Taxes
House Ways and Means Votes to Release Trump’s Tax Returns to Public
Exactly when and how six years of the former president’s tax information will be released remains unclear.
IRS Says Early Tax Filers Should Wait and File Later in 2023
The word of caution from the IRS comes due to a change in how the tax agency issues 1099-Ks.
IRS Puts Out Guidance on New Sustainable Aviation Fuel Credit
It applies to a qualified fuel mixture containing sustainable aviation fuel for sales or uses in calendar years 2023 and 2024.
AICPA Says $600 Threshold for 1099-K Reporting is Too Low and Outdated
The $600 threshold is based on a threshold established by the Internal Revenue Code section 6041 established in 1954 and does not account for increases in ...
House Ways and Means to Review Trump Tax Returns on Dec. 20
The meeting will be held in the panel’s hearing room at 3 p.m. Eastern time on Tuesday.
States Tax Vape Products Very Differently
More and more governments are imposing new regulations and taxes on e-cigarettes, vaping products, and similar products.
ACAChamp Partners with Indiana CPA Society
ACAChamp works to simplify Affordable Care Act (ACA) implementation, compliance, cost management and IRS reporting for employers.
Congressional Tax Writers Differ on Lame-Duck Social Security Fix
A Social Security provision currently limits benefits for public workers who also get government pensions.