Jason Bramwell

In fiscal year 2025, the federal government collected $2.66 trillion in individual income taxes. But how much will the average American pay in income and other taxes throughout their lifetime?

Practice management platform Firm360 announced Firm360 AutoPrep, a tax prep automation capability powered by Juno.

Drake SmartExtract is a new AI-powered document processing solution for Drake Tax Online that automatically extracts and organizes data from common tax documents.

Tax preparer Charles Omonzokpia Usigbe and 11 others, accused of conspiring to fraudulently obtain more than $14 million in COVID relief loans, were indicted by a federal grand jury in Nevada, prosecutors announced Tuesday.

A proposal in the state Legislature would provide pet owners with a $300 state tax credit for everyday pet expenses and up to an additional $600 for veterinary care.

Managing the lifestyles of the rich and famous has its appeal, but not everything is glitter and gold. Though these engagements offer intriguing and lucrative opportunities, they also present heightened risks.

The IRS has raised the optional standard mileage rate for the remainder of this year. The reason: recent increases in the price of fuel, the agency said.

Accounting, tax, financial, and insurance professionals are invited to attend a free continuing education event hosted by the 831(b) Institute on July 21 at the Palmer House Hilton in Chicago.

U.S. Rep. Mike Levin (D-CA) introduced legislation on Thursday that would waive the standard 10% retirement account early withdrawal penalty for Americans seeking fertility treatment.

Some state lawmakers are reviving the push to tax Michigan’s wealthiest earners to drum up more money for K-12 schools after a campaign to get a proposal on November’s ballot was suspended earlier this year.