Tax Newsletter – October 2025
Tax Newsletter – October 2025 In this Month’s Issue: Issue 1 – Tips Codes Released Early for 2026 Use Issue 2 – IRS Commissioner Discusses Filing Season Prediction Issue 3 – IRS Guidance on § 174 Research Costs Issue 4 – Treasury Announces Federal Government Will Phase Out Paper Checks on September 30th Issue […]
Tax Newsletter – September 2025
Tax Newsletter – September 2025 In this Month’s Issue: Issue 1 – IRS Commissioner on filing season outlook Issue 2 – No 2025 changes to info returns or withholding (OBBBA) Issue 3 – Direct File program in doubt Issue 4 – Commissioner Billy Long removed Issue 5 – Iowa adopts rules for preparers Issue […]
Tax Newsletter – August 2025
Tax Newsletter – August 2025 Join Us for the August 19 webinar for more info that has been issued on the One Big Beautiful Bill (OBBBA). The August 21 Quarterly Tax Update: Part 2 webinar will also provide additional guidance. Some information is in this newsletter, but we will expand on these topics later in […]
OBBBA Q&A Recap
One Big Beautiful Bill Webinar (7/10) – Q&A Recap Child Tax Credit Tips Overtime Trump Accounts Senior Deduction Child and Dependent Care Credit Capital Gain on Farmland Issue Teachers Deduction Research and Experimentation Expense Deduction Additional Standard Deduction Changes Guidance Issued on No Tax on Car Loan Interest Child Tax Credit To claim […]
OBBBA – What Tax Practitioners Should Know
What Tax Pros Should Know About the Big Beautiful Bill Congress has just enacted the One Big Beautiful Bill Act (“OBBBA”), a sweeping tax-and-spending package signed into law on July 4, 2025. Here’s a quick look at the top tax-related provisions that every practitioner should have on their radar: TCJA Permanently Extended: Solidifies individual tax […]
Tax Newsletter – July 2025
X LinkedIn Facebook Email Print .hover-img-wrapper { position: relative; display: inline-block; width: 25px; height: 25px;}.hover-img-wrapper img { position: absolute; top: 0; left: 0; width: 25px; height: 25px; transition: opacity 0.2s ease-in-out;}.hover-img-wrapper img.hover { opacity: 0;}.hover-img-wrapper:hover img.hover { opacity: 1;}.hover-img-wrapper:hover img.default { opacity: 0;} Tax Newsletter – July 2025 In this Issue: Issue 1 – Treasury, […]
Tax Newsletter – June 2025
X LinkedIn Facebook Email Print Tax Newsletter – June 2025 In this Issue: Note: Quarterly Tax Update – Part 1 (6/26/25) Issue 1: One, Big, Beautiful Bill Issue 2: Common Scams to Avoid Issue 3: CP161 Notices Issue 4: IRS Workforce Update Issue 5: SSA First 100 Days Issue 6: Digital SSN Access Issue 7: […]
Tax Newsletter – May 2025
X LinkedIn Facebook Email Print Tax Newsletter – May 2025 In this Issue: Issue 1: IRS Marks 70th Anniversary of April 15 Tax Filing Deadline Issue 2: Extending the Trump Tax Cuts – Ways and Means Committee Issue 3: Reminder to U.S. Taxpayers Abroad – File tax return by June 16 Issue 4: Trump Orders […]
Tax Newsletter – April 2025
Tax Newsletter – April 2025 In this Issue: UPDATE: Meet JoJo ➡️ the NEW Basics AI Agent Issue 1: FinCEN Removes Beneficial Ownership Reporting Requirements for U.S. Companies and U.S. Persons, Sets New Deadlines for Foreign Companies Issue 2: DOGE Issues Issue 3: Social Security Administration Resumes Treasury Offset Program Collections After COVID-19 Suspension Issue […]
Tax Newsletter – March 2025
Tax Newsletter – March 2025 In this Issue: Update: Get the latest on BOI drama Issue 1: Keeping Ourselves Stressless During Tax Season Issue 2: A Computer Programming Change Is Needed to Delay the Erroneous Issuance of Refunds Based on Dishonored Checks Issue 3: Revenue Procedure 2025-16 Issue 4: Don’t Wait on Hold; Use IRS […]