Income Tax
Latest News
Zone & Co Launches ZoneBilling AI Assistant
IRS Extends Tax Deadlines Until May For Helene Victims
Avantax Acquires SEP Financial Services
Sovos Launches Indirect Tax Suite for SAP, Enhances Clean Core Readiness
IRS Plans to Stop Basis Shifting Transactions
Cracking down on this tax loophole used by the wealthy could raise more than $50 billion in revenue over 10 years, Treasury said June 17.
Didn’t Get Your Employee Retention Credit? You Can Sue the IRS
The tax agency is plagued with backlogs in processing employee retention tax credits, and the lawsuits are springing forth.
Trump Plan to End Taxes on Tips Garners Capitol Hill Interest
Many Republicans said the idea had merit and should be discussed, and Democrats were reluctant to dismiss the idea outright.
Trump Tells CEOs He Would Cut Corporate Tax Rate to 20%
Trump pitched his support for cutting the business tax rate during a private meeting in Washington Thursday with roughly 100 CEOs.
Trump Floats Tax-Free Tips in Pitch to Win Las Vegas Workers
Trump’s latest tax-cut pledge signaled a bid to appeal to Nevada’s service industry dominated by young workers and people of color.
Has America’s Tax-Cut Era Outlasted Its Welcome?
Opinion: Tax cuts aren't cures. What's needed is the courage to reform an unfair, unbalanced and underperforming tax system.
Review of Black Ore Tax Autopilot- The Accounting Technology Lab Podcast – June 2024
Hosts Randy Johnston and Brian Tankersley, CPA, review Black Ore Tax Autopilot, an AI tax prep system for CPAs, which features complete 1040 tax preparation automation.
House Republican ‘Tax Teams’ In Spotlight As Major Provisions Are Set to Expire
Unlike earlier iterations of working groups leading up to the 2017 tax law, the House Ways and Means tax teams are Republican-only.