The Tax Blotter – Dec. 22, 2022
The 2023 tax filing season is about to kick off. Individual taxpayers should start assembling all the information needed for filing their 2022 returns.
The 2023 tax filing season is about to kick off. Individual taxpayers should start assembling all the information needed for filing their 2022 returns.
Donald Trump was the first major party presidential candidate in decades to refuse to release his returns to the public during his 2016 campaign.
If the IRS were to change its filing dates so that 1/12 of the taxpayers had tax returns due each month, instead of 100% of the taxpayers having tax returns due in the same month...
The $600 threshold is based on a threshold established by the Internal Revenue Code section 6041 established in 1954 and does not account for increases in ...
Tax experts sound off on the funding the IRS will get from Congress and what it could mean for the 2023 tax season.
The professional failed to pay taxes and filed and caused to be filed with the Internal Revenue Service false and fraudulent tax returns that included false statements ...
The Tax Blotter is a round-up of recent tax news and rulings.
Notably, you may use a loss to offset a short-term gain realized earlier in the year that would otherwise be taxed at a high ordinary income tax rate.