Taxes

The U.S. Tax Court determined that the exception to net earnings from self-employment in Section 1402(a)(13) of the Internal Revenue Code of 1986, as amended, does not automatically apply to all limited partners in a state law limited partnership.

While the exact number was not available, the Treasury Department says Texas has the most filers on a per capita basis.

Ndeye Amy Thioub, 67, also taught college-level classes on accounting standards and ethics at Salem State University.

The Internal Revenue Service is urging businesses to review seven suspicious signs of a bad claim and see if the agency’s special programs can help them avoid future compliance issues.

The tax, which would impact the top 0.05% of the nation’s households, would bring in $3 trillion in revenue over 10 years.

Having basic knowledge of how life’s biggest milestones may impact the way you file your taxes is essential to ensuring that tax season goes smoothly for you and your family.

Stephen Jake McGonigle, 66, was ordered to pay the $1.2 million in restitution that he took from victims in the scheme.

The nation’s lawmakers may allow these provisions to expire as written into the TCJA, extend them indefinitely, for a period of time or even permanently, or otherwise modify them.