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.
Small Business August 27, 2024
Are Your Clients Compliant with Tangible Personal Property Taxes?
Almost every state has rules about the taxability of goods and services, and the complexity of those rules affects a lot of business owners and CFOs daily. But a tax on tangible personal property can be just as confusing.
Taxes August 27, 2024
Opinion: Trump and Harris Proposals Would Make Our Tipping Culture Worse
Plans to exempt tips from federal income taxes would be bad news for customers—and perhaps even for tipped workers themselves.
Payroll August 27, 2024
1 in 3 Borrowers Have Slowed Student Loan Repayments, Survey Finds
Some borrowers may be forgoing the proper channels and stopping repayment entirely in hopes of student loan forgiveness.
Taxes August 26, 2024
U.S. Taxpayers in Puerto Rico Get Relief Due to Tropical Storm Ernesto
These taxpayers now have until Feb. 3, 2025, to file various federal individual and business tax returns and make tax payments. The IRS is offering relief to any area designated by the Federal Emergency Management Agency (FEMA).
Small Business August 26, 2024
Why Sales Taxes Are Often Different for Takeout, Delivery and In-Restaurant Food
Sales tax typically applies to both dine-in and takeout food in Colorado, Florida, Indiana, Kentucky, New York, Texas, and Wisconsin, at least if it’s from a restaurant.
Small Business August 25, 2024
Taxes on Digital Products Vary Widely – A State-by-State Guide
Some states don’t tax digital products because they’re intangible, while others treat intangible goods as taxable tangible personal property because they can be seen or experienced.
Taxes August 23, 2024
New Jersey Drivers Could Write Off Their E-ZPass Tolls if Bill is Passed
If approved and signed in to law, New Jersey would extend a benefit to taxpayers that few states have and the IRS doesn’t allow.
Taxes August 22, 2024
IRS Highlights New Payment Options Within Business Tax Account Tool
Business tax account was launched last October as part of the agency's service improvement initiative under the Inflation Reduction Act.
Taxes August 22, 2024
Study: Charitable Giving Dropped By $20 Billion in First Year of TCJA
The researchers say that charitable giving fell in 2018 because of the law's change to the standard deduction for income taxes.
Taxes August 22, 2024
Interest Rates to Stay Unchanged for Q4 of 2024, IRS Says
Starting on Oct. 1, the rate for tax overpayments and underpayments for individuals will be 8% per year, compounded daily.
Taxes August 21, 2024
Tax Court Rules on Losses from Rental Activities
The tax court judge figured out that the husband would have had to work 40 hours at his regular job and 48 hours a week on the real estate activity.
Taxes August 21, 2024
New Tax Industry Task Force Aims to Crack Down on Scams
The Coalition Against Scam and Scheme Threats is comprised of the IRS, state tax agencies, tax software firms, associations, and others.