Taxes

Roughly a half-dozen states are prioritizing property tax reform to address skyrocketing home values and growing bills.

The encouraged projects span large, medium and small businesses and non-profits, all of which must meet prevailing wage and apprenticeship requirements to receive a 30% investment tax credit.

Hosts Randy Johnston and Brian Tankersley, CPA, review CCH AnswerConnect. CCH AnswerConnect is backed by the trusted CCH editorial team of CPAs and tax law experts, and designed to deliver comprehensive answers and information as an all-in-one tax research tool.

Mark Legowski admitted to filing fraudulent tax returns for multiple years after failing to report $1.4 million in income.

The conditions that call for a new EIN are outlined by the IRS and are very specific. But generally speaking, if a business changes its name or location, it does not need a new EIN.

The Tax Court determined that the law still required the S corp filer to report his proportionate share of the S corp income for the tax years in questions.

CPA Practice Advisor has announced the 2024 Tax and Technology Innovation Award winners and finalists. Now in their 21st year, the awards highlight technologies that advance the profession.

IRS Advance Notice was a Finalist for the 2024 Tax and Technology Innovation Awards, from CPA Practice Advisor.