The IRS recently released Rev. Proc. 2022-17, providing the 2022 limits on depreciation for passenger automobiles under section 280F.
Ransomware is a significant threat for business owners of any size, and the damages can be catastrophic. This video will explain what ransomware is and provide seven tips on protecting you and your company.
As the pandemic and the Russian invasion of Ukraine have disrupted global energy markets, oil production in the United States has lagged the steep price increase.
As Russia’s invasion of Ukraine takes a mounting human and economic toll, it also has the potential to threaten the food supply for millions of people who depend on agricultural commodities from those two countries.
Executive Order provides an outline for next steps related to guidance and regulation in the digital asset space.
Inflation is likely to increase the cost of claims for auto physical damage, property and catastrophe lines of business for years to come.
The economic growth and emboldened labor market of the past year require a different policy response than the previous two business cycles.
IRS: Website that connects lessors to lessees is a “brokerage service,” shareholder not eligible for section 1202 capital gain exclusion.
The IRS is tackling identity theft by using ID.me verification technology to guard access to online services.
National Taxpayer Advocate, Erin Collins, recommends the IRS pause automated collection notices. Congress may consider the recommendation.
The Taxpayer Advocate Service highlighted 10 major IRS problems affecting taxpayers and made several recommendations to mitigate the issues.
This legislation represents the most significant modernization of the nation’s infrastructure since the middle of the 20th century.
After building up prodigious savings during the pandemic, American households are starting to spend that cash.
Nearly two years into the pandemic, there are signs that the worst of a once-in-a-century shock to the global economy is beginning to fade.
Bipartisan infrastructure bill passes House with bipartisan vote. President Biden expected to sign by end of next week.
The IRS foresees better phone service for taxpayers by hiring more than 1,000 new phone assisters across all call lines.