EITC

The Consolidated Appropriations Act includes a surprising number of tax provisions, many of which had not been widely publicized until the final bill was up for a vote.

Our panel of experts have identified these 12 credits, deductions and more as worth particular attention this year.

A critical PPP deduction, tax extenders, business meal deductions and more are among the critical points.

A group of 25 Democrats in the House wrote to congressional leaders asking them to provide $12.1 billion in funding for the Internal Revenue Service, including $5.2 billion for enforcement, with an eye toward cracking down on high-income tax cheats.

Regardless of who wins the White House, the scope for tax legislation in the near term will be limited.

Whether you are a 20-year accounting veteran or just entering the field, it behooves you to keep a list (and check it twice) of the most common tax preparation blunders.

Grant Thornton compares the contenders’ proposals in five categories.

The agency is once again reaching out to practitioners who originated problematic returns.

Technology, declining budgets and other factors are radically changing how and which tax returns get looked at.

The Internal Revenue Service issued its annual inflation adjustments for dozens of tax items and tax schedules.

Expanding the EITC; helping with ITINs; confusing nexus; and other highlights from our favorite tax bloggers.

The cost of lipstick; making meetings effective; virtual warnings; and other highlights from our favorite tax bloggers.

Nina Olson also suggested different ways to increase the participation rate of eligible taxpayers in claiming the Earned Income Tax Credit.

About $18.4 billion in bad payments were made on the refundable credit in 2018.

Lawmakers are complaining about the agency’s disproportionate number of audits of low-income taxpayers who claim the Earned Income Tax Credit.

Pushing back Tax Day would bring a number of unintended consequences.

IRS data provides all the information needed to figure out the answer.

Big W-4 questions; new GOP plan; tax-related stocking stuffers; and other highlights from our favorite tax bloggers.

Reform 2.0 versus reality; a child’s taxes; tailoring EITC education; and other highlights from our favorite tax bloggers.

Recovering the EITC; unwrapping sales tax; gambling losses and other natural disasters; and other highlights from our favorite tax bloggers.