Taxes
More Home Buyers Are Purchasing Mortgage Points
Mortgage points, also known as discount points, are an option for buyers to pay an upfront fee to buy down the interest rate on a loan.
The IRS is Trying to Change the Way Businesses Report Tips
The IRS's proposed SITCA program seeks to streamline reporting—and, of course, increase tax compliance.
Avalara Announces New E-Invoicing Certifications and Participation in Local and Global Exchange Networks to Support Tax Compliance for Businesses and Governments
Avalara intends to be accredited by the Digital Business Networks Alliance as an access point and service provider to facilitate the sending and receiving of electronic business documents over...
Energy and Fuel Companies are Prioritizing Tax Compliance
The energy and fuel businesses in pole position share a secret power: They’re more likely to automate compliance with a single-source SaaS tax management solution.
IRS Agent Seeks Whistleblower Status to Discuss Problems with Hunter Biden Tax Probe
The agent claims the IRS mishandled an investigation into Hunter Biden and wants to disclose concerns about his taxes.
What to Make of Changes to Sec. 174 Research and Experimentation Costs
The new provisions mandate five-year amortization of domestic Section 174 research and experimental (R&E) costs, and 15-year amortization of foreign R&E costs.
Pennsylvania Institute of Certified Public Accountants Issues 2023 State of Pennsylvania Public Accounting Firms Study
The State of Pennsylvania Accounting Firms in 2023 is a comprehensive white paper conveying critical insights for practitioners while highlighting the challenges and opportunities...
South Carolina Return Preparer Pleads Guilty to Filing False Tax Returns
The total tax loss from his criminal conduct was approximately $320,000.