Income Tax
Latest News
N.Y. Congressman Requests Trump’s Support For Tax Cap Elimination
Chicago Aldermen Give Mayor Brandon Johnson’s $300M Property Tax Plan the Boot
Some Enrolled Agents Have Until Jan. 31 to Renew Their Status, IRS Says
Rho Launches Partner Portal Specifically For Accountants
Tough Tax Law Test for Real Estate Professionals
Generally, investors in activities such as real estate in which they don’t materially participate can only take deductions up to the amount of their passive income for the year.
$1.7 Trillion Government Spending Package Clears Senate and House, Heads to President
On Thursday, 166 members voted by proxy, taking advantage of the pandemic-era policy that Republicans have vowed to end in the next Congress,
Three Key Expiring Business Tax Provisions
At this time of year, Congress usually addresses a number of tax law provisions that are going off the books.
IRS Puts $600 1099-K Threshold Rule on Hold
The Internal Revenue Service today announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax filing season.
When to Expect 2023 IRS Income Tax Refunds – Estimated Date Chart for Tax Refunds
This chart shows an estimated timeline for when a taxpayer is likely to receive their refund, based on information we have now, and using projections based on previous years- and depending on when a person files their return.
Sam Bankman-Fried Released on $250 Million Bond in FTX Fraud Case
The bail package requires him to stay with his parents and submit to electronic monitoring.
IRS Tax Refund Chart for 2023: “When Will I Get My Tax Refund?”
This chart shows an estimated timeline for when a taxpayer is likely to receive their refund, based on the information we have now, and using projections based on previous years.
The Tax Blotter – Dec. 22, 2022
The 2023 tax filing season is about to kick off. Individual taxpayers should start assembling all the information needed for filing their 2022 returns.