Tax

Generally, any person in a trade or business who receives more than $10,000 in cash in a single transaction or in related transactions must file a Form 8300. By law, a “person” is an individual, company, corporation, partnership, association, trust or ...

Business owners, especially restaurants and bars, should anticipate a sales tax audit if they are implementing Covid-related fees.

SafeSend and Thomson Reuters will collaborate to build a technology integration that will fully streamline the process that starts at final review and sign-off of completed tax returns, offers an intuitive, and self-guided client experience, and ends ...

The AICPA says that Congress must address taxes, PPP forgiveness, remote work issues, local government support and liability protections in the next round of Covid relief.

For those who missed the July 15 tax deadline and didn’t request an extension, the Internal Revenue Service reminds taxpayers about some important tips, including filing electronically as soon as possible to reduce potential penalties.

The Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, waives required minimum distributions during 2020 for IRAs and retirement plans, including beneficiaries with inherited accounts.

Tax sheltering and land investing go hand-in-hand. That’s because there are a myriad of tax sheltering options from which to choose, including 1031 exchanges, Delaware Statutory Trusts (DSTs), depletion of tax ...

Leaders from five international tax organizations are marking the two-year anniversary of the formation of the Joint Chiefs of Global Tax Enforcement (J5) this week. The J5 includes the Australian Taxation Office (ATO, the Canadian Revenue Agency (CRA), the Dutch Fiscal Information and Investigation Service (FIOD), Her Majesty’s Revenue and Customs (HMRC) from the UK […]