Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
Taxes December 2, 2024
‘Harry Potter’ Star Rupert Grint Loses Tax Battle, Ordered to Pay $2.3M
After a five-year battle with the 36-year-old English actor, a judge ruled in favor of the HMRC, the U.K. equivalent of the IRS.
Taxes December 2, 2024
Aluminum Wars: U.S. Factory Owners Seek ‘Political’ Route to Higher Import Taxes Under Trump
Manufacturers hope the Trump administration will reverse the International Trade Commission's recent refusal to boost tariffs.
Taxes December 1, 2024
How the 50 States Rank By Tax Burden
Residents of New York state are burdened by taxes the most, while Alaska residents have the lowest tax burden, a WalletHub study found.
Taxes November 27, 2024
Elevating Customer Experience with Effective Tax Solutions
Here are some strategies organizations can use to implement CX in the rapidly evolving age of digital transformation, where customer demand and expectations are at an all-time high.
Taxes November 27, 2024
2025 Tax Refund Date Estimator – And Last Minute Tax Tips for 2024
If you're wondering when you can file your income taxes in 2025 and when you might get your tax refund, this chart can give an estimated date. Where's My refund?
Taxes November 26, 2024
IRS Will Phase in $600 1099-K Reporting Threshold in 2026
The agency on Nov. 26 set the reporting threshold at $5,000 for 2024, $2,500 in 2025, and $600 for 2026 and thereafter.
IRS November 26, 2024
IRS Announces National Tax Security Awareness Week Starts on Dec. 2
The ninth annual special awareness week takes place this year from Dec. 2 to Dec. 6 with a weeklong series of educational efforts.
Taxes November 26, 2024
Filing the Final Income Tax Return for a Decedent
If the deceased person was unmarried, the return is filed on their behalf as a single filer. In some cases, a deceased taxpayer may qualify for favorable “head of household” filing status.
IRS November 25, 2024
IRS to Host Virtual Focus Groups on the Business Tax Account Online Tool
The virtual focus groups, which will be held next month, are a way for the agency to gather feedback on the online self-service tool.
Accounting November 25, 2024
CPE Sessions Announced for Ensuring Success
On Dec. 18-19, professionals can earn up to 14 hours of free CPE credit, with 7 sessions each day. Pick the ones you want or stay for all of them.
Taxes November 25, 2024
Newsom: California Will Offer EV Rebates if Trump Cuts Federal Tax Credit
Experts expect the Trump administration to reform, rather than eliminate, the $7,500 tax credit under the Inflation Reduction Act.
Taxes November 25, 2024
Bloomberg Tax & Accounting’s Compliance Tracker Expands Global and Indirect Tax Capabilities
Compliance Tracker users can now track and collaborate on filing activities for income tax obligations in over 200 countries.