Income Tax
Latest News
FASB Seeks Comment on Financial KPIs
N.Y. Congressman Requests Trump’s Support For Tax Cap Elimination
AICPA News – Nov. 2024
Chicago Aldermen Give Mayor Brandon Johnson’s $300M Property Tax Plan the Boot
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.
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.
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.
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 ...
National Convenience Store Chain to Sell Marijuana
The retail partnership will begin next year with 10 of the company’s 600 locations in Florida.
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.
Working Out a 1031 Exchange of Real Estate
You can still avoid current capital gains tax when you exchange one real estate property for another, or as a result of an exchange involving multiple parties, as long as certain requirements are met.
Congress to Mull Extending Tax Breaks for Kids, Companies
Passage could offer a marginal lift to households and companies next year as the U.S. faces risk of a recession.