Tax

The 19th annual NYU/KPMG Tax Lecture Series will explore the theme “Global Tax Roller Coaster – Adapting to an Environment Riddled with Complexity, Uncertainty and Instability.”

Incredibly, the IRS says it is holding as much as $14 billion in unclaimed tax refunds owed to an estimated 1.2 million taxpayers who did not file 2015 federal income tax returns (IR-2019-38, 3/13/219).

For many real estate investors, there comes a point in their lives where they no longer want to be bothered with the headaches that come with actively managing their properties.

Many tax practitioners are familiar with how to assist their clients who have been a victim of tax identity theft, but how many tax professionals know how to safeguard their clients from the risks that are lurking in their own offices?

As of December 13th, 2018, the PDC Program has directly collected $130.6 million in voluntary payments of long past-due tax revenue, plus millions more has been collected by the IRS as a result of PDC Program taxpayer outreach.

Fewer North Americans tune into traditional television and cable these days, and it’s harder to find an American or a Canadian who doesn’t stream at least some shows or movies. Likewise, despite the vinyl revival, there’s a rising generation for whom ...

Victims of Sunday’s tornadoes and severe storms in Alabama have until July 31, 2019, to file certain individual and business tax returns and make certain tax payments, the Internal Revenue Service has announced.

With the Tax Cuts and Jobs Act, the most sweeping tax reform legislation in more than 30 years now in effect, some taxpayers may choose to have a paid professional prepare their tax returns this year even if they’ve done it themselves in years past.