Taxes
Latest News
IRS-CI Releases Its FY 2024 Highlight Reel
AICPA Releases Statement on BOI Injunction, FinCEN Appeal
PCAOB Says Audit Firm Culture is Tied to Audit Quality
PCAOB Punishes New York Audit Firm, Three Partners for Deceiving Inspection Staff
Corvee to Launch Professional Tax Prep System Under Its ‘Instead’ Brand
Corvee announced that the the company's tax management platform, Instead, has been approved by the Internal Revenue Service to offer e-filing tax preparation software, and is nearing completion of the corresponding capabilities to prepare associated state, city and other related jurisdictional tax filings.
IRS-CI Releases Its FY 2024 Highlight Reel
IRS-CI initiated more than 2,667 criminal investigations, obtained 1,571 convictions, and reclaimed its 90% conviction rate in FY24.
Sovos Handled Taxes on Nearly 300 Million Transactions During Black Friday and Cyber Monday
Sovos achieved record-breaking performance during this year’s Black Friday and Cyber Monday shopping events.
Federal Court Blocks Enforcement of Corporate Transparency Act and BOI
A new federal law that would require most LLCs, corporations and partnerships to file disclosures with the Treasury Department, including Beneficial Ownership Information, has been halted by a Texas federal judge.
Trump Names Former Congressman Billy Long to be IRS Commissioner
The current IRS commissioner, Danny Werfel, has said that he intends to fulfill his term, which is slated to end on Nov. 12, 2027.
Opinion: Donald Trump Promised to Raise Taxes, But Biden and Congress Could Tie His Hands
The Biden administration and the current Congress should consider scaling back Trump's power to unilaterally enact tariffs.
MS Consultants Acquires Software Company Tax Credit Hero for Specialty Tax Credit Services
The Tax Credit Hero platform easily connects customers with automated solutions that work to amass specialty R&D tax credits and incentives to provide cost savings for businesses.
Trump’s Treasury Pick to Meet John Thune, Other Key Senators on Confirmation
Scott Bessent's nomination hasn't aroused public opposition from GOP senators like some of Donald Trump's other picks.