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Like most federal agencies, the Internal Revenue Service is funded through annual appropriations. However, in 2022 the IRS also received $80 billion of multiyear funding under...
The hiring pace at small businesses dropped slightly in July, payroll processor Paychex reported Tuesday, but wage growth remained consistent. The Paychex Small Business Employment Watch...
High-income backdown; Direct File collision; the vaping excise mess; and other highlights from our favorite tax bloggers. Feeling your pain Parametric (https://www.parametricportfolio.com/blog): One favorite opening of...
Senate Majority Leader Chuck Schumer, D-New York, announced plans to bring up a vote on the Tax Relief for American Families and Workers Act later this...
Pennsylvania will become the 15th state to join the IRS Direct File free tax program next tax season, the Treasury Department and the IRS said Tuesday....
Generative AI continues to take the accounting world by storm, as both KPMG and Armanino today announced further integrations with the new technology in their respective...
The Internal Revenue Service has been hard at work these last few weeks on issues ranging from streamlining reporting requirements for renewable-energy tax credits to finalizing...
Group of 20 finance chiefs are set to leave Brazil’s controversial plan for a global billionaires tax to future summits, pledging in a draft communique to...
While most accountants dread conducting on-site inventory observations — often considered one of the rote tasks shoved onto those at the bottom of the food chain...
Something new is always happening, whether we like it or not. When we like it, we sort of feel we should do something about it. When...
