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
Tax Fraud by the Numbers
The Internal Revenue Service, in conjunction with the US Department of Justice, has ramped up its efforts to identify – and publicly bring charges against – tax preparers who actively engage in the filing of fraudulent returns.
Baby Boomers Lead the Way in Charitable Giving
When it comes to charitable giving, Baby Boomers are still the most active, even while at the same time they are looking at retirement and aging issues. The group, which includes people aged 49-67, donate more than 43 percent of all charity dollars, according to the Blackbaud Next Generation of American Giving study.
Oregon man guilty of ‘bizarre’ $400k tax fraud
A Portland, Ore., jury on Friday found Miles J. Julison guilty of making off with more than $400,000 in a bizarre tax-fraud scheme, and a federal judge, clearly perturbed by Julison's defiance, ordered him to await sentencing in jail.
Tax incentives for attracting new businesses mostly prompt expansion
More than 70 percent of the region's municipalities use tax incentives to attract business, but the vast majority of deals involve moves within the region...
Used car dealer gets 30 months in prison for tax evasion
A Henrico County (North Carolina) man who owned a used-car business in South Richmond was sentenced in federal court Tuesday to 30 months in prison for tax evasion.
New York law strips drivers license from tax delinquents
You can't drink and drive, or text and drive and now, in New York, it is illegal to be a tax scofflaw and drive.
In Washington state, the legal marijuana business will vary by city
Washington cities vary in welcoming pot commerce
AICPA urges Congress to take action against patent trolls
The American Institute of Certified Public Accountants has issued a statement and letter to the leaders of both the United States Senate and House of Representatives, urging them to take action regarding patent refoms, which the group says is necessary because of what it calls fraudulent litigation by some organizations that exist solely for suing over patent rights.