May 24, 2023
The American Institute of CPAs (AICPA) has endorsed bipartisan legislation introduced by Representatives Judy Chu (D-CA) and Mike Carey (R-OH) to simplify the tax filing extension process.
Taxes May 24, 2023
As of March 2, the IRS flagged 1.1 million tax returns with $6.3 billion in refunds for potential identity fraud, said TIGTA in a new report.
Small Business May 23, 2023
New Jersey is home to the nation’s highest property taxes, with the average bill hitting a record $9,490 in 2022.
Accounting May 22, 2023
The survey found that organizations are prioritizing cost management and financial performance over other areas like talent and labor.
Technology May 22, 2023
The ban on data transfers was widely expected and once prompted the U.S. firm to threaten a total withdrawal from the EU.
Taxes May 22, 2023
What if the IRS was more digitized? Well, they’re trying to do just that.
Payroll May 18, 2023
A debt default would almost certainly mean severe disruption for the economy, with the ripple effects taking their toll on the housing market.
Taxes May 17, 2023
Deena Vang Lee, a former IRS employee in Fresno, CA, and private tax preparer, received four years and six months in prison.
Small Business May 17, 2023
South Dakota’s state sales and use tax rate will drop from 4.5% to 4.2% starting July 1, 2023.
Taxes May 17, 2023
A personal property rendition is a report that lists all business assets (personal property) that are subject to personal property tax, which is typically all tangible personal property unless a specific exemption applies.
Taxes May 16, 2023
Adhere strictly to the substantiation rules for charitable donations. A deduction worth thousands of tax dollars could be at stake.
Accounting May 16, 2023
U.S. regulators are ratcheting up oversight efforts across the banking system as they lack the ability to quickly overhaul rules to blunt turmoil that’s already collapsed four mid-sized lenders.