Income Tax
Latest News
IRS Shares Five New Warning Signs of Incorrect ERC Claims
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
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Which States Cost the Most in Taxes Over a Lifetime?
New Jersey residents will pay the most in lifetime taxes, and people in West Virginia will pay the least, according to a Self Financial study.
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Bipartisan $78 Billion Tax Deal Hits GOP Roadblock in Senate
Senate Republicans don’t want to hand President Biden an election-year victory on the legislation, which passed the House in January.
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Ex-IRS Agent Accused of Filing Error-Filled Returns, Costing $42M in Lost Taxes
The Justice Department is asking a judge in Washington state to ban Donald J. Taylor from preparing federal tax returns.
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Walgreens Hit With $2.7 Billion Tax Bill After IRS Audit
The IRS is seeking $2.7 billion from Walgreens Boots Alliance for unpaid taxes due to alleged issues over transfer pricing.
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How Retirees Can Minimize the Net Investment Income Tax
One strategy is to consider your filing status, which can affect the NIIT that successful retirees pay on certain investment income.
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Federal Judge Rejects Hunter Biden’s Bid to Dismiss Tax Case in L.A.
April 1 ruling clears the way for the president's son to face court proceedings during the contentious 2024 election cycle.
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Four Ways to Give Money Tax-Free to Your Children
If you’d prefer that your estate not pay more taxes than necessary, then these strategies are for you.
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IRS Direct File Tool May Be Especially Helpful to Latino Americans
Latinos—as well as individuals of any background— may fall victim to unqualified service providers who prey on their community.