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
Maine Man Gets 33 Months in Prison for Misusing PPP Funds
He admitting using more than $300,000 from two loan programs authorized by Congress during the COVID-19 pandemic for bail on a theft charge in Florida.
Five Reasons Cannabis Organizations Should Outsource Their Accounting in 2023
Outsourcing accounting functions not only simplifies their financial responsibilities and allows them to focus on other business functions, but also strengthens compliance with tax and legal regulations.
Supreme Court Shoots Down Appeal on Use of COVID Aid for Tax Cuts
Several GOP-led states sued after President Biden signed the American Rescue Plan Act into law in 2021.
Abolish Income Taxes? Idea Gains Some Traction in Congress
House Republicans recently introduced “Fair Tax” legislation that will likely stall in the Senate.
Will the Increase in the Teacher Tax Deduction Really Help Educators Much?
Tax pros and educators agree: Even with this year’s increase from $250 to $300, the deduction falls short.
Tax Pros Help Clients Deal with Smaller Refunds
Refund amounts are expected to fall this year due to the end of pandemic-related tax breaks.
The Tax Blotter – Jan. 20, 2023
The tax law provides generous tax breaks to investors in real estate, but there are several key tax pitfalls to watch out for.
As U.S. Hits Debt Limit, Treasury Starts “Special Measures”
The Treasury Department is beginning the use of special measures to avoid a U.S. payments default, after the federal debt limit was reached Thursday.