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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Trump’s Signature on Weisselberg Apartment Lease Shown to Jury in Tax Fraud Trial
The trial threatens to reveal the inner workings of the real estate empire that set Trump on his path to the White House.
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Count LTCI Premiums for Medical Deduction
You can add the cost of premiums to the amount you need to surpass the deduction threshold for medical expenses. But the IRS strictly limits the amount you can write off for LTCI insurance each year.
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How to Secure a Deduction for a Medical Dependent
The tax law also allows you to write off amounts paid for a dependent such as an elderly relative.
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7 Jurors Seated in Trump Organization Tax Fraud Trial
Prosecutors say the Trump Org and its sister payroll company disguised millions in taxable income for 15 years.
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Trump Firm’s Tax Fraud Trial Promises Ex-CFO as Star Witness
Allen Weisselberg, who worked with the Trump family for five decades, was the company's accounting chief.
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IRS Warns of Third-Party Employee Retention Credit Claims
These third parties often charge large upfront fees or a fee that is contingent on the amount of the refund and may not inform taxpayers that ...
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National Convenience Store Chain to Sell Marijuana
The retail partnership will begin next year with 10 of the company’s 600 locations in Florida.
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PALs May Not Be Your Friend – Rental Property Tax Tips
If you own investment real estate that you rent out to tenants—for example, an apartment building—it can be a steady source of annual income.