Income Tax
Latest News
IRS Updates Clean Vehicle Tax Credit FAQs
Ex-EY Executive to Take Over as Global CEO for Law Firm Dentons
Wolters Kluwer Acquires European Tech Portfolio, Including CodaBox, ClearFacts, Clearnox, Zoomit, and Flowin
IRS Chief Receives NATP’s Inaugural Vanguard Award
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Former Trump Org CFO Testifies He Kept Two Sets of Books
Allen Weisselberg described how he and other executives illegally saved hundreds of thousands of dollars on taxes.
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Unprofitable Startups May Owe 2022 Taxes
A provision in the Tax Cuts and Jobs Act (TCJA) changes how tax law treats research and development expenses ... pushing many money losing startups into owing taxes.
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Ex-Trump Org CFO Implicates Company in Tax Fraud Case
Allen Weisselberg pleaded guilty in August to the multi-year tax fraud scheme at the heart of the case.
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Controller for Trump Org Deemed Hostile at Tax Fraud Trial
Jeffrey McConney admitted to helping executives cheat on their taxes while working down the hall from Donald Trump.
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Retailers and Manufacturers Can Get Tax Deduction with Product Philanthropy
If product philanthropy hasn’t been on your radar as a year-end strategy for such clients, here are some insights into why in-kind donation might be one way of boosting their bottom lines.
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Buy an EV Now or Later? The Tax Credit Rules are About to Change
Qualification requirements change in January following the passage of the Inflation Reduction Act.
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Longtime Trump Executive Details Rampant Tax Fraud at NYC Trial
Jeff McConney took the stand Nov. 10 and acknowledged illegal practices at the Trump Organization.
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Some Tuition Costs Can Qualify for Medical Tax Deduction
If you have children in college, you may be able to claim one of two higher education credits for qualified expenses, although these tax benefits are phased out for upper-income taxpayers.