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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Tax Court Rejects Argument That A ‘Citizen’ Is Not Subject To Tax
There have been many schemes to avoid paying taxes. The IRS has, for years, included these schemes and the related…
IRS Online Tax Filing Program Faces Challenges, Including Building Trust
Last month, the IRS got folks talking when it announced it was launching a pilot program for a free direct…
Evolution Of TCJA Affected By Tax Provisions In CARES, ARPA, And IRA
As originally enacted, many Tax Cuts and Jobs Act provisions were set to expire, phase out, or otherwise change between…
In Remote Work Battles, College-Educated Employees Still Have The Upper Hand
The ongoing struggle between employers and employees over remote work continues. Some employers are threatening remote workers, while others are…
Rewards And Punishments: Remote Work And Returning To The Office
The ongoing struggle between employers and employees over remote work continues, with some employers threatening remote workers, while others offer…
Berlusconi Leaves Behind A Complicated Legacy Involving Politics, Soccer And Tax Fraud
Former Italian prime minister Silvio Berlusconi died Monday at the age of 86. Berlusconi, who ultimately became a billionaire, wasn't…
Crisis Averted: Breaking Down The Debt Ceiling Bill
Tax Notes reporter Alexander Rifaat discusses the tax implications of the recently passed debt ceiling bill and gentleman's agreement over…
House Ways And Means Committee Introduces Potential Tax Extender Bill
On Friday, the House of Representatives introduced three bills that the House Ways and Means Committee plans to mark up…
Jimmy Carter’s Populist Tax Talk
Jimmy Carter was in hot water. On the eve of the crucial New Hampshire primary, the former Georgia governor had…
IRS Tax Lessons From Trump Indictment
Plainly, the indictment of former President Donald Trump is not about taxes. There are no tax charges, and it does…
European Union: A New VAT And Customs Regime For E-Commerce Platforms
The EU platform economy is estimated to generate a substantial €25.7 billion in VAT revenue annually. Given that the e-commerce…
IRS Encourages Taxpayers To File Late Returns By June 14 To Avoid A Bigger Penalty
Haven't yet filed your 2022 taxes? Now is your chance. If you missed the April 18 tax deadline to file…
Bill Would Strip PGA Tour Of Tax-Exempt Status After Saudi Merger Announcement
This week, the golf world was shocked when PGA Tour commissioner Jay Monahan announced that the PGA Tour and the…
Expanding Child Tax Credits Provides More Effective Inflation Relief Than A Higher Standard Deduction
Representatives Nicole Malliotakis (R-NY) and Michelle Steel (R-CA) have introduced the Working Families Tax Cut Act to increase the standard…
Will The IRA Tax Credit Transfers Meet The Same Fate As Safe Harbor Leasing?
This opinion piece puts the transferability component of the Inflation Reduction Act's (IRA, P.L. 117-169) energy tax credit changes into…
California Flood Victims Being Flooded With Erroneous IRS Notices
It’s the type of job computers (even really old computers running arcane software) should be good at— "IF" a ZIP…
Why A National Sales Tax Is A Terrible Idea
Governor Ron DeSantis recently and forcefully slapped the issue of dealing with the fearful wrongdoing of the IRS and the…
House Proposal Would Restore Expanded And Improved Monthly Child Tax Credits
A group of U.S. Representatives has introduced the American Family Act, legislation that would make the previously expanded and improved…