Taxes
Latest News
An Increase in Customer Theft is Increasing Restaurant Prices
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
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AICPA Provides Recommendations on Proposed Regulations Under Section 987
The proposed regs provide a new transition rule replacing the 2016 final regulations fresh start methodology, which accounts for the unrecognized section 987 gain or loss accrued before the transition date.
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Jeff Bezos Will Avoid Capital Gains Tax Thanks to His Move to Florida
The billionaire avoided Washington state's 7% capital gains tax on a recent sale of $2 billion worth of Amazon stock.
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House Bill Proposes to End Social Security Tax for Retirees
A House Democrat has proposed to eliminate tax on Social Security benefits. Here’s what that could mean for retirees and workers.
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Why Businesses with High Capex Should Delay Filing Their Tax Returns This Year
With a bipartisan bill making its way through Congress, entrepreneurs might be able to take advantage of additional tax cuts.
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IRS Updates FAQs For Premium Tax Credit
The IRS released a fact sheet on Feb. 9 that includes updated frequently asked questions about the ACA-created tax credit.
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Betting on the Super Bowl? Don’t Forget About Taxes
Super Bowl Sunday is approaching, and fans are talking about the Chiefs, 49ers, and the ads, but what about sports betting taxes?
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IRS Cautions Tax Pros About New EFIN Email Scam
The IRS warned that scammers are posing as tax software providers and requesting EFIN documents from tax professionals.
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Retired IRS Agent Gets Month in Jail for Causing Fatal Crash in Ohio
James Farley pleaded guilty last month to aggravated vehicular homicide, which is a third-degree felony.