Several changes to information return and payroll tax reporting rules go into effect next year. Now is the time to become familiar with them.
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The One Big Beautiful Bill Act permanently allows the deduction of domestic research and experimental (R&E) expenses in the year incurred, starting with the 2025 tax year. The IRS has issued transitional guidance on the change.
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Big changes ahead! The federal government will soon stop issuing paper tax refund and Social Security checks. Here’s what you need to know.
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If you or your business is planning on taking advantage of certain clean energy tax incentives, you’ll need to act much sooner than you anticipated.
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There are a wealth of business-related tax changes in the One, Big, Beautiful Bill Act.
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The One, Big, Beautiful Bill Act is now law. Here’s an overview of its key provisions.
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Through a Chief Counsel Advice memo, the IRS indicates that more fraud victims can claim a theft loss deduction than previously known.
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If your business is affected by the tariffs, consider implementing these tips to mitigate their impacts.
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If you’ve been a victim of a federally declared disaster in past years, you may be eligible for benefits under the Federal Disaster Tax Relief Act.
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The confusion surrounding the Corporate Transparency Act’s beneficial ownership information (BOI) reporting requirements continues in 2025.
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What tax proposals could be in play during President Trump’s first 100 days in office?
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Reference this tax calendar to learn the 2025 deadlines for various tax-related forms and payments.
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The deadline is fast approaching for many small businesses to file beneficial ownership information reports. Here’s a brief reminder of who must report and how to do so.
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A federal court has struck down a new rule regarding the salary threshold for determining whether employees are exempt from federal overtime pay requirements.
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Implementing tax-reduction strategies now can pay off the next time your company files its tax return.
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How might President-Elect Trump’s policies affect your taxes going forward?
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Concerned about your 2023 tax liability? Consider these year-end tax planning strategies.
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The IRS has created a path that businesses can use to withdraw unprocessed ERTC claims if they determine the claims are invalid.
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With fraudulent Employee Retention Tax Credit claims on the rise, the IRS has suspended claim processing through year end.
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