Taxes
Latest News
Zone & Co Launches ZoneBilling AI Assistant
IRS Extends Tax Deadlines Until May For Helene Victims
Avantax Acquires SEP Financial Services
Sovos Launches Indirect Tax Suite for SAP, Enhances Clean Core Readiness
Senator Demands IRS Pays Employee Retention Credits Still Owed to Small Businesses
Sen. Kirsten Gillibrand says nearly a million businesses are owed an ERC for keeping their staff on payroll during the pandemic.
Income Tax Deduction or Credit? It Matters
Absent unusual circumstances, a credit on your return is more valuable than a deduction, by far. It’s a no-brainer. Nevertheless, there are certain times when a deduction would be preferable.
Certain TurboTax Users Could Receive Up to $85 Each in Free File Settlement
Last year Intuit agreed to pay millions for tricking low-income tax filers into paying for services that should have been free.
Trump Loses Lawsuit Against New York Times Over Report on His Taxes
The 2018 Times expose, which won a Pulitzer Prize, took a deep dive into Trump’s business and personal tax affairs.
New York Minimum Wage to Increase Starting in 2024
The minimum wage will increase to $16 an hour in New York City and Westchester, Nassau and Suffolk counties and to $15 an hour in all other areas of the state on Jan. 1, 2024.
There is Only One Minivan Eligible for EV Tax Credits
The list of electric vehicles that qualify for the full $7,500 incentive under the Inflation Reduction Act is down to 10.
Beyoncé Fighting IRS Over Alleged $2.69 Million in Back Taxes
The music and fashion icon has filed a petition disputing the IRS's claim and has requested a trial over the matter.
Tax Rep Network to Present The Practitioner’s Advisory Summit Free Virtual Conference June 14, 2023 Sponsored by Intuit
The Summit agenda features key thought leaders discussing all aspects of advisory services including reviewing the current state of advisory services.