Taxes
IRS Disallows 20,000 ERC Tax Refund Claims As Enforcement Tightens
As part of continuing efforts to combat dubious Employee Retention Credit (ERC) claims, the Internal Revenue Service is sending an initial round of more than…
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Key Tax Changes Proposed In The New American Families And Jobs Act
The Internal Revenue Service (IRS) governs some of the most complex laws in the world. Beyond the complexity, the pace…
Best Dividend Stocks For Reliable Income: July 2023
What are some good dividend stocks to buy? The right answer depends on your financial goals. With dividend stocks, there's…
Tax Worries? You Don’t Have Attorney Client Privilege With Your Accountant
Taxes are complex, and the line between creative tax planning and tax evasion isn't always clear. How aggressive are you…
Supreme Court Will Hear Case Targeting Tax On Unrealized Gains
The Supreme Court has added a new tax case to its docket for the 2023-24 term: Moore v. United States.…
Missing Tax Court Deadline By A New York Minute
Antawn Jamal Sanders has probably set a record although he is not likely pleased. How close can you get to…
U.N. Revisits The International Tax Architecture
U.N. Secretary-General António Guterres is expected to release a much-anticipated report on international tax cooperation within a few weeks. As…
Becoming A ‘Large’ Business For UK Tax Purposes- Senior Accounting Officer
Falling into the Senior Accounting Officer regime for the first time The Senior Accounting Officer (SAO) regime forms a key…
Cash Infusion For Clean Energy Initiatives
As part of the Inflation Reduction Act (“IRA”) passed in August of 2022, $391 billion of governmental funding was allocated…
A Deliciously Cheesy Tax Story—How French Farmers Outwitted The Tax Man
Every Friday night, my family celebrates cheese night. Okay, celebrate might be a strong word. But for the last few…
GOP House Bill Would Hobble IRS, Bar Funds From Being Used To Protect Commissioner
IRS funding is back in the news. Less than a month after a debt ceiling agreement that would claw back…
IRS Taxes Personal Injury Settlements, Here’s How
The tax treatment of legal settlements and judgments depends on the claims, whether the case settles or goes to judgment,…
Taxpayer Advocate Says IRS Improved Taxpayer Experience In 2023, Still Work To Be Done
"What a difference a year makes!" That's how National Taxpayer Advocate (NTA) Erin M. Collins kicked off the preface to…
The Bipartisan Road To A U.S. Carbon Border Tax
The United States does not have a carbon border tax. But legislation recently introduced by a bipartisan group of senators…
Five Years Of Wayfair: Continuing Complexity In State Taxes
Scott Peterson of Avalara discusses the South Dakota v. Wayfair decision, including how companies and states are faring five years…
Heirs Can Be Personally Liable For Estate’s Taxes
The heirs of an estate can be liable to pay the estate or income taxes (and perhaps other obligations) of…
Hunter Biden Failed To Pay Taxes—Here’s Why He’s Likely Not Going To Jail
After months of speculation, Hunter Biden, the son of President Joe Biden, has been charged with tax and gun charges.…
Don’t Judge The Tax Cuts And Jobs Act’s Anti-Profit-Shifting Measures Yet
Despite U.S. lawmakers’ eagerness to pass final judgment on the 2017 Tax Cuts and Jobs Act’s signature anti-base-eroding measures, it…
By Scoring A Lucrative Deal At Inter Miami, Lionel Messi Is Playing A New Financial Game
The greatest soccer player in the world made a smart move choosing Florida, a state with no income tax. But…