Taxes
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
SafeSend Unveils New AI-Powered Tools for Tax and Accounting Professionals
SafeSend's Next Gen Gather AI feature aims to create a new standard for the "Tax Ready" process by addressing these critical issues.
TaxPlanIQ Users Have Achieved Over $1B in Tax Savings with Tax Planning Software
Each taxpayer saves an average of $41,700 through the firm’s use of TaxPlanIQ’s advanced tax planning software.
AICPA Endorses Provisions of Tax Administration Simplification Act
The AICPA expressed its endorsement of provisions of H.R. 8864, the Tax Administration Simplification Act, which would apply the mailbox rule to electronically submitted tax returns and payments.
AICPA Offers Comments to IRS on Domestic Content Bonus Credit Requirements
Per the interim guidance, to qualify for the DCBC, customers will need to know the exact amount of the manufactured product and components costs and which components are domestically produced.
More than 1,000 IRS Employees Were Delinquent or Noncompliant on Their 2023 Income Taxes
Between October 1, 2021, and April 1, 2023, the IRS closed 1,175 cases with disciplinary actions, for 1,068 current employees, with confirmed tax noncompliance issues.
IRS Updates Clean Vehicle Tax Credit FAQs
The updated FAQs, issued July 26, pertain to the New, Previously Owned, and Qualified Commercial Clean Vehicle Credits.
IRS Chief Receives NATP’s Inaugural Vanguard Award
Danny Werfel received this first-ever award from the National Association of Tax Professionals during Taxposium 2024 in Orlando.
IRS Shares Five New Warning Signs of Incorrect ERC Claims
These red flags come from common issues that IRS compliance teams have seen while analyzing and processing ERC claims.