IRS releases FAQs on transition to electronic payments
The Internal Revenue Service posted a fact sheet about its move away from paper checks to electronic payments for taxes and tax refunds.
The Internal Revenue Service posted a fact sheet about its move away from paper checks to electronic payments for taxes and tax refunds.
The Maryland Association of CPAs visited the state capital in Annapolis to lobby for changes to CPA licensure and other laws.
AAFCPAs, a Top 100 Firm based in Westborough, Massachusetts, has acquired McLaren & Associates CPAs, a firm specializing in forensic accounting.
A group of Senate Democrats and the Treasury Inspector General for Tax Administration are raising questions about the impact of IRS funding cuts.
Knowing exactly who you serve — and why — is becoming one of the most powerful competitive advantages a small firm can develop.
The IRS issued a notice extending the deadline for making certain amendments to IRAs, SEP arrangements and SIMPLE IRA plans until Dec. 31, 2027.
The IRS offered relief from failure-to-pay penalties to nearly 5 million taxpayers during the pandemic, but 3.6 million have since taken steps to pay tax debts.
The Treasury Department canceled $21 million in contracts, alleging the consulting firm failed to protect taxpayer data, including President Trump’s tax returns.
The Internal Revenue Service officially opened tax-filing season amid changes from the One Big Beautiful Bill Act and the threat of another government shutdown.
States generally assert taxing authority over income based on two core principles: residency and source.