Taxes

Taxes January 27, 2025 

The pledge to end taxes on tipped income, first introduced over the summer at a rally in service industry-reliant Las Vegas, became a key pitch in his winning presidential campaign.

Firm Management January 24, 2025 

If you move quickly now, there is still much you can do to make sure your team has the resources and mindset to tackle this intense work period with gusto and help your CPA firm deliver high-quality service to clients.

Steve Saah

Taxes January 23, 2025 

If you’re a frequent or sizable donor to a charitable organization, you may be recognized with membership in a special group or level. However, simply attaining that status and being acknowledged for it does not, on its own, warrant any charitable deduction.

JD, Ken Berry, JD

IRS January 22, 2025 

Melanie Lauridsen, AICPA vice president of tax policy and advocacy, wrote on LinkedIn Tuesday that President Donald Trump's executive order halting the hiring of federal workers poses "no concern" to the IRS as the agency has already brought seasonal workers aboard for the 2025 tax season, which begins on Jan. 27.

Jason Bramwell

Taxes January 22, 2025 

Sen. Bernie Moreno, a newly elected Ohio Republican, introduced his first piece of legislation on Tuesday—a bill aimed at funding the External Revenue Service that President Donald Trump has promised to create.

Taxes January 22, 2025 

The Senators also claimed Bessent, "... avoided paying nearly $1 million in Medicare taxes on your hedge fund earnings over the course of three years by reporting on your tax returns that you were a “limited partner” ...

Isaac M. O'Bannon

Small Business January 21, 2025 

A handful of home rule states − Colorado, Alabama, Louisiana, Arizona, and Alaska – are making moves toward simplification. Still, businesses selling into home rule states continue to face an onerous tax compliance burden.

Isaac M. O'Bannon

Taxes January 21, 2025 

With President Donald Trump back in the White House for a second term, Americans can expect to see major tax law changes in the years ahead.

Taxes January 21, 2025 

Both Eston Melton and his wife, who once worked as a secretary at Miami-Dade County Hall, are registered as lobbyists with the county.

Small Business January 21, 2025 

Gov. Tim Walz is pitching his first budget under the new Trump era as a counterweight to the incoming president’s threats to impose tariffs, which he says will raise costs on everyday Minnesotans.

Taxes January 21, 2025 

The tax agency has launched a probe into whether financial services firm Trident Trust Group helped well-heeled Americans evade taxes.

Taxes January 21, 2025 

The current statute requires the IRS to wait for a federal disaster declaration, which cannot happen until after the disaster occurs, in order to grant deadline extensions.

Isaac M. O'Bannon