Tax

The Internal Revenue Service is paying out more claims for the Employee Retention Credit program even as it gives them greater scrutiny.

Claims for the Residential Clean Energy Credit averaged $5,084 per tax return.

Your clients have worked long and hard their entire adult lives to secure a comfortable retirement, so make certain they don't make one of the most common mistakes as they contemplate their options.

Heirs and their financial advisors should start figuring out how to minimize the tax impact of the end of the so-called stretch strategy, experts said.

AI is your friend; hope from Moore; the risks; and other highlights from our favorite tax bloggers.

A letter from 18 Republican representatives told Speaker Mike Johnson not to repeal the

While large companies can afford not to currently expense research and development costs, but many small companies can't, say experts.

The IRS started processing claims received prior Sept. 14, 2023, and has an inventory of 1.4 million ERC claims totaling more than $86 billion.

When asked to rate how much they use generative AI tools on a scale from 1-10, accountants rated their overall use at 1.56

While the candidate hasn't spoken much about taxes on the trail, her record offers some clues.