Tax - Financial Ops World

Streamline tax time: Xero now supports partnership tax in the UK

Xero

NOVEMBER 18, 2024

We’re excited to announce that partnership tax has arrived in Xero Tax. You can now manage most of your clients’ tax needs – corporate, personal, and ordinary partnerships – in one simple, secure platform. Your practice can now gain all the benefits of Xero Tax across your ordinary partnership clients.

XERO

XERO Tax Data Entry Bookkeeping

Introducing Xero Simple, a plan to support you with Making Tax Digital for Income Tax

Xero

FEBRUARY 26, 2025

The next phase of Making Tax Digital is coming. In April 2026, Making Tax Digital for Income Tax (MTD for IT) will be introduced, and its set to shake up the record keeping, reporting and tax requirements for self-employed people and landlords. MTD for IT filing will be available in all Xero business plans.)

XERO

XERO Tax Bank Reconciliation Bookkeeping

A simpler tax code means simpler taxes. For everyone.

Intuit

JANUARY 7, 2025

Today, the US tax code is over 6,000 pages. The tax code wasnt always this complicatedover the last 30 years, it has more than tripled in size. Even the Taxpayer Advocate Service has said that, US tax laws are overly complex. How does a simpler tax code benefit all Americans? Why does Intuit want a simpler tax code?

Tax

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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

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

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

The most common errors on tax returns

Accounting Today

MARCH 7, 2025

Everyone knows tax pros don't make mistakes, but it can't hurt to doublecheck for these mistakes before filing.

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

How much tax do you pay in a lifetime?

Accounting Today

MARCH 11, 2025

The total lifetime tax amount in the highest-paying state is $755,493.

Tax

Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

CPA

Get set up for the new tax year with Xero Payroll

Xero

MARCH 25, 2025

With another tax year almost wrapped up, are you ready to tackle year-end payroll? Finalising your 2024/2025 tax year Wrap up outstanding items Before processing your last pay run for the 2024/25 tax year, approve any outstanding leave requests, timesheets and overtime to ensure your employees’ final pay is accurate.

XERO

XERO Payroll Tax Corporation 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

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 Fraud Blotter: Mass misdeeds

Accounting Today

SEPTEMBER 12, 2024

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

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 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

By the numbers: Future accountants, new state tax rates

Accounting Today

MARCH 13, 2025

The latest data on the number of students studying accounting, new state tax rates for 2025 and other major metrics.

Tax

Tax Accounting Accounting Auditing

Filing trends to watch during the 2025 tax season

Accounting Today

FEBRUARY 13, 2025

As the new year's tax season begins, a look back at lessons from the 2024 filing season.

Tax

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: Questionable resources

Accounting Today

OCTOBER 31, 2024

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

Tax

New bill calls for tax preparer regulation

Accounting Today

MARCH 11, 2025

Steve Cohen has re-introduced a bill that would give the IRS the authority to set and enforce standards for tax pros.

Billing

Billing 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

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

State income tax rate changes for 2025

Accounting Today

FEBRUARY 6, 2025

Nine states are cutting their individual income tax rates in 2025.

Tax

Tax season kicks off with non-tax issues center stage

Accounting Today

JANUARY 28, 2025

With relatively fewer tax changes to worry about, BOI and tariffs are top of mind for some experts.

Tax

State tax changes predicted for this year

Accounting Today

JANUARY 22, 2025

More states are expected to simplify their sales tax laws and leverage artificial intelligence for doing tax audits, according to a new report from Avalara.

Tax

Tax Auditing

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

Archeologists uncover tax fraud in ancient Rome

Accounting Today

JANUARY 29, 2025

Court documents from an ancient tax fraud and forgery case show that tax evasion was an issue even 2,000 years ago.

Tax

IRS to start tax season on Jan. 27

Accounting Today

JANUARY 10, 2025

Newly expanded and improved tools will be available when tax season kicks off this month.

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

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

Intuit cuts TurboTax ad after tax pros object

Accounting Today

OCTOBER 15, 2024

The National Association of Tax Professionals criticized an ad promoting Intuit's TurboTax full-service option, saying it encouraged taxpayers to leave their professional preparers.

Tax

The best and worst states for individual taxes in 2025

Accounting Today

DECEMBER 23, 2024

From those with no individual income tax at all, to those with complex tax structures a guide to most and least competitive states when it comes to individual income taxes.

Tax

Tax Fraud Blotter: Crooks R Us

Accounting Today

DECEMBER 20, 2024

The shadow knows; body of evidence; make a Note of it; and other highlights of recent tax cases.

Tax

Learn how our tax experts are helping Americans navigate a complex tax code

Intuit

FEBRUARY 24, 2025

Today, 6,000 pages of tax code stands between American families and what is often their largest check of the year. At Intuit, we believe that a simpler tax code means simpler taxes for everyone. And for years, weve been publicly calling for a simpler US tax code for all Americans. The tax code is overly complex.

Tax

Tax CPA Bookkeeping Accounting

Tax Fraud Blotter: Class dismissed

Accounting Today

MARCH 13, 2025

Family plot; past and present; fat chance; and other highlights of recent tax cases.

Tax

The best and worst states for sales taxes

Accounting Today

JANUARY 9, 2025

Data from the Tax Foundation's 2025 State Tax Competitiveness Index ranked which states compete on sales and excise taxes, and which don't.

Tax

Musk's influence and new IRS bills could reshape tax season

Accounting Today

FEBRUARY 24, 2025

Time will tell how a federal hiring freeze, Elon Musk's push for efficiency and new tax-focused legislation will shape the path of the Internal Revenue Service.

Billing

Billing Tax

No dumb questions: What clients are asking this tax season

Accounting Today

MARCH 19, 2025

Are tax prep clients' weird questions actually weirder this year, or does it just seem that way?

Tax

Streamline tax time: Xero now supports partnership tax in the UK

Introducing Xero Simple, a plan to support you with Making Tax Digital for Income Tax

Webinars

Trending Sources

A simpler tax code means simpler taxes. For everyone.

Webinars

Tax Strategy: 2024 year-end tax planning

3 Steps to Successful & Strategic Year-End HR Planning

New marginal tax rates for 2025

The most common errors on tax returns

A critical election for tax

How much tax do you pay in a lifetime?

Cash Flow Secrets Every Upskilled CPA Should Know

Get set up for the new tax year with Xero Payroll

Tax Fraud Blotter: What nerve

Tax Fraud Blotter: No class

City and local sales taxes spike

The best and worst states for taxes in 2025

Tax Fraud Blotter: Mass misdeeds

Beryl victims in Texas get tax relief

Tax Fraud Blotter: Public mistrust

Tax inflation adjustments expected to shrink

Tax Fraud Blotter: Beat this

By the numbers: Future accountants, new state tax rates

Filing trends to watch during the 2025 tax season

IRS tries to use AI to close tax gap

Tax Fraud Blotter: Questionable resources

New bill calls for tax preparer regulation

Tax planning for the unknown

IRS adjusts tax amounts for inflation for 2025

State income tax rate changes for 2025

Tax season kicks off with non-tax issues center stage

State tax changes predicted for this year

Taxes and the 'amateur athlete'

Archeologists uncover tax fraud in ancient Rome

IRS to start tax season on Jan. 27

Tax Fraud Blotter: Bad choices

Tax Fraud Blotter: Rampant self-dealing

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

Intuit cuts TurboTax ad after tax pros object

The best and worst states for individual taxes in 2025

Tax Fraud Blotter: Crooks R Us

Learn how our tax experts are helping Americans navigate a complex tax code

Tax Fraud Blotter: Class dismissed

The best and worst states for sales taxes

Musk's influence and new IRS bills could reshape tax season

No dumb questions: What clients are asking this tax season

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