See what’s happening around the world of tax!
In The Headlines – Will the U.S. become a TikTok-free zone?.
What’s New In The Tax World? – A $78 billion tax bill passes the House but hits walls in the Senate
State-By-State Updates – Colorado residents may be eligible for an $800 refund this tax season.
Tax Planning Tips – Is your property tax bill astronomical? Consider whether you can appeal your property tax assessment.
Around the Tax World – March 21, 2024 Read More »
In The Headlines – H&R Block and TurboTax have been accused of “deceptive advertising” by the FTC.
What’s New In The Tax World? – The IRS levels up on cryptocurrency tax compliance with the help of two former crypto executives.
State-By-State Updates – Kansas shuts down a $1.6 billion tax cut package including a flat income tax rate of 5.25%
Tax Planning Tips – Planning your retirement? Consider these states with the lowest tax rates.
Around the Tax World – March 7, 2024 Read More »
In The Headlines – Who will win in the battle between The New York Times and OpenAI?
What’s New In The Tax World? – The popular EV tax credit has yielded $135 million in reimbursements for automotive dealers this year.
State-By-State Updates -California considers a ballot initiative that would limit local and state governments’ ability to raise taxes.
Tax Planning Tips – If you have long-term care insurance, keep in mind these tax deduction limitations.
Around the Tax World – February 22, 2024 Read More »
In The Headlines – Super Bowl LVIII means record-breaking ticket prices for football fans and revenue spikes for Las Vegas small businesses.
What’s New In The Tax World? – To file or not to file? With new proposed tax breaks coming up fast, the IRS urges taxpayers to move ahead with their tax returns
State-By-State Updates -A Connecticut task force tries to bid farewell to the state’s car tax.
Tax Planning Tips – With TJCA tax provisions soon to expire, 2024 will be a crucial year for tax planning.
Around the Tax World – February 8, 2024 Read More »
In The Headlines – Spirit Airlines and JetBlue may be star-crossed business partners.
What’s New In The Tax World? – 2024 may be the Year of the Tax Break—from the expanded child tax credit to business benefits
State-By-State Updates -The Kansas Legislature is stepping on the gas when it comes to income and sales tax reform.
Tax Planning Tips – The latest industry boom is in selling energy tax credits—a market worth up to $9 billion.
Around the Tax World – January 25, 2024 Read More »
In The Headlines – Universal Pictures ousts Disney from its throne in 2023, coming in as the highest-grossing studio at the box office.
What’s New In The Tax World? – Cutting state tax rates: What was hot in 2023 may not be in 2024
State-By-State Updates -Georgians may have more money in their pockets in 2024 from reduced state income taxes.
Tax Planning Tips – Another day, another EV tax credit update—and it’s a big one.
Around the Tax World – January 10, 2024 Read More »
In The Headlines – One of the most successful businesses of 2023 is… Taylor Swift.
What’s New In The Tax World? – Popular electric vehicles may fall out of favor in 2024 without the help of the EV tax credit
State-By-State Updates -California’s climate programs may have one adverse side-effect—$6 billion in lost gas tax revenue.
Tax Planning Tips – New guidance on the Clean Hydrogen Production Tax Credit is finally being released… but is this good news or bad news?
Around the Tax World – December 28, 2023 Read More »
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