September 1, 2023
The guidance is being issued as part of the IRS's efforts to provide additional certainty to states and their residents regarding the federal income tax consequences of state payments made to taxpayers.
Taxes September 1, 2023
These taxpayers now have until Feb. 15, 2024, to file various federal individual and business tax returns and make tax payments.
Small Business August 30, 2023
Hurricane Idalia made landfall in Florida early Wednesday morning as a Category 3 hurricane, and with sustained winds of 125 mph or greater. As of noon Eastern time, the hurricane was still a Category 1, and moving over southern Georgia.
Taxes August 29, 2023
The proposed regulations include prevailing wage and registered apprenticeship requirements for clean energy projects.
Taxes August 28, 2023
In comment letters sent to the IRS, the AICPA requested improvements be made to two tax returns pertaining to foreign trusts.
Taxes August 25, 2023
The last time the agency increased interest rates on tax overpayments and underpayments was for Q1 of this year.
Taxes August 25, 2023
The proposed regulations are viewed by backers as critical to policing a largely unregulated sector plagued by tax avoidance.
Taxes August 23, 2023
11 candidates' positions on issues such as the Trump tax cuts, trade with China, energy, banking, Federal Reserve, and inflation.
Taxes August 22, 2023
The heavy highway vehicle use tax is an annual federal excise tax on heavy highway motor vehicles operating on public highways.
Taxes August 21, 2023
A new survey shows the most urgent workflow challenges faced by tax professionals at large U.S. corporations may be alleviated by the optimization of workpapers processes and tools.
Small Business August 21, 2023
As stewards of financial integrity, CPAs bear the responsibility of preparing businesses for unforeseen challenges.
Taxes August 21, 2023
1031 exchanges continue to be popular with landowners because of their ability to maximize value for landowners while ensuring a more favorable post-tax financial outcome.