Taxes
Latest News
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
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Trump Paid $0 in Federal Income Tax for Last Year in White House
The former president claimed he lost some $5 million in 2020 and therefore paid no taxes when he filed last year.
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If I Were the IRS Commissioner…
If the IRS were to change its filing dates so that 1/12 of the taxpayers had tax returns due each month, instead of 100% of the taxpayers having tax returns due in the same month...
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Treasury Sets Tight Deadline for Getting Out Guidance on Inflation Reduction Act Tax Provisions
Before year’s end, Treasury said it will release information on the tax provisions contained in the legislation.
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House Ways and Means Votes to Release Trump’s Tax Returns to Public
Exactly when and how six years of the former president’s tax information will be released remains unclear.
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Suspected Digital Holiday Shopping Fraud in U.S. Increases 127%
18% of e-commerce transactions between Nov. 24 and Nov. 28 in the U.S. were suspected to be fraudulent.
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IRS Says Early Tax Filers Should Wait and File Later in 2023
The word of caution from the IRS comes due to a change in how the tax agency issues 1099-Ks.
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IRS Puts Out Guidance on New Sustainable Aviation Fuel Credit
It applies to a qualified fuel mixture containing sustainable aviation fuel for sales or uses in calendar years 2023 and 2024.
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Sam Bankman-Fried Prepared to Be Extradited to U.S. as Soon as Monday
The disgraced FTX co-founder is expected to disclose in court today that he won’t fight extradition.