Tax Blog

A bill to amend Title 38, United States Code, to extend and modify certain authorities and requirements relating to the...

Every year, the IRS announces annual inflation adjustments related to tax rate schedules, deductions, cost-of-living adjustments, etc. What many taxpayers...

The emergence of digital currency is reshaping how businesses operate and account for financial transactions. As accounting professionals navigate this...

The biggest difference between managing taxes throughout your career versus during retirement is that when you are retired, you are...

According to the United States Department of Labor's Consumer Credit Protection Act (CCPA), wage garnishments are a complex legal process...

It's that time of year again: time for year-end tax planning. With the end of 2023 coming fast, the time...

Unless you’re near retirement, chances are you’re depositing a certain amount of cash each year in your IRA at tax...

Protecting Hunting Heritage and Education Act (HR 5110) – This bill was introduced in the House on Aug. 1 by...

As technology advances, users crave convenient and feature-rich solutions. In mobile app development, the concept of super apps is taking...

In one year’s time, the U.S. inflation rate dropped by more than half, from 8.2 percent in September 2022 to...

When it comes to measuring revenue, it’s essential that businesses analyze it from a variety of perspectives. While there's revenue...

New per diem rates were recently announced by the IRS and are effective for per diem allowances on or after...

Next year, something called Peak 65 is happening. This moniker refers to the fact that more Americans will reach the...

MAHSA Act (HR 589) – The Mahsa Amini Human Rights and Security Accountability (MAHSA) Act is a bipartisan bill that...

Data breaches have been on the rise as cybercriminals keep coming up with new ways to steal user-sensitive information. Just...

You can work and still receive Social Security benefits, but how much you receive depends on a number of factors.First,...

With accounting fraud and financial reporting mistakes creating a lack of confidence, understanding how financial reporting mistakes occur and are...

Recently, IRS Commissioner Danny Werfel spoke of changes within the IRS, announcing several initiatives focusing on high-income earners and partnerships,...

Since tax time isn’t until next April, organizing your documents right about now might not be top of mind or...

The US tax system is progressive, meaning that the more you earn the more you pay. For the years 2021-2023...