Laughing matters. It always has. But laughing may matter even more in modern times. Does anyone think that during the Middle ...

Examines the U.S. Tax Court case involving microcaptive in Patel v. CIR, 165 T.C. 10 (Nov. 12, 2025) where the 40% penalties were assessed.

The abrupt closure of the U.S. Department of Efficiency (DOGE) raises questions about its impact on federal processes and the ...

The updated federal legislation restores 100% first-year bonus depreciation for qualifying Tangible Personal Property (TPP) and substantially increases Section 179 expensing limits. Many relocatable ...

Pope Leo XIV is urging countries at UN climate talks to take “concrete actions” to stop climate change that is threatening ...

It’s not a well-kept secret healthcare costs have risen faster than wages for many years. To protect their bottom lines, many ...

According to the firm’s internal performance data, small business clients save an average of 25 hours during tax season by outsourcing accounting functions to 1-800Accountant. This efficiency enables ...

Three former IRS leaders, speaking at the 2025 AICPA National Tax Conference, discussed the agency’s future and what happens ...

A compliant enterprise doesn't treat tax compliance as an add-on or afterthought. Instead, it embeds compliance logic ...

Regardless of when the government gets back up and running, it is likely that the effects of the reduced staff, reduced funding, and the shutdown will be felt during the 2026 tax filing season and ...

The proposed merger of the Office of Professional Responsibility and the Return Preparer Office would blur “the public’s ...

Here's what to know if you are in a dispute with the IRS or waiting for a refund—and how delays could impact next year's tax ...