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U.S. Consumer Inflation Outlook Fell Slightly, Fed Survey Shows
KSM Adds Valuation Firm ValueKnowledge in Illinois
How AI is Reshaping the Future of Finance
EY Acquires HR Tech Consulting Firm Jubilant
IRS Adds Security Steps For Tax Pros to Receive Transcripts
The IRS told tax professionals last week it’s making changes that will impact how practitioners obtain a client's tax transcripts.
IRS: Energy-Efficient Rebates Not Income
However, taxpayers will need to reduce the basis of the property when they sell it by the amount of the rebate, the IRS said last week.
Ex-IRS Agent Accused of Filing Error-Filled Returns, Costing $42M in Lost Taxes
The Justice Department is asking a judge in Washington state to ban Donald J. Taylor from preparing federal tax returns.
Walgreens Hit With $2.7 Billion Tax Bill After IRS Audit
The IRS is seeking $2.7 billion from Walgreens Boots Alliance for unpaid taxes due to alleged issues over transfer pricing.
Federal Judge Rejects Hunter Biden’s Bid to Dismiss Tax Case in L.A.
April 1 ruling clears the way for the president's son to face court proceedings during the contentious 2024 election cycle.
COVID Fraud Cases Have Totaled Nearly $9 Billion, IRS Crime Unit Says
Over the last four years, IRS-CI has investigated 1,644 tax and money laundering cases related to COVID fraud totaling $8.9 billion.
IRS Direct File Tool May Be Especially Helpful to Latino Americans
Latinos—as well as individuals of any background— may fall victim to unqualified service providers who prey on their community.
Judge Skeptical of Hunter Biden’s Effort to Dismiss Tax Case as Politically Charged
Lawyers for President Biden's son asked a federal judge in Los Angeles on March 27 to throw out nine tax-related charges.