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
Opinion: Some of Trump’s Tax Cuts Worked, But at What Cost?
Donald Trump’s 2017 Tax Cuts and Jobs Act was the biggest corporate tax cut in U.S. history. But how has it affected the economy?
Supreme Court Rules Against Popular Tax Exempt Business Transfers
The decision in Connelly v. United States last month impacts certain types of smaller businesses, in particular closely held companies.
KPMG and Avalara Form Alliance for Tax Compliance Automation
The new alliance allows organizations to leverage the combined power of Avalara’s compliance automation technology – including indirect tax calculation, returns, exemption certificate management, cross-border compliance, e-invoicing, and registrations.
Ex-Trump CFO Allen Weisselberg Released Early From Rikers
Weisselberg, who was sentenced to five months in jail earlier this year after pleading guilty to perjury, was freed for good behavior.
Joe Biden Withdraws from Presidential Race: Harris Campaign Expected to Keep Tax Proposals
President Joe Biden announced Sunday that he will step aside as the Democratic presidential nominee and endorsed Vice President Kamala Harris to lead the ticket and face former President Donald Trump in November.
IRS Adds Extra Security Measures to Access FATCA Site
As of July 14, taxpayers must sign in or register with either Login.gov or ID.me to access the FATCA registration system.
Federal Court Shuts Down New York Tax Preparer
A federal court in the Eastern District of New York issued a permanent injunction yesterday against a Brooklyn, New York, tax return preparer.
AICPA Requests Clarification on Corporate AMT Form 4626, Part V
The clarification would ensure that corporations that have already determined themselves to be an “applicable corporation” for purposes of the CAMT may skip Form 4626, Part V.