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Emma Slack-Jorgensen
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AICPA Asks IRS to Fix Problems with Practitioner Priority Service Phone Line
Taxation
In a letter to the IRS, the AICPA focused on the long wait times for calls to the agency’s Practitioner Priority Service…
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D.C. Appeals Court Rules House Committee Can Get Trump Tax Returns
Taxation
A federal appeals court has ruled that the House Ways and Means Committee is entitled to receive the tax returns of former…
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Online Prices Drop for First Time in Two Years
The Trusted Professional
Online prices dropped by 1 percent in July over the previous July, ending a two-year-long streak of inflation, according to…
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Regulatory Roundup - August 2-8
The Trusted Professional
AICPA AICPA Comments on Tax Provisions in Senate Reconciliation Legislation Aug 04, 2022AICPA Recognizes Innovative…
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Senate Passes Inflation Reduction Act: Here are the Key Tax Provisions
Taxation
The Senate passed the the climate and tax legislation known as the Inflation Reduction Act of 2022 on Sunday. The bill…
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Sinema Now Supports Climate and Tax Bill, But With Removal of Provision Closing Carried Interest Loophole
Taxation
Sen. Kyrsten Sinema (D-Ariz.) announced on Thursday that she will support the climate and tax legislation known as the…
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Mortgage Rates Dip Below 5 Percent for First Time in Four Months
The Trusted Professional
The rate for a 30-year fixed mortgage dropped to 4.99 percent, the first time in four months it went below 5…
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Gas Prices Drop for 50 Straight Days
The Trusted Professional
The average price of gasoline has been on a downward trajectory for 50 days in a row, CNN reported. The national average…
Read More
IRS Alerts Tax Pros: Be Aware of Signs of Identity Theft
Taxation
The IRS has issued a warning to tax professionals to be on the lookout for several tell-tale signs of identity theft. The…
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