Income Tax July 22, 2026
Seven Form 990 Red Flags CPAs Should Not Ignore
A difference in wording is not necessarily a problem. Yet at the same time, a material change in purpose or activity may be.
Accounting Technology Lab Podcast September 11, 2025
Overview of Blue J AI Tax Research – The Accounting Technology Lab Podcast – Sept. 2025
Randy Johnston and Brian Tankersley, CPA, take a look at the Blue J AI-powered professional tax research platform. Blue J’s generative AI solution is designed to be conversational. Getting comprehensive, human-like answers to your tax questions is as fast and easy as asking a colleague, making it a resource your team will actually want to...…
Taxes September 11, 2025
2025 Child Tax Credit – New Changes Coming Under Trump Tax Law
The CTC is now bigger and better—permanently. The new also retains a special tax credit for non-child dependents.
Taxes September 11, 2025
Teacher Tax Credit Changes Under 2025 Trump Tax Law – OBBBA
The deduction isn’t just for teachers (although they are the most common benefactors). It may also be claimed by someone who works as an instructor, counselor, principal, or aide for students in K-12.
Special Section: Guide to 2025 Tax Changes September 11, 2025
Three Education Tax Breaks in the New Tax Rules – OBBBA Tax Law Changes
The new “One Big Beautiful Bill Act” (OBBBA) is enhancing several tax breaks relating to education in addition to increasing family tax credits for raising young children.
Taxes September 10, 2025
Ending Tax Break for Litigation Funders, Other Proposals Cut From OBBBA May Return to Congress
Several legislative initiatives—like tort reform, limiting state regulation of AI, and fixing the PBM (pharmacy benefit manager) system—were left on the cutting-room floor and could be brought back in the months ahead.
Taxes September 9, 2025
Supreme Court to Decide Challenge to Trump’s Tariff Power
The justices announced they will hear oral arguments in November on the Trump administration request to overturn lower court rulings that found the president exceeded his authority with his “Liberation Day” and other tariffs on countries worldwide.
Taxes September 9, 2025
IRS Has Doled Out $162M in Penalties to Taxpayers Over False Tax Credit Claims Linked to Bad Social Media Advice
Thousands of taxpayers have filed inaccurate or frivolous returns that falsely claim the Fuel Tax Credit and the Sick and Family Leave Credit, often resulting in the denial of refunds and steep penalties, the IRS said Sept. 8.
Payroll September 9, 2025
What is the IRS Rule of 55 and How Does it Work?
The rule of 55 can benefit workers who have an employer-sponsored retirement account and are looking to retire early or need access to the funds if they’ve lost their job near the end of their career.
Taxes September 9, 2025
Learn All About the New Educator Deduction Under the OBBBA Tax Law Changes
Beginning in 2026, the OBBBA rewrites the rules for the educator expense deduction. Notably, the new law removes the $300 cap, but requires taxpayers to claim the write-off as an itemized deduction.
Taxes September 9, 2025
Why Rapid Growth in Tax and Accounting Demands AI-Driven Sales Tax Compliance
Artificial intelligence is reshaping how compliance is managed, automating tasks once done manually and offering predictive insights. For businesses, the message is clear: adapt now or face greater risk.
Taxes September 9, 2025
IRS Decides to Shutter Nine Taxpayer Assistance Centers
The IRS is reportedly closing nine taxpayer assistance centers in six states later this year in an apparent cost-savings move, as the agency faces a potentially smaller budget for fiscal year 2026.
Taxes September 8, 2025
U.S. May Have to Refund Half Its Tariffs If Supreme Court Deems Them Illegal, Bessent Says
Aides to President Donald Trump have been exploring alternative methods for imposing import taxes on foreign goods in case courts overturn the current tariffs.