News You Can Trust

IRS Announces Details on Closures due to Sequester

The IRS will be closed for at least four days during 2013, largely due to the sequester.

Read More

Senator, Congressman Team Up to Launch Bipartisan Tax Reform Website

Max Baucus and Dave Camp have launched a website to gather public input on tax reform.

Read More

IRS Scandal Continues, Claims Acting Commissioner

IRS' Acting Commissioner Steve Miller has resigned under the cloud of the ongoing 501(c) scandal.

Read More

President’s Proposed 2014 Budget Includes R&E Credit Expansion, §179D Enhancements

The President's proposed budget for 2014 includes some promising signs that §179D and the Research & Experimentation tax incentives may be in for expansion and extension.

Read More

To Capitalize or Not to Capitalize: That is the Question

Even with just a few weeks left in the 2012 tax season, it's still not too late to think about the IRS' revised repair vs. capitalization regulations.

Read More