Taxes

As more people become interested in buying and selling digital assets, the IRS is ramping up its crypto tax enforcement efforts.

U.S. retail sales rose in July by more than forecast, suggesting consumers still have the wherewithal to sustain the economic expansion.

The IRS says this electronic option removes a step in the paper process, which saves time and eases the burden on international taxpayers.

By adding RA services to your CPA firm, you’ll become your clients’ one-stop solution for their business needs, including accounting, tax, and compliance services.

You just welcomed a new bundle of joy into the world. But once the euphoria has worn off, you’ll start to realize—if you haven’t already—that kids are expensive.

Many limitations have been placed on traditional tax shelters over time, but the benefits of “irrevocable life insurance trusts” (ILITs) remain intact.

In total, Gonzalez caused a tax loss to the IRS of more than $420,000.

The system is currently used by major tax agencies around the world, including the Internal Revenue Service's Criminal Investigation Division and multiple states' tax authorities in the U.S.