IRS
IRS Delays New Roth 401(k) Contributions Rule
The IRS is offering relief on new 401(k) catch-up contribution rules for certain high earners. Here’s what it means for you.
IRS Hiking Interest Rates on Oct. 1
The last time the agency increased interest rates on tax overpayments and underpayments was for Q1 of this year.
Treasury, IRS Unveil Long-Delayed Crypto Tax Reporting Rules
The proposed regulations are viewed by backers as critical to policing a largely unregulated sector plagued by tax avoidance.
IRS Issues Table for Calculating Premium Tax Credit for 2024
The IRS on Aug. 23 announced 2024 indexing adjustments for important percentages under the Affordable Care Act.
How Broad is a U.S. Supreme Court Case on Tax Court Filing Deadlines?
Plus, the 3rd Circuit Court of Appeals recently ruled the Tax Court filing deadline for deficiency cases is not jurisdictional.
AICPA Comments and Asks for Guidance on Energy Tax Credit Provisions
These proposed temporary regulations provide some guidance to the pre-registration filing requirements, as well as the clarification and definition of applicable entities.
Tax Partner Matters More Than Firm on Business Taxes
When it comes to a corporation’s relationship with its accounting firm, the firm itself is less important than the partner who leads its engagement team in lowering its tax rate.
Trucker Tax Deadline is August 31, 2023
The heavy highway vehicle use tax is an annual federal excise tax on heavy highway motor vehicles operating on public highways.