News & Insights



Tax & Accounting News

Growing Your Business

Tax Strategies & Credits

Trending Now

IRS Tax Problems

Starting a Small Business


Tax Planning

Politics & Finances

Life Events

Tax Reform


Retirement & Eldercare


Expat Taxes

City Guides

Starting a Business

Legal Issues

Management and Operations

Retirement Planning

Cash Flow



Accounting Software and Apps


Business Entities

Budgeting and Forecasting

Sale of a Business

Credit Issues


Tax Credits

Local Tax Issues

Criminal Cases

IRS Notices

State Tax Problems


What Higher Education Officials Should Know: Key Tax Risks For Universities

In recent years, university tax compliance has become an increasingly challenging thing to navigate, particularly for those higher education officials who don’t have a background in accounting or the federal tax code.
Gordon McNamee, CPA Avatar
Gordon McNamee, CPA

5 Indispensable Tax Tips For Self-Published Authors

If you’re a bookworm who has finally made the jump from reader to author, congratulations are in order! This is no small feat, and you deserve to be proud of your accomplishment.
Frank Jenkins Jr Avatar
Frank Jenkins Jr

The Most Overlooked Tax Deductions You Should Be Taking Every Year

Tax deductions can be complicated. Working with a good local CPA is the best way to feel confident that you’re keeping the most you can of your hard-earned money, but it’s still smart to be financially literate, too.
Spencer Wilson, EA Avatar
Spencer Wilson, EA

IRS to Boost Contribution Limit on Health Savings Accounts in 2023

Health Savings Accounts, or HSAs, are popular tax-advantaged accounts that employees enrolled in high-deductible health plans through their employers can use to pay for qualified medical expenses. Now the accounts offer an even greater advantage, as the IRS has announced that as of 2023 those enrolled in both individual and family plan HSAs can increase the amount that they deposit each year.
Spencer Wilson, EA Avatar
Spencer Wilson, EA

Taking the Credit You Deserve - What You Need to Know About the Earned Income Tax Credit

The Internal Revenue Service is working hard to raise awareness of recent changes that have made many more low-to-moderate income Americans eligible for the Earned Income Tax Credit (EITC). This refundable tax credit created as part of a robust anti-poverty program can mean as much as $1,502 for filers with no qualifying children and as much as $6,728 for married couples filing jointly with three or more children. The upper-income level for such a family is $57,414.
Spencer Wilson, EA Avatar
Spencer Wilson, EA

Documentation Requirements for R & D Tax Refunds, Explained

If your business spends money on research and development, a recent legal memo published by the Internal Revenue Service will be of particular interest to you. Though these expenditures may entitle you to file for a refund for a tax credit for increasing research activities, the agency is now requiring additional supporting documentation. At this point, however, the expanded information is only required for claims submitted on amended returns.
Frank Jenkins Jr Avatar
Frank Jenkins Jr

Tax Avoidance vs. Tax Evasion - What's the Difference?

While tax avoidance is legal, tax evasion is definitely not. Learn the difference...
Gordon McNamee, CPA Avatar
Gordon McNamee, CPA

Some Business Owners Now Eligible for Workaround for State and Local Tax Deduction Cap

The 2017 tax reform placed a limit on State and Local Tax (SALT) deductions, but some states are offering a workaround. Learn more...
Martinez & Shanken, PLLC Avatar
Martinez & Shanken, PLLC

Some Tax Breaks Could Actually Cost You Money. Here's How to Know the Difference.

Not all tax breaks are right for every taxpayer - it depends on your tax bracket and other factors.
Gordon McNamee, CPA Avatar
Gordon McNamee, CPA
In the face of economic uncertainty, TaxBuzz is the industry's most up-to-date tax information.
Join 60,000 who get our weekly newsletter. No spam.

Status Items