The Tax Professionals Blog

This article examines the current status of specific legislation amidst Congress's bipartisan struggles.

Rev. Proc. 2024-23 updates the List of Automatic Procedures for taxpayer-initiated accounting method changes, aligning with Treasury and IRS guidance.

The IRB recently announced new IRS rulings. Highlights include: HSA inflation adjustments, clean vehicle credit rules, GST tax extensions, and updates on obsolete exempt organization procedures.

President Biden released the highlights of his tax agenda for the next fiscal year during his State of the Union address before Congress on March 7, 2024, seeking higher levies on large businesses, investors, and the ultra-rich.

We are excited to share the news that our parent company name has changed from ClientWhys, Inc. to CountingWorks, Inc. This move is not a change in control, but a strategic and marketing decision as we continue to grow our suite of services geared for tax and accounting professionals.