All Posts

The best tax research software for small firms combines three things: citation-backed answers from authoritative sources, transparent reasoning you can verify, and pricing that makes sense when you’re the only one using it. For solo practitioners specifically, the tool also needs to handle the full range of questions you face (federal, state, entity-level, individual) without requiring separate subscriptions or modules for each. This guide covers how to evaluate tax research

Tax research eats hours. A single complex question can spiral into 45 minutes of digging through results, and you still end up not feeling confident enough to send the answer. During the busy season , that time adds up fast. Partners lose billable hours, junior staff create review bottlenecks, and the fear of AI hallucinations means you end up double-checking everything anyway. AI tax research assistants are built to fix this. This guide covers the five best AI tax research a

It's January, tax season  is weeks away, and you're staring at a client question that should take five minutes to answer. Instead, you've been hunting for one reliable citation for the past 45 minutes. Your deadline is tomorrow, your client is waiting, and your research tool is serving up everything except what you actually need. Sound familiar? You're reading this because at least one of these is true: Your current research tool feels like it was built in 2010 You've heard a

Tax season document collection often becomes a bottleneck before tax preparation begins. Clients upload documents inconsistently, staff lack visibility into what is missing, and follow-ups increase without improving turnaround time.

Quick Summary: Client intake automation turns onboarding from manual collection into insight-driven action. This guide shows 5 practical workflows using Bizora to: Spot tax issues earlier with citation-backed research Analyze uploaded documents instantly Flag risks before they affect scope Keep context from intake to delivery Generate client-ready explanations with less rework These are the 5 key stages of a Bizora-powered client intake automation workflow. Client intake is t

Tax professionals hear it constantly that 2026 tax law changes are coming, often framed as a looming TCJA “cliff.” After the One Big Beautiful Bill Act (OBBBA) and IRS Rev. Proc. 2025-32, that framing no longer reflects how the law actually stands. In 2026, federal tax law will continue the TCJA-era structure, now locked in under the One Big Beautiful Bill Act (OBBBA) , with inflation-indexed updates under Rev. Proc. 2025-32. The 37% bracket remains, the standard deduction ri

December is often the last real opportunity to get organised before tax season begins. For solo CPAs, year-end work goes beyond closing the books. This is when gaps in documentation, missing client information, or unclear assumptions tend to show up later as delays once filings start. That’s why many practitioners look for a year end accounting checklist to guide the final weeks of the year. This guide brings those tasks together in one place. It acts as a practical year-end

Bizora V1.6.1 is now live. This release introduces improvements to state-level accuracy, expands support for federal tax questions across multiple tax years, and adds web search as a supporting capability when additional context is relevant. The updates in V1.6.1 reflect patterns we see repeatedly in real tax research. Users are working across years, navigating state and federal differences, and looking for reliable context without disrupting their workflow. This release add

The IRS has released the Applicable Federal Rates for December 2025, and tax professionals are already reviewing how these numbers affect year-end planning and early 2026 strategies. AFRs influence everything from intra-family loans to installment sales, estate and trust valuations, and corporate financing structures. Because the rates update every month, staying current is essential for compliance and for capturing planning opportunities. This month’s update reflects shifts

Throughout 2025, tax professionals managed rising workloads, tighter deadlines, and increasingly complex rules across federal, state, and global jurisdictions. Staffing shortages heightened the pressure on accuracy and documentation, making dependable technology a daily requirement rather than a long-term investment. As firms sought the top tax software for CPAs in 2025, research, preparation, reviews, and client communication relied more heavily on tools that kept teams orga

The IRS has released a new reminder encouraging taxpayers to begin organizing financial records for the 2026 filing season. Although tax year 2025 returns will not be filed until early 2026, the agency is emphasizing that advance preparation can significantly reduce filing errors, processing delays, missed deductions, and inaccurate reporting. For tax professionals, CPAs, and business owners, early preparation is not only a best practice. It is a key strategy that protects c

Bizora is pleased to announce a strategic partnership with TaxHack , an advisory firm known for its R&D tax credit expertise and technical tax support for innovation-driven businesses. This collaboration gives CPA firms, tax professionals, and advisory practices a direct, reliable path to evaluate whether their clients may qualify for the R&D credit and complete the technical work required to claim it. This partnership strengthens our value to firms by connecting AI-powered r

On November 19, Bizora’s Founder, Adam , visited the University of Southern California to train members of the USC Volunteer Income Tax Assistance (VITA) program. The goal was simple: help volunteers understand how Bizora can make tax research faster, clearer, and less stressful as they prepare for the upcoming season. USC VITA is known for its strong community impact. Every year, the program supports a wide range of taxpayers who rely on student volunteers for free, reliable

The American Institute of CPAs has formally asked the U.S. Department of the Treasury and the IRS to revise the current regulatory approach to dual consolidated losses under Regs. Section 1.1503(d) 5. This request is significant because the existing rules have long been considered one of the most complex and restrictive areas in international tax planning. The AICPA argues that the current structure discourages reasonable deductions, creates unnecessary barriers for U.S. mul

The Internal Revenue Service has released important new guidance for the 2025 tax year that affects workers who receive tip income or overtime pay. These updates come from provisions within the One Big Beautiful Bill and introduce significant planning opportunities along with new compliance responsibilities for CPAs, tax attorneys and business owners. Because these rules take effect immediately for 2025, it is important for tax professionals and employers to understand the I

State budgets across the country are entering a period of heightened uncertainty as revenue growth slows and fiscal pressures rise. Recent analysis from Fitch Ratings highlights a shift that tax professionals and business owners cannot afford to ignore. After several years of strong revenue collections and historic surpluses, many states are now preparing for a more challenging fiscal environment in 2026. Slower economic growth, uneven labor market trends, and the potential i

Tax professionals can now integrate Bizora’s AI research engine directly into their firm’s technology stack. V1.6 introduces API access, personalized workflows, and enhanced navigation, making AI-powered tax research more accessible and adaptable than ever. This release marks a significant evolution in how tax professionals interact with intelligent research tools. If V1.5  focused on transparency and deeper reasoning, V1.6 expands Bizora’s reach into new areas of your workfl

New York State is once again at the center of a major tax policy debate as Governor Kathy Hochul reviews whether to increase the state corporate tax rate. Recent reporting confirms that the Governor and her administration are evaluating a significant rate change as part of a broader effort to manage New York’s projected multiyear fiscal shortfall. For CPAs, tax attorneys and business owners throughout New York, this discussion is more than political theater. It has become a

The Internal Revenue Service has released updated retirement plan contribution limits for the 2026 tax year, and the changes will influence tax planning, business decision making and retirement readiness for millions of workers. These limits apply to 401(k) plans, 403(b) plans, most 457 plans and IRAs. Because workplace retirement plans remain one of the most powerful tax advantaged savings tools available, the new thresholds deserve careful attention from CPAs, tax attorney

The Treasury Department has signaled that significant tariff related policy changes may be on the horizon. Recent comments from Treasury Secretary Scott Bessent indicated that the administration is reviewing a potential two thousand dollar tariff dividend for qualifying families as well as several upcoming adjustments to import tariffs for widely consumed goods. While no official policy has been finalized, the signaling alone has direct implications for planning and advisory

Bizora is proud to announce a new partnership with the University of Southern California’s Volunteer Income Tax Assistance (VITA) program. This collaboration reflects our shared mission to make reliable tax help easier to access for individuals and families who need it most. The VITA program at USC plays a vital role in supporting low-income taxpayers across Los Angeles. Each year, student volunteers dedicate their time and skills to prepare free and accurate tax returns for

The Internal Revenue Service (IRS) has announced another round of workforce reductions, notifying approximately 1,400 employees of upcoming layoffs. This move adds fresh uncertainty to the agency’s already strained operational capacity. The layoffs come at a time when the IRS is still struggling to stabilize service levels and technology modernization efforts following years of attrition, budget turbulence, and evolving compliance demands. What Happened? According to the rep

Washington, D.C. is reshaping local tax policy in a historic way. On November 5, 2025, the D.C. Council voted to create the nation’s first citywide child tax credit, offering up to $1,000 per qualifying child beginning with the 2026 tax season. Alongside this major initiative, the city also announced it will decouple its local tax code from several provisions of the federal One Big Beautiful Bill Act (OBBBA). This decision represents more than just a fiscal maneuver. It refle

The IRS has announced important penalty relief measures for 2025, offering employers temporary flexibility as they adjust to new reporting requirements for cash tips and overtime pay. This update stems from the One Big Beautiful Bill Act (OBBBA) , which introduced several payroll and wage-reporting changes designed to improve transparency and compliance. While the IRS is easing penalties for the first transition year, the underlying reporting requirements remain in effect. Em