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
Supreme Court Grants Trump Delay on Release of Tax Records to Congress
Chief Justice John Roberts paused a long legal battle over House Ways and Means’ access to Trump’s tax records.
Biden to Call on Congress to Mull Windfall Tax on Excessive Oil Profits
Exxon Mobil, Chevron and Shell reported record profits last quarter, even as gas prices remained high.
Trump Asks U.S. Supreme Court to Block Disclosure of His Tax Returns
Ex-president is trying to stop the IRS from giving the House Ways and Means panel six years' worth of his tax returns.
Tax Gap Continues to Get Worse, IRS Says
An analysis of tax years 2014 through 2016 showed the estimated gross tax gap increased to $496 billion.
AICPA News – Nov. 1, 2022
AICPA News is a round-up of recent announcements from the American Institute of CPAs (AICPA).
How to Secure a Deduction for a Medical Dependent
The tax law also allows you to write off amounts paid for a dependent such as an elderly relative.
Douglas O’Donnell Named Acting IRS Chief
An IRS lifer, Douglas O’Donnell most recently was deputy commissioner for services and enforcement.
IRS Gets Jumpstart on Hiring for Next Tax-Filing Season
The IRS has hired 4,000 new customer service reps to answer phones and provide other services, with more on the way.