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IRS Shares Five New Warning Signs of Incorrect ERC Claims
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
IRS Provides Tax Relief Following Israel Terrorist Attacks
Taxpayers impacted by the Oct. 7 terrorist attacks on the State of Israel have extended tax filing and payment deadlines.
Why Microsoft’s $29 Billion Tax Bill Could Be the Big Knockout Punch in Fight with the IRS
It’s the culmination of years of litigation between the company and the tax agency—which might not be over yet.
Former CFO of Russian Natural Gas Firm Gets 7 Years in U.S. Prison for Tax Crimes
Gyetvay was convicted of concealing his ownership and control over substantial offshore assets and did not file tax returns or pay taxes on millions of dollars of income.
Two Supreme Court Cases Could Change the Tax Landscape
The Supreme Court’s new term started October 2, and there are some interesting tax-related cases on its docket.
Stressing About RMDs? Here Are Two Ways to Reduce or Even Eliminate Them
How might required minimum distributions affect your retirement, your tax situation, and your legacy with loved ones?
Treasury Releases Guidance for New EV Tax Credits
The consumer discount is one of the significant changes to electric vehicle tax credits implemented under the Inflation Reduction Act.
Report Claims Giuliani Owes Nearly $550,000 in Back Taxes to IRS
According to a report, former New York City mayor Rudolph Giuliani owes $549,435.26 in unpaid taxes and, as a result, the agency has placed a tax lien on a condo he owns in south Florida.
Be on the Lookout for Art Donation Tax Scams, IRS Says
Taxpayers, particularly wealthy filers, were warned Thursday about scams involving exaggerated art donation deductions.