Income Tax
Latest News
Taxbit Unveils New Global Tax Reporting Platform
April Launches New Tax Filing Solution to Tackle Complex Financial Situations
Sovos Introduces 1099 Professional For SMBs
Vero AI Launches Iris GRC
Former California Tax Preparer Gets 10 Years For Tax Fraud That Targeted 13 States
Stephen Jake McGonigle, 66, was ordered to pay the $1.2 million in restitution that he took from victims in the scheme.
Tax Law: These TCJA Provisions Will Expire Soon
The nation’s lawmakers may allow these provisions to expire as written into the TCJA, extend them indefinitely, for a period of time or even permanently, or otherwise modify them.
Is President Biden On the Right Track With His Billionaire and Business Tax Increase Plans?
The president recently introduced several tax proposals targeting big businesses and the wealthiest Americans.
IRS Offers Special Resources Pages in 21 Languages
The agency's multilingual efforts are a part of its Strategic Operating Plan, which has received additional funding since the enactment of the Inflation Reduction Act.
Money Mule Networks Are on IRS Criminal Investigation’s Radar
Money mules are people who, at someone else’s direction, receive and move money obtained from victims of fraud.
Louisiana Doctor Gets 4 Years in Prison for Tax Evasion
Dr. Melissa Rose Barrett, of Baton Rouge, owed the IRS approximately $1.6 million in income taxes.
Miami Businessman Charged With Hiding Millions in Swiss Bank Accounts, Evading Taxes
Dan Rotta, who is accused of dodging taxes for decades using accounts at UBS and Credit Suisse, was granted a $15 million bond.
Why Businesses Shouldn’t Rely on AI-Powered Tax Prep Advice
A Washington Post investigation found TurboTax's and H&R Block's AI tools are not up to snuff.