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.
Legislation November 25, 2024
Trump Vows 25% Tariffs on Canada and Mexico, and 10% More on China on ‘Day One’
Trump said he would impose additional 10% tariffs on goods from China and 25% tariffs on all products from Mexico and Canada in posts to his Truth Social network on Monday that sent the dollar higher and equities lower.
Taxes November 24, 2024
IRS ‘Get Ready’ Campaign Helps Taxpayers Prepare for Filing Season
As the nation's tax season approaches, the Internal Revenue Service is offering a variety of simple steps taxpayers can take now to prepare to file their 2024 federal tax returns.
Taxes November 23, 2024
Trump Nominates Hedge Fund Exec Bessent to Lead Treasury Department
Donald Trump has nominated Scott Bessent, the founder of Key Square Group, a global investment firm. The 62 year-old Yale alum served as an economic advisor during Trump's first administration, and a major campaign fundraiser and donor.
Taxes November 22, 2024
Top Hyundai Exec Says EVs Are ‘the Future’ Even if Trump Kills Tax Credit
“We are not planning our business based on tax credits,” José Muñoz, Hyundai North America’s chief executive, said Thursday.
November 22, 2024
Review of Blue J – The Accounting Technology Lab Podcast – Nov. 2024
Brian Tankersley, CPA, and Randy Johnston review Blue J, a generative AI platform for tax experts. With Blue J, professionals can complete hours of tax research in seconds.
Taxes November 22, 2024
The Tax Blotter – Nov. 2024
The Tax Blotter is a selection of briefs on the latest tax legislation and Tax Court rulings.
Taxes November 21, 2024
Starting in 2025, the IRS Will Accept Duplicate Dependent Returns With an IP PIN
Filers who claim tax credits like the Earned Income Tax Credit and Child Tax Credit will especially benefit from this change, the IRS said.
Taxes November 21, 2024
House Tax-Exempt Crackdown Bill Passes Despite Democrat Defections
Fears of a vengeful Donald Trump caused dozens of House Democrats to rethink prior support for the legislation.
Taxes November 20, 2024
Treasury, IRS Final Regs on Direct Pay Expand Clean Energy Tax Credit Access
The rules provide more flexibility for direct pay-eligible entities that want to jointly invest in clean energy projects, Treasury says.
Small Business November 20, 2024
Avalara Unveils Intelligent Tax Content Solution for Lodging and Hospitality
ATC for Lodging gathers, processes and organizes lodging tax data specifically for the lodging and hospitality industries – making it the ideal solution for organizations that require lodging tax content for tax calculations.
Taxes November 20, 2024
Japanese Restaurant Owner Avoids Raw Tax Deal
A taxpayer in a recent Tax Court case tried to use the "Cohen rule" from an age-old case to escape out of a tax jam.
Taxes November 20, 2024
Intuit and H&R Block Stocks Fall on Report of ‘DOGE’ Interest in Tax App
The Washington Post reported that leaders of the new "Department of Government Efficiency" have discussed creating a tax filing app.