Tax - Financial Ops World

The best and worst states for taxes in 2025

Accounting Today

DECEMBER 2, 2024

States that do not assess the major taxes are more competitive than states with complex taxes with high rates.

Tax

Tax Strategy: 2024 year-end tax planning

Accounting Today

SEPTEMBER 26, 2024

2024 has so far not produced significant tax legislation impacting year-end tax planning, but it continues to be impacted by legislation from prior years,

Tax

Taxes and the 'amateur athlete'

Accounting Today

DECEMBER 2, 2024

Court decisions have opened up a whole new world of tax worries for college athletes.

Tax

Webinars

Breaking Ground on Better Payment Processes: Strategies for Construction Pros

The Growth Architect: How Financial Leaders are Unlocking Potential

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

From Start to Scale: Driving Growth Through Seamless Payments Implementation

Solve Your Firms Automation Complexities Once and For All

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New marginal tax rates for 2025

Accounting Today

NOVEMBER 12, 2024

The highest marginal tax rate for 2025 is 37% and the lowest is 10%.

Tax

3 Steps to Successful & Strategic Year-End HR Planning

Advertiser: Paycor

Learn the main watch outs for year-end HR prep with Paycor’s helpful checklist covering employee data, wage and tax information, and special situations. Year-end can be a hectic time for HR professionals, but with proper planning and organization, you can navigate it smoothly. Ensure compliance and efficiency by downloading today!

Tax

IRS adds crypto question to more tax forms

Accounting Today

JANUARY 22, 2024

The Internal Revenue Service has revised the question it has asked in recent years about income from digital assets such as cryptocurrency on the Form 1040 for individual taxpayers this tax season and added it for the first time to tax forms for estates, trusts, partnerships and C and S corporations.

Tax

IRS backlog grows from tax adjustments

Accounting Today

JUNE 7, 2024

While the Internal Revenue Service has managed to reduce its backlog of unprocessed tax returns since the pandemic, one area where it's losing ground is in processing all the documentation for tax adjustments.

Tax

A critical election for tax

Accounting Today

OCTOBER 4, 2024

Between sunsetting provisions, wealth tax proposals and much more, Nov. 5 will have serious consequences in tax.

Tax

IRS commits to making Child Tax Credit changes quickly

Accounting Today

FEBRUARY 16, 2024

The Internal Revenue Service would be able to implement changes to the Child Tax Credit within weeks, IRS Commissioner Danny Werfel told Congress, and send out tax refunds promptly.

Tax

Tax Auditing

The tax consequences of digital nomadism

Accounting Today

JUNE 6, 2024

The freedom of working remotely while traveling the world doesn't include freedom from tax compliance issues.

Tax

Tax Fraud Blotter: What nerve

Accounting Today

SEPTEMBER 19, 2024

Journey's end; just shocking; house cleaning; and other highlights of recent tax cases.

Tax

Tax Fraud Blotter: No class

Accounting Today

AUGUST 22, 2024

Pushing 100 notices; nothing but the tooth; checking out; and other highlights of recent tax cases.

Tax

City and local sales taxes spike

Accounting Today

AUGUST 14, 2024

A new study reveals increases in both local and new tax rates across the country, highlighting an urgent need for revenue at the municipal level.

Tax

Tax Fraud Blotter: Mass misdeeds

Accounting Today

SEPTEMBER 12, 2024

Noted; loan sharks; lowering the Boomer; and other highlights of recent tax cases.

Tax

Tax season so far: Eclipsing last year

Accounting Today

APRIL 9, 2024

At 90,315,000, the number of individual returns received this tax season finally surpassed the same period last year, up 0.2% as of March 29, 2024.

Tax

Gloom or boom? Tax pros differ on AI

Accounting Today

FEBRUARY 15, 2024

Whether they're enthusiastic or terrified, tax practitioners are anything but indifferent to the rise of artificial intelligence.

Tax

5 IRS developments to watch this tax season

Accounting Today

FEBRUARY 15, 2024

New technology systems and the addition of cryptocurrency on tax forms are just some of the IRS developments to watch in 2024.

Tax

Beryl victims in Texas get tax relief

Accounting Today

JULY 23, 2024

3 to file various federal individual and business tax returns and make tax payments. Individuals and businesses in the affected counties now have until next Feb.

Tax

Tax Fraud Blotter: Public mistrust

Accounting Today

AUGUST 1, 2024

The price of flame; a guy at the IRS; package deal; and other highlights of recent tax cases.

Tax

Tax Fraud Blotter: Smoothie operator

Accounting Today

JUNE 6, 2024

No relief in sight; just plane crooked; no fool like a gold fool; and other highlights of recent tax cases.

Tax

Tax Fraud Blotter: Severe and widespread

Accounting Today

APRIL 18, 2024

Speedy decision; trouble in paradise; diplomatic imbecility; and other highlights of recent tax cases.

Tax

Tax inflation adjustments expected to shrink

Accounting Today

SEPTEMBER 11, 2024

Bloomberg Tax & Accounting projects that inflation-adjusted amounts in the Tax Code will increase 2.8% in 2025 — roughly half the increase in 2024 and down from 7.1% in 2023.

Tax

Tax Accounting Accounting

Tax Fraud Blotter: Beat this

Accounting Today

OCTOBER 3, 2024

Let me pay that; W-2-timer; the early bird gets a cell; and other highlights of recent tax cases.

Tax

How the enhanced CTC could impact tax season

Accounting Today

MARCH 11, 2024

The fate of the Child Tax Credit is in the hands of the Senate, but the IRS is ready to implement changes rapidly if the bill is passed.

Tax

Tax Billing

IRS tries to use AI to close tax gap

Accounting Today

JUNE 5, 2024

The Internal Revenue Service is turning to artificial intelligence to help select tax returns to audit and narrow the tax gap, but it needs to use this new technology consistently and transparently, according to a new government report.

Tax

Tax Auditing

Tax Fraud Blotter: All the trimmings

Accounting Today

JUNE 20, 2024

Card shark; the roof falls in; a dynamic duo; and other highlights of recent tax cases.

Tax

Tax Fraud Blotter: Questionable resources

Accounting Today

OCTOBER 31, 2024

To the mat; extra help; FACS of the case; and other highlights of recent tax cases.

Tax

Tax Fraud Blotter: Partners in crime

Accounting Today

NOVEMBER 22, 2024

Captive audience; some disagreement; game of 21; and other highlights of recent tax cases.

Tax

Voluntary sales tax disclosure: A potential boon for states and retailers

Accounting Today

NOVEMBER 26, 2024

A pending proposal from the Streamlined Tax Governing Board would let businesses that haven't been remitting sales tax come in from the cold.

Tax

Tax planning for the unknown

Accounting Today

SEPTEMBER 17, 2024

Between the coming sunset of the Tax Cuts and Jobs Act, the presidential election and a host of other factors, this is shaping up to be a tough year for advising clients.

Tax

The best and worst states for corporate taxes

Accounting Today

DECEMBER 12, 2024

From those with no corporate tax at all, to those that tax everything they can a guide to most and least competitive states when it comes to taxing businesses.

Corporation Tax

Corporation Tax Tax

A CPA's day in Tax Court

Accounting Today

MAY 7, 2024

For CPAs who aspire to practice in Tax Court, the ability to review a case that has been litigated by a fellow CPA is a useful educational tool.

CPA

CPA Tax

IRS adjusts tax amounts for inflation for 2025

Accounting Today

OCTOBER 22, 2024

The Internal Revenue Service issued its annual inflation adjustments for tax year 2025, including changes in the standard deduction, marginal rates, tax credits and more.

Tax

Tax season nears its end, but uncertainties linger

Accounting Today

APRIL 11, 2024

From BOI reporting to tax legislation in limbo, even the most 'normal' filing season in a several years still has unresolved questions.

Tax

IRS relaxes R&D tax credit refund claim requirements

Accounting Today

JUNE 18, 2024

The Internal Revenue Service is easing the rules for claiming a tax refund tied to a claim for the research and development tax credit.

Tax

Tax Fraud Blotter: Big winners

Accounting Today

JUNE 13, 2024

Extreme and outlandish; General nonsense; tat's all, folks; and other highlights of recent tax cases.

Tax

Tax Fraud Blotter: In the gutter

Accounting Today

AUGUST 15, 2024

Host of problems; comp it; plan to fail; and other highlights of recent tax cases.

Tax

Tax Fraud Blotter: Bad choices

Accounting Today

OCTOBER 10, 2024

A senate hearing; lack of Unity; that ain't chicken feed; and other highlights of recent tax cases.

Tax

Tax Fraud Blotter: Rampant self-dealing

Accounting Today

OCTOBER 24, 2024

Makin' a list; caught again; back to school; and other highlights of recent tax cases.

Tax

Tax Fraud Blotter: Against the grain

Accounting Today

JULY 25, 2024

Kratom ka-boom; what a sport; treed; and other highlights of recent tax cases.

Tax

Tax Fraud Blotter: State of crisis

Accounting Today

AUGUST 8, 2024

Fictitious relatives; countless meals; the road to Morocco; and other highlights of recent tax cases.

Tax

A different tax landscape at mid-year

Accounting Today

JULY 2, 2024

The end of Chevron deference, shifting IRS policies, and other major changes to the tax landscape.

Tax

Fifth Circuit rules cell phone tax unconstitutional

Accounting Today

AUGUST 2, 2024

The Supreme Court is likely to take up the case, which hinges on what, exactly, constitutes a tax.

Tax

IRS policies may help multinational corporations avoid U.S. taxes

Accounting Today

AUGUST 29, 2024

Some IRS policies may favor large multinational corporations that use foreign no-tax or low-tax jurisdictions for the sole purpose of avoiding paying U.S. taxes, according to a TIGTA report.

Tax

The best and worst states for taxes in 2025

Tax Strategy: 2024 year-end tax planning

Webinars

Trending Sources

Taxes and the 'amateur athlete'

Webinars

New marginal tax rates for 2025

3 Steps to Successful & Strategic Year-End HR Planning

IRS adds crypto question to more tax forms

IRS backlog grows from tax adjustments

A critical election for tax

IRS commits to making Child Tax Credit changes quickly

The tax consequences of digital nomadism

Tax Fraud Blotter: What nerve

Tax Fraud Blotter: No class

City and local sales taxes spike

Tax Fraud Blotter: Mass misdeeds

Tax season so far: Eclipsing last year

Gloom or boom? Tax pros differ on AI

5 IRS developments to watch this tax season

Beryl victims in Texas get tax relief

Tax Fraud Blotter: Public mistrust

Tax Fraud Blotter: Smoothie operator

Tax Fraud Blotter: Severe and widespread

Tax inflation adjustments expected to shrink

Tax Fraud Blotter: Beat this

How the enhanced CTC could impact tax season

IRS tries to use AI to close tax gap

Tax Fraud Blotter: All the trimmings

Tax Fraud Blotter: Questionable resources

Tax Fraud Blotter: Partners in crime

Voluntary sales tax disclosure: A potential boon for states and retailers

Tax planning for the unknown

The best and worst states for corporate taxes

A CPA's day in Tax Court

IRS adjusts tax amounts for inflation for 2025

Tax season nears its end, but uncertainties linger

IRS relaxes R&D tax credit refund claim requirements

Tax Fraud Blotter: Big winners

Tax Fraud Blotter: In the gutter

Tax Fraud Blotter: Bad choices

Tax Fraud Blotter: Rampant self-dealing

Tax Fraud Blotter: Against the grain

Tax Fraud Blotter: State of crisis

A different tax landscape at mid-year

Fifth Circuit rules cell phone tax unconstitutional

IRS policies may help multinational corporations avoid U.S. taxes

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