IRS
U.S., U.K. Begin Talks on Critical Minerals Agreement for EV Tax Credits
A critical minerals trade deal would allow U.K. businesses to benefit from incentives passed through the Inflation Reduction Act.
House Ways and Means Passes Bill on Easing ACA Reporting Requirements
The Employer Reporting Improvement Act would make it easier for businesses to comply with the Affordable Care Act.
A New Approach to Make Next Tax Season Go More Smoothly
Accounting firms that embrace these technologies will be able to stay ahead of their competition and provide their clients with the highest quality services.
Estimated Tax Payments Are Due June 15, IRS Says
Failing to pay enough tax through withholding or estimated payments, or missing the deadline, can result in IRS penalties.
IRS Budget Battle Far From Over After Debt Ceiling Pact
Even with the recent IRS funding cuts, Republicans want to slash even more, setting up an appropriations fight with Democrats.
IRS Proposes Rules on Energy Projects for Low-Income Areas
A program established by the Inflation Reduction Act incentivizes solar and wind power in certain low-income communities.
IRS, Treasury Provide More Guidance for Advanced Energy Project Credit
The qualifying advanced energy project credit program was re-established last year by the Inflation Reduction Act.
CPAs from Several States Visited Washington D.C. to Promote Accounting and Tax Issues
The CPAs asked members of Congress to support the Freedom to Invest in Tomorrow’s Workforce Act, a bill that would expand eligible uses of 529 savings plans.