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
Former Hawaii police major pleads guilty to tax evasion, lying to FBI
A former Honolulu police major who retired in 2011 amid allegations that he extorted money from the operator of an illegal gambling house pleaded guilty in federal court Tuesday to felony charges.
Taxpayer Advocate cites lack of checks and balances in IRS nonprofit screening
National Taxpayer Advocate Identifies Priority Issues for Upcoming Year; Reports on Exempt Organization Review Concerns
![IRS_Werfel](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/12003/werfel-a9a497f2c0a168e95e8a27b_10976774-768x575.png)
New IRS Commissioner outlines steps toward accountability, reform
Internal Revenue Service Principal Deputy Commissioner Danny Werfel today issued a report outlining new actions and next steps to fix problems uncovered with the IRS’ review of tax-exempt applications and improve the wider processes and operations in place at the IRS.
South Carolina Governor signs $1 billion transportation funding bill
After Gov. Nikki Haley signed into law Monday a bill pledging to spend close to $1 billion over the next 10 years to repair S.C. roads, state Department of Transportation Secretary Robert St. Onge said what a lot of people were thinking.
IRS: Tax fraud turns to murder charges in California
When Oakland, California rapper Brondon "Thudda Boy" McDaniel decided on his own last year to commit tax fraud, using a scheme he and two others devised a year earlier, he didn't realize the decision would result in his death, a prosecutor said Monday.
NFL: Dolphins owner forms super PAC
Miami Dolphins owner Stephen Ross has begun exacting his political revenge against state lawmakers who stood in the way of his proposed renovation to Sun Life Stadium.
Mortgage lending rising again as banks ease policies
Real estate agent Mickey Knickerbocker was as surprised as anybody when her client closed on a $905,000 Manhattan Beach town house using "piggyback" financing: a two-mortgage deal designed to minimize the down payment.
Massachusetts couple sues accountant for tax troubles
A Middleton, Mass., couple who admitted to federal tax charges that sent the husband to prison and the wife to a halfway house have blamed their accountant for their predicament.