Small business owners constantly have a lot to think about, so it’s understandable that taxes may not always be top of mind. However, with most major provisions of the Tax Cuts and Jobs Act being implemented in 2018, now is the time to start making ...
Before starting a summer job, taking a vacation or sending the kids off to camp, the Internal Revenue Service wants taxpayers to know that some summertime activities may qualify for tax credits or deductions. The IRS also recommends that taxpayers ...
Wolters Kluwer Tax & Accounting is offering the timely live webinar, Sales Tax Nexus – Post Wayfair, hosted by internationally recognized tax expert Mark Friedlich, Esq, CPA and Senior Director Corporate Indirect Tax at Wolters Kluwer Tax & ...
There used to be a time when brick and mortar stores thought they were losing ground to upstarts like Amazon, who initially didn’t charge sales tax because Amazon didn’t have a physical presence in the state where the sale was made. Eventually Amazon ...
I read a lot of Tax Court Cases, and this one had me so confused, I thought the taxpayers were doing the case pro se (representing themselves). This is a case of an attorney just wanting to collect a large fee, because there is no legal footing ...
Most veterans who received a one-time lump-sum disability severance payment when they separated from their military service will receive a letter from the Department of Defense with information explaining how to claim tax refunds they are entitled to...
As a result, many states have passed new tax measures to compliment or counter the affects of the new federal tax laws on their residents.
Think of the most heinous crime that you can make money doing. For me, it’s human trafficking. Let’s say you get arrested for this crime, and spend five years in prison. In the meantime, you didn’t claim any of the income you made from human trafficking. The IRS comes knocking with a Notice of Deficiency […]