Taxes June 25, 2025
The agency said it's aware of a delay in processing some electronic payments and that some taxpayers are receiving IRS notices indicating a balance due even though payments were made on time.
Taxes June 23, 2025
Victims of severe storms that produced flooding and damaging winds in areas of Texas and Mississippi in mid- to late March have more time to file various federal individual and business tax returns and make tax payments, the IRS said.
Taxes June 23, 2025
Improvements made to the IRS Pre-Filing Agreement program will provide greater tax certainty for large business and international taxpayers, the agency announced on June 17.
Income Tax June 23, 2025
The tax shelter involved concealing income and creating false tax deductions through the use of a so-called business trust, family trust, charitable trust and a private family foundation.
Taxes June 23, 2025
The Senate draft highlights key differences from the House-passed bill, such as permanent extensions on many corporate tax provisions, modifications to international rules, and a limited expansion of the SALT deduction.
Taxes June 18, 2025
Following the release of the reconciliation bill by the Senate, the AICPA has identified several provisions it supports.
Taxes June 17, 2025
Despite changes from the Tax Cuts and Jobs Act (TCJA), military personnel may still claim a deduction for job-related moving expenses. But simply working for the armed forces doesn’t command a deduction.
Taxes June 17, 2025
The proposal, which follows the House’s narrow passage of its own version in May, includes sweeping changes to the tax code.
Technology June 11, 2025
Sovos' Sales and Use Tax Filing solution is integrated with Shopify Tax, offering merchants a more streamlined experience when it comes to managing their sales tax compliance.
Taxes June 10, 2025
Those impacted by the wildfires that destroyed at least 530 homes and businesses in parts of Oklahoma last March will now have until Nov. 3, 2025, to file various federal individual and business tax returns and make tax payments.
Technology June 9, 2025
The tax management platform announced on June 9 the launch of its artificial intelligence-driven tax reports, designed to enhance how business owners and individuals make tax decisions and maximize tax savings.
Taxes June 5, 2025
The IRS just released its annual “Data Book” providing vital information about the agency’s activities for its 2024 fiscal year (FY2024) spanning October 1, 2023, through September 30, 2024 .