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
‘Unpredictable’ Election Clouds Tax and Economic Policy View
The immediate unknown is whether Vice President Kamala Harris would recalibrate Democrats' economic agenda.
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Sen. Bernie Sanders said he has "some interest" in the Finance panel opening, due to the resignation of Sen. Bob Menendez next month.
New Jersey Joins IRS Direct File For 2025 Filing Season
Direct File will now be a permanent option for taxpayers in states that choose to participate, and New Jersey said it's in.
IRS Boasts New and Improved Online Tools and Digital Services For Taxpayers
The agency provided an update July 25 on its Strategic Operating Plan, which sets out several priorities for the IRS to accomplish.
IRS Chief Not Too Worried About Fallout From Loper Bright Ruling
Danny Werfel said he's "fairly optimistic" the Supreme Court ruling won't deter future efforts to provide better taxpayer services.
Local Governments are Addicted to Sales Tax Revenues
The 2024 Mid-Year Sales Tax Rates and Rules report, commissioned by Vertex Inc., outlines the evolving landscape of local tax implementation, proliferation of fees, and increasing complexity of tax compliance for businesses across the U.S.
IRS Releases Initial Guidance on Carbon Sequestration Tax Credit
Notice 2024-60, issued by the IRS on July 24, details how taxpayers can claim the credit for the sequestration of carbon oxide.
Texans Get Tax Relief From the IRS After Hurricane Beryl
Individual and business taxpayers in 67 counties now have until Feb. 3, 2025, to file their returns and make tax payments.