Businesses operating vehicles with a gross weight of 55,000 pounds or more on public highways may owe the federal Heavy Highway Vehicle Use Tax. The curre...
The Financial Crimes Enforcement Network (FinCEN) is making permanent the suspension of the beneficial ownership information (BOI) reporting requirements ...
The IRS has issued new guidance to simplify and standardize retirement account rollovers for both participants and plan sponsors, as required under the SE...
If you’re contemplating a business sale or acquisition, it’s important to understand that you’ll need to make multiple tax-related decisions. For ex...
On Aug. 7, the U.S. Senate passed the Doug LaMalfa Federal Disaster Tax Relief Certainty Act. Once the President signs it into law, recipients of qualifie...
You may be able to claim a tax deduction for unreimbursed medical and dental expenses that exceed 7.5% of your adjusted gross income. Eligible expenses ca...
The U.S. Government Accountability Office (GAO) is reporting that the IRS needed nearly a month to process paper tax returns this tax filing season, double...
The IRS has issued Notice 2026-48 outlining anticipated rules for the Saver’s Match program. Signed into law as part of the SECURE 2.0 Act of 2022, the p...
Last year’s One Big Beautiful Bill Act made permanent the suspension of most miscellaneous itemized deductions for individual taxpayers. Before the 2018 ...
Do you want to dispute an IRS assessment or action? You have the right to escalate the dispute to the Independent Office of Appeals. This independent forum...