Taxes December 19, 2025
2025-2026 Tax Season Guide to OBBBA Tax Law Changes – SPECIAL SERIES
This series of articles spotlights key tax issues and changes made to tax law in 2025 and the years to come as a result of the OBBBA.
IRS November 25, 2024
IRS to Host Virtual Focus Groups on the Business Tax Account Online Tool
The virtual focus groups, which will be held next month, are a way for the agency to gather feedback on the online self-service tool.
Accounting November 25, 2024
CPE Sessions Announced for Ensuring Success
On Dec. 18-19, professionals can earn up to 14 hours of free CPE credit, with 7 sessions each day. Pick the ones you want or stay for all of them.
Taxes November 25, 2024
Newsom: California Will Offer EV Rebates if Trump Cuts Federal Tax Credit
Experts expect the Trump administration to reform, rather than eliminate, the $7,500 tax credit under the Inflation Reduction Act.
Taxes November 25, 2024
Bloomberg Tax & Accounting’s Compliance Tracker Expands Global and Indirect Tax Capabilities
Compliance Tracker users can now track and collaborate on filing activities for income tax obligations in over 200 countries.
Legislation November 25, 2024
Trump Vows 25% Tariffs on Canada and Mexico, and 10% More on China on ‘Day One’
Trump said he would impose additional 10% tariffs on goods from China and 25% tariffs on all products from Mexico and Canada in posts to his Truth Social network on Monday that sent the dollar higher and equities lower.
Taxes November 24, 2024
IRS ‘Get Ready’ Campaign Helps Taxpayers Prepare for Filing Season
As the nation's tax season approaches, the Internal Revenue Service is offering a variety of simple steps taxpayers can take now to prepare to file their 2024 federal tax returns.
Taxes November 23, 2024
Trump Nominates Hedge Fund Exec Bessent to Lead Treasury Department
Donald Trump has nominated Scott Bessent, the founder of Key Square Group, a global investment firm. The 62 year-old Yale alum served as an economic advisor during Trump's first administration, and a major campaign fundraiser and donor.
Taxes November 22, 2024
Top Hyundai Exec Says EVs Are ‘the Future’ Even if Trump Kills Tax Credit
“We are not planning our business based on tax credits,” José Muñoz, Hyundai North America’s chief executive, said Thursday.
November 22, 2024
Review of Blue J – The Accounting Technology Lab Podcast – Nov. 2024
Brian Tankersley, CPA, and Randy Johnston review Blue J, a generative AI platform for tax experts. With Blue J, professionals can complete hours of tax research in seconds.
Taxes November 22, 2024
The Tax Blotter – Nov. 2024
The Tax Blotter is a selection of briefs on the latest tax legislation and Tax Court rulings.
Taxes November 21, 2024
Starting in 2025, the IRS Will Accept Duplicate Dependent Returns With an IP PIN
Filers who claim tax credits like the Earned Income Tax Credit and Child Tax Credit will especially benefit from this change, the IRS said.
Taxes November 21, 2024
House Tax-Exempt Crackdown Bill Passes Despite Democrat Defections
Fears of a vengeful Donald Trump caused dozens of House Democrats to rethink prior support for the legislation.