October 26, 2022
AICPA Applauds IRS Warning of ERC Mills and Anonymous Reporting Process
The ERC was established nearly three years ago as part of a larger COVID-19 relief package in an effort to help businesses pull through the pandemic.
October 26, 2022
Corvee Adds Tax Planning Strategies Library to Website
The tax planning strategy library is ever-growing as the Corvee team of tax experts continues to analyze the tax code for tax-saving opportunities.
Taxes October 25, 2022
7 Jurors Seated in Trump Organization Tax Fraud Trial
Prosecutors say the Trump Org and its sister payroll company disguised millions in taxable income for 15 years.
Taxes October 24, 2022
Trump Firm’s Tax Fraud Trial Promises Ex-CFO as Star Witness
Allen Weisselberg, who worked with the Trump family for five decades, was the company's accounting chief.
October 18, 2022
PALs May Not Be Your Friend – Rental Property Tax Tips
If you own investment real estate that you rent out to tenants—for example, an apartment building—it can be a steady source of annual income.
October 18, 2022
Working Out a 1031 Exchange of Real Estate
You can still avoid current capital gains tax when you exchange one real estate property for another, or as a result of an exchange involving multiple parties, as long as certain requirements are met.
October 17, 2022
Student Loan Forgiveness Website Opens
The U.S. Department of Education has officially launched a website accepting applications for student loan forgiveness.
October 17, 2022
Rydoo and Blue dot Partner to Provide Tax Automation Solution for Corporate VAT and Employee Benefits Reclaim
The partnership offers an AI powered solution empowering Rydoo customers with unprecedented visibility and control within the Rydoo workflow,
October 14, 2022
How IRS Changes Impact the Tax and Accounting Profession
The IRS is about to expand by hiring 87,000 more agents via the newly signed into law Inflation Reduction Act.
October 14, 2022
IRS Sending Letters to 9 Million Americans Still Eligible for Stimulus Payments, EITC, and Child Tax Credits
The IRS is sending letters to more than 9 million individuals and families who appear to qualify for a variety of key tax benefits but did not claim them by filing a ...
October 13, 2022
Hurricane Ian and Taxes: How CPAs and Tax Pros Can Help Their Clients
With the IRS providing tax relief for victims of Hurricane Ian, CPAs and other advisors are likely to get hit with questions. Here’s everything you need to know to help your impacted clients get the financial relief they need.
October 12, 2022
EY Announces Appointment of Kevin Flynn as Americas Vice Chair of Tax
Flynn is based in San Francisco and will oversee tax strategy and all client services, leading a group of more than 18,000 people across Canada; the United States ...