The Latest

New notices and a new FAQ clarify some of the provisions of the Inflation Reduction Act for qualifying for the Clean Vehicle Credit.

A new FAQ from the IRS on the Clean Vehicle Credit suggests some flexibility on rules requiring the cars to be made in North America.

Villa Ripoff; school's really out; indictment to Injury; and other highlights of recent tax cases.

The service upped the rate for business use, but left medical, moving and charitable rates the same.

The list of potential roadblocks is relatively short — and just got shorter.

Accounting's most influential share the one thing they would change about the profession.

The Inflation Reduction Act introduced new requirements to receive larger credit amounts for many of the extended and new clean energy credit and deduction provisions.

Allan Koltin envisions three scenarios for accounting firms going forward.

As part of this year's Top 100 Most Influential People survey, Accounting Today asked, "What is one thing you would like to change about the accounting profession?"

Fact Sheet 2022-41 now reflects the decision to move back the switch to a much lower reporting threshold.