Economy

The Internal Revenue Service issued a revised Form 1024-A Tuesday, along with instructions permitting it to be filed electronically.

The bill has far-reaching tax consequences, including in the world of specialty tax.

The Internal Revenue Service and the Treasury Department released guidance that offers an extension of a safe harbor for developers of renewable energy projects located either offshore or on federal land.

The relief bill includes an extension of the 45Q tax credit, which gives companies a tax break for capturing carbon..

As the time comes for businesses to apply for PPP loan forgiveness, CPAs can provide vital assistance to ensure success for their clients.

With only a few days to go before the end of a difficult year, some accountants and tax professionals are still hoping to finish up some perplexing issues for their clients before New Year’s Day.

Most accountants who help clients with the choice of entity focus on the tax aspects. But in order to help clients make fully informed decisions, “personal” asset protection should be considered.

Small business owners who got Paycheck Protection Program loans could qualify for big write-offs from their rescue money, amounting to what Treasury Secretary Steven Mnuchin has called a tax-break “double dip.”

The change would make it easier for private companies and nonprofit organizations to evaluate a goodwill triggering event.

Annual meeting minutes are an important business compliance requirement, helping to keep a company in good standing with the state and maintain its protective corporate veil.

Lawmakers are seeking to address some of the PPP’s more obvious failings in the latest coronavirus bill.

The practice is helping clients deal with streamlining operations, reducing unnecessary expenditures and improving their profitability and cash flow.

The provider of payroll, benefits and HR technology for small businesses is making a push to sign up more accounting firms as partners.

The American Institute of CPAs has joined with over 560 business and trade organizations in urging Congress to pass legislation.

There are signs of a slowdown in the economy as businesses continue to struggle with rising COVID-19 infections across the country.

New York authorities are seeking more records of Donald Trump's company’s communication with an engineer who helped appraise its property.

The guidance clears up the tax treatment of expenses when a loan from the Paycheck Protection Program hasn’t been forgiven by the end of the year.

The enforcement push comes after years of persistently low examination rates.

Nearly one-third of companies are reducing their overall real estate footprint as a result of the COVID-19 pandemic, with 31 percent of companies renegotiating leases for more favorable terms, according to a new report.

Biden and Trump tariffs; e-commerce and the holiday season; afterlife; and other highlights from our favorite tax bloggers.