shouldn’t bet the house that this recent tax change will be reversed and should instead prepare for their betting income to receive a different tax treatment starting next year.
Legislation August 5, 2025
Big Beautiful Bureaucratic Headaches
The One Big Beautiful Bill Act (OBBBA) imposes costly new recordkeeping and administrative requirements on the states and counties that are often the ones who deliver various federal aid programs.
Taxes August 5, 2025
Sen. Josh Hawley Wants $600 Tax Credits for Most Americans But Will Likely Run Into GOP Pushback
The Missouri Republican proposes refundable tax credits of at least $600 per adult and dependent child. The credits would phase out for incomes exceeding $75,000 for singles and $150,000 for joint filers.
Taxes August 5, 2025
Kiddie Tax 101: What Is It, How Does It Work, and Who Has to Pay It?
The kiddie tax was established almost 40 years ago to prevent parents from avoiding taxes by transferring large gifts of investment assets to their children.
Taxes August 5, 2025
Republicans Betting Trump Tax Law’s Business Provisions Trigger Boon
Three tax provisions intensely sought by business interests carry a heavy share of hopes by Republicans, like Rep. Kevin Hern of Oklahoma, that their "big, beautiful bill" will trigger one big, beautiful boon in the U.S. economy.
Taxes August 5, 2025
AICPA Seeks Guidance on Small Business Taxpayer Domestic Research Costs, Enacted in H.R. 1
The AICPA notes that the issue raised in the letter requires immediate consideration as many eligible taxpayers have not yet filed their income tax returns for the 2024 income tax filing period.
Taxes August 5, 2025
Workers Cautiously Embrace No Tax on Tips and Overtime
Workers are cautiously optimistic about the tax code changes in the One Big Beautiful Bill Act, which allow some to deduct tips and overtime pay from their income up to certain limits.