Taxes
Latest News
‘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
New Jersey Joins IRS Direct File For 2025 Filing Season
IRS Bumps Up HSA Contribution Limits for 2024
The new inflation-adjusted amounts mean employees will be able to put more money in their HSAs next year than this year.
Energy and Fuel Companies Prioritizing Tax Compliance
When it comes to managing excise tax compliance, many energy and fuel businesses are burning the midnight oil to keep up.
Former IRS Staffer Gets Jail Time for Identity Theft, Tax Fraud
Deena Vang Lee, a former IRS employee in Fresno, CA, and private tax preparer, received four years and six months in prison.
Sales Taxes in South Dakota to Decrease
South Dakota’s state sales and use tax rate will drop from 4.5% to 4.2% starting July 1, 2023.
How to Efficiently Complete a Business Personal Property Rendition
A personal property rendition is a report that lists all business assets (personal property) that are subject to personal property tax, which is typically all tangible personal property unless a specific exemption applies.
IRS Chief Daniel Werfel Says He Is ‘Deeply Concerned’ About Racial Bias in Audits
An academic study revealed that Black Americans are up to five times more likely to be audited than taxpayers of other races.
Sizing Up a Charitable Deduction for Clothing: When is an Appraisal Required?
Adhere strictly to the substantiation rules for charitable donations. A deduction worth thousands of tax dollars could be at stake.
Banks Face Increased Regulatory Oversight
U.S. regulators are ratcheting up oversight efforts across the banking system as they lack the ability to quickly overhaul rules to blunt turmoil that’s already collapsed four mid-sized lenders.