Tax Law

Tax reform in 2025 and the expiration of TCJA will present challenges
Tax Law

Tax reform in 2025 and the expiration of TCJA will present challenges

– Home of the Blog The tangled process to a 3-month stopgap for avoiding a shutdown at the eleventh hour on December 20th, 2024 may ...
Alternatives to Tariffs that will Boost US Competition
Tax Law

Alternatives to Tariffs that will Boost US Competition

Note: The following is the testimony of Erica York, Senior Economist and Research Director at TaxA tax is a mandatory payment or charge collected by ...
Tax deductions for bad debts of non-businesses
Tax Law

Tax deductions for bad debts of non-businesses

Updated to tax year 2024. Have ever you lost money because of a loan that you will never be able to pay back? You’re not ...
Leveraging Practice Forward’s support network to success
Tax Law

Leveraging Practice Forward’s support network to success

Advisory is a growing business opportunity for accounting firms. This is due to the increasing demand from clients for proactive and value-added tax advice. Discover ...
2025 State tax changes taking effect January 1st
Tax Law

2025 State tax changes taking effect January 1st

Illinois-Tax changes effective January 1, 202 Illinois is increasing its franchise (capital stocks) tax exemption to $10,000 on January 1, 2020. Notably, however, Illinois had ...
When does capital gains tax apply?
Tax Law

When does capital gains tax apply?

You sold your house or another valuable asset. When should you notify the Internal Revenue Service? We’re here to make sense of the tax laws ...
Six steps to address the corporate talent crisis
Tax Law

Six steps to address the corporate talent crisis

Strategies for minimizing the corporate tax talent gaps and positioning your team for long-term successes – Blog Home Is it difficult for your tax team ...
CBO & JCT Economic Models
Tax Law

CBO & JCT Economic Models

The Congressional Budget Office and the Joint Committee on Taxation have recently published macroeconomic analyses (dynamic) of extending individual provisions of the TaxA Tax is ...
Your Tax Refund Information Guide
Tax Law

Your Tax Refund Information Guide

Your annual tax refund is a major factor in your financial life. How does it work? This page will help you understand the tax refund ...