The launch addresses critical market needs revealed by PowerPlan's recent research: 61% of tax professionals identify manual reconciliations as their single biggest challenge, consuming hours during ...

The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a given year. The company's final tax bill may be slightly more or less than the ...

The IRS has released drafts of some 2026 tax forms, including a draft of Form W-2. The changes are intended to address tax reporting updates, particularly for tipped and overtime workers. Wondering ...

The 2025 OBBB Act updates key tax rules for condo owners, including higher standard deductions, a $750,000 mortgage interest limit, and a $40,000 SALT cap. Owners should consult tax professionals and ...

On July 4, 2025, President Donald Trump signed into law the nearly 900-page One Big Beautiful Bill, a comprehensive package of tax cuts and fiscal policy changes. The bill includes significant ...

WASHINGTON, DC - MARCH 06: U.S. President Donald Trump speaks (Photo by Alex Wong/Getty Images) Despite the benefits of receiving $1,000 from the federal government, the initial set of rules is ...

The House Ways and Means Committee approved expanded legislative language for its recommendations of tax provisions to be included in the budget reconciliation bill that Congress is putting together.