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
IRS Cuts PTIN Fees for 2024
The IRS is slashing the costs for paid tax return preparers to renew their preparer tax identification numbers in 2024 by nearly 36%.
Three Complex Tax Issues Businesses are Facing Now
There are a myriad of challenges and changes in the tax codes affecting their business clients each tax season.
Student Loan Payments Resume for Millions of Americans
Individuals with federal student loans must begin planning to start repaying these debts for the first time in more than three years.
IRS Adds Features to Tax Pro Account for Managing Client Authorizations
New additions to Tax Pro Account, available through IRS.gov, will help practitioners manage their active client authorizations on file with the Centralized Authorization File (CAF) database.
House and Senate Pass Last-Minute Bill to Avoid Government Shutdown
The Senate overwhelmingly passed bipartisan legislation Saturday to avoid a disruptive U.S. government shutdown, sending the bill to President Joe Biden for his expected signature just hours before a midnight deadline.
Government Shutdown Likely Averted with Last-Minute Temporary Spending Deal in House
The latest House stopgap bill passed with the support of 126 Republicans, while 90 GOP lawmakers voted “no.” Only one Democrat, Rep. Mike Quigley, D-Ill., opposed it, over the omission of Ukraine aid.
Pop Singer Shakira Charged with Tax Evasion for Second Time
Spanish prosecutors claim she failed to pay $7.1 million in taxes in 2018 and is using an offshore company to avoid paying taxes.
IRS’s Government Shutdown Plans Include Furloughs and Few Services
Contingency plan calls for the IRS to furlough two-thirds of its workforce and press pause on most core tax administration functions.