Featured News

IRS Commissioner Daniel Werfel has assured parents that they don't need to wait to file their 2024 tax returns while a child tax bill is pending in the Senate.

The IRS will soon conduct audits on businesses' private jets to ensure that executives are not abusing tax deductions.

The IRS said Wednesday, Feb. 21, that interest rates will remain the same for the calendar quarter beginning April 1.

The average tax refund is down more than 20% over last year, according to the latest statistics from the IRS.

According to a recent survey, 92% of small businesses say they’re hopeful and expect moderate or significant growth in 2024.

With the 2024 filing season in full swing, the IRS encourages taxpayers to use online tools to get answers during the anticipated peak demand for IRS phone lines around Presidents Day.

In a new economic survey, just a quarter of business economists and analysts expect the U.S. to fall into recession this year.

The IRS has issued a warning to businesses about questionable employee retention credit (ERC) claims, offering seven suspicious warning signs that could indicate potential problems.

The AICPA recently shared more resources that address the new beneficial ownership information (BOI) reporting requirement.

More than one out of three top executives believe the economic outlook will brighten during the next six months, according to a Conference Board and Business Council survey.