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
Tax and Accounting Best Practices for Cryptocurrencies
As a tax and accounting professional, you will encounter clients who require guidance regarding investing in cryptocurrencies and digital assets.
Supreme Court to Rule on Legality of Wealth Tax
The Supreme Court announced Monday it will weigh in on the constitutionality of wealth taxes, with a ruling expected in fall 2023.
BDO USA is Shifting From a Partnership to a Corporation
The sixth largest accounting firm in the U.S. will be known as BDO USA P.A. after the change in its structure becomes official July 1.
AICPA Requests Guidance on Non-Fungible Tokens and Clarity on Digital Assets & Virtual Currency Reporting
The AICPA is encouraging Treasury and the IRS to issue guidance on specific issues to assist taxpayers in properly reporting transactions with virtual currency.
Transcripts From Hunter Biden Probe Released by House Ways and Means
The panel voted along party lines to make public 400 pages of transcripts from interviews with two IRS employees.
H&R Block Partners with Microsoft for Tax Prep AI
The system uses thousands of machine learning models trained with millions of tax returns, AI algorithms, and generative AI technology.
Ex-NFL Linebacker Bill Romanowski Owes $15 Million in Unpaid Taxes, Court Filing Says
The IRS seeks to finally collect on a ballooning tax bill for the 16-year NFL star and his wife that dates back 25 years.
House Ways and Means to Review Tax Documents of ‘High-Profile Individual’
The panel scheduled the June 22 meeting on Tuesday hours after Hunter Biden agreed to plead guilty to tax evasion charges.