Taxes
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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
N.Y. Borrowers Will Not Owe Taxes on Forgiven Student Debt
Officials in New York said Monday that the canceled student debt will not be taxable in the Empire State.
These 13 States Consider Student Loan Debt Forgiveness Taxable Income
Taxpayers in those states with $10,000 in forgiven debt could owe hundreds of extra dollars on their state tax returns.
AICPA Releases Comments Requesting Guidance in Key Areas Related to Remote Work
The AICPA requested guidance in several key areas related to employees working remotely and offering recommendations regarding the taxation of payments related to remote work.
AICPA Releases Exposure Draft and Invitation to Comment on Proposed Revisions to Tax Standards
Updates to the SSTSs will better reflect the issues and needs of members and the tax practices of today and in the future.
AICPA Submits Comments on Virtual Currency Question on Form 1040 and Instructions
The AICPA is requesting that the question can be clarified before the 2022 forms are finalized in order to provide greater certainty to taxpayers and their preparers and to ...
Which Vehicles Qualify for New $7,500 Electric Vehicle Tax Credit?
The Inflation Reduction Act only offers tax credits on electric vehicles assembled in North America.
IRS is Assessing Security for Offices, Staff After Political Attacks
The IRS, which has about 600 facilities nationwide, has become a target of GOP lawmakers in recent weeks.
California to Ban Gas-Powered Cars by 2035
If approved, the regulations are expected to significantly reduce vehicle carbon dioxide emissions, as well as smog-forming nitrogen oxides over the next two decades. It could also lead the way in transforming America’s aging fleet of gasoline-powered automobiles.