Taxes December 26, 2024
With a thorough understanding of their unique circumstances and the latest tax regulations, you can transform complex tax challenges into clear, actionable solutions—setting the stage for your clients’ financial success in 2025 and beyond.
December 26, 2024
December 23, 2024
December 19, 2024
December 18, 2024
Taxes June 26, 2024
While the 2024 filing season generally ran smoothly, there are still several challenges impacting taxpayers, Erin Collins says.
Taxes June 25, 2024
The IRS apologized to the billionaire founder of Citadel for failing to protect his tax information from being leaked to the press.
Taxes June 24, 2024
A bill introduced by Republican lawmakers would ax federal and employment taxes on tips, but doing so could come at a price.
Taxes June 21, 2024
The review involved months of digitizing information and analyzing data since last September to assess a group of more than 1 million Employee Retention Credit (ERC) claims representing more than $86 billion filed amid aggressive marketing last year.
Taxes June 21, 2024
He is scheduled to be sentenced on Sept. 17 and faces a maximum sentence of five years in prison, a period of supervised release, restitution and monetary penalties.
Taxes June 21, 2024
A taxpayer is permitted to receive a distribution from an applicable eligible retirement plan to meet unforeseeable or immediate financial needs relating to necessary personal or family emergency expenses.
Taxes June 21, 2024
Cost concerns and blue-district GOP issues prompt strategy rethink among Republicans charged with reviewing the expiring provisions.
Taxes June 21, 2024
Top party lawmakers are making it clear that taxes need to rise on wealthy individuals and multinational corporations.
IRS June 18, 2024
If provided under an educational assistance program, certain educational assistance benefits can be excluded from gross income.
Taxes June 17, 2024
Cracking down on this tax loophole used by the wealthy could raise more than $50 billion in revenue over 10 years, Treasury said June 17.
Small Business June 17, 2024
The tax agency is plagued with backlogs in processing employee retention tax credits, and the lawsuits are springing forth.
Taxes June 14, 2024
Many Republicans said the idea had merit and should be discussed, and Democrats were reluctant to dismiss the idea outright.