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Special Report: 2025 Readers’ Choice Awards

CPA Practice

Jason Bramwell Payroll June 30, 2025  Half of Managers Use AI To Determine Who Gets Promoted and Fired 78% use AI to determine raises, 77% for promotions, 66% for layoffs, and 64% for terminations.

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Tax Fraud Blotter: Sick excuses

Accounting Today

EDT 6 Min Read Facebook Twitter LinkedIn Email By any other name; poor Service; a saga continues; and other highlights of recent tax cases. Rockford, Illinois: Tax preparer Gretchen Alvarez, 49, has pleaded guilty to preparing and filing false income tax returns. million payroll tax scheme.

Tax
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IRS Slot Machine Jackpot Threshold is Going Up, Experts Say

CPA Practice

Subscribe Tags:  casinos , gambling , Income Taxes , IRS , Legislation , obbba , slot reporting threshold , Taxes Recommended Taxes Articles View All Taxes Articles Firm Management July 24, 2025  Whitepaper: Elevate Your Firm’s Pricing Strategy. Louis and St.

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Tax Fraud Blotter: Boundless energy

Accounting Today

Missouri: CPA William R. During the 2016 through 2022 tax years, Gibson prepared at least 135 returns containing fraudulent information, causing a loss to the IRS of at least $125,197, which Gibson has agreed to pay in restitution. Massachusetts: Enrolled Agent Christine K. Kim, Burlington, indefinite from Nov. Tillmon III, St.

Tax
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Midyear payroll in 2025: Legislative shifts, judicial rulings, and compliance crossroads

ThomsonReuters

At the forefront is the “One Big Beautiful Bill Act,” a high-profile legislative package that could redefine payroll tax policy by permanently extending key provisions of the Tax Cuts and Jobs Act (TCJA) and introducing new exemptions for overtime pay and employee tips. Beyond Capitol Hill, the U.S.

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Billy Long Sworn in as 51st Commissioner of the IRS

CPA Practice

Jason Bramwell Former Missouri congressman Billy Long was sworn in as the 51st commissioner in the history of the IRS on June 16, saying transforming the culture at the tax agency is at the top of his to-do list. an Arkansas-based oil and gas company, which Democrats said offered non-existent “tribal tax credits.”

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Jobless Claims Fall for a Sixth Straight Week

CPA Practice

Economists also predict a slowdown in hiring, with one forecaster projecting zero payrolls added in the month. Before adjusting for seasonal factors, initial claims plummeted by more than 45,000, led by big states like New York and California, as well as in Michigan, Missouri and Ohio—which are home to car factories.