Social media has been abuzz with claims from influencers that Donald Trump has changed the tax code, preventing child support ...
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Bill would make 20% tax cut permanent for small businesses in KansasKansas Congressional Senator Jerry Moran, alongside other colleagues, has introduced a bill to give a permanent tax deduction ...
The Internal Revenue Service has released new guidance, Rev. Rul. 2025-3, clarifying the application of Section 530 of the Revenue Act of ...
On January 13, 2025, the U.S. Treasury Department (the “Treasury”) and the Internal Revenue Service (the “IRS”) issued proposed ...
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AICPA backs legislation to delay federal tax deadlinesThe American Institute of CPAs (AICPA) has expressed strong support for new bipartisan legislation that would empower the ...
On January 10, the US Treasury Department (Treasury) and the US Internal Revenue Service (IRS) released proposed regulations under Section 45W of ...
On January 10, 2025, the Internal Revenue Service (IRS) issued Notice 2025-10 and Notice 2025-11. Notice 2025-10 summarizes proposed ...
Information Statements and IRS Returns Requirement to Report For (1) any exercise of an incentive stock option (ISO) during 2024 or ...
On January 15, 2025, the Internal Revenue Service (the “IRS”) and the Department of the Treasury (“Treasury”) published final regulations ...
The Inflation Reduction Act of 2022 introduced the Code Section 45Y production tax credit (CEPTC) for facilities that generate clean electricity ...
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