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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Fraudulent Tax Refund Grab Involving Identity Theft Nets Man 34 Years In Prison
Ayodele Arasokun was sentenced today in West Virginia to 34 years in federal prison for orchestrating an international tax scheme.…
An Update On The Foreign Tax Credit Rules And IRS Relief
Tax Notes reporter Andrew Velarde discusses the latest developments on the final regulations for claiming foreign tax credits, including the…
Rapper Tyga Buried Under $8 Million In Tax Debt Keeps Going Deeper
Michael R. Stevenson is better known by his stage name of Tyga. Tyga is a successful rapper, who like many…
IRS Says Disability Pay Is Taxable Or Tax Free, Here’s How To Tell
What is taxed and what isn’t can be confusing. In the case of disability pay, whether it is taxed or…
For U.S. Territories, IRA Tax Credits Remain A Complicated Question
The Inflation Reduction Act includes U.S. territories in the expansion of clean energy tax benefits, but only partially. The proposed…
IRS Is Hiring Thousands Of New Workers To Ramp Up Focus On Millionaires And Large Corporations
The IRS is hiring thousands of new workers. Just weeks after the tax agency announced plans to ramp up its…
Can You Keep Working From Home? Not Every Employee Has Access
As companies continue to struggle with managing remote work for their employees, many workers want at least some flexibility. But…
Can You Keep Working From Home?
As companies continue struggling to manage remote work for their employees, many workers want at least some remote work. But…
IRS, Citing Rampant Fraud, Stops Processing Covid Era Employment Tax Credit
Citing "rising concerns about a flood of improper Employee Retention Credit claims," the IRS has announced an immediate moratorium on…
Do American Expats Need Their Own Taxpayer Advocate?
A few years ago, a neighbor of mine was having a serious problem with the Social Security Administration. The agency…
Georgia Suspends Gas Tax After Declaring State Of Emergency Over Higher Prices
Gasoline in Georgia just got a little cheaper. Governor Brian P. Kemp (R) declared a State of Emergency in the…
The Intersection Of U.S. Tax Law And Democracy
Professor Clint Wallace of the University of South Carolina School of Law discusses his argument for using tax policy to…
Marijuana Dispensary Owner Convicted Of Evading Federal Tax, Obstructing The IRS
A federal jury in Detroit has found Ryan Richmond of Bloomfield, Michigan, guilty on charges including evading federal income taxes…
New IRS Form 1099 Crypto Reporting Rules Bring More Taxes
Do you pay tax on your crypto gains? The IRS wants you to. Do you claim tax losses for your…
It’s Time For The United States To Move On From The Digital Services Tax Feud
As the mass proliferation of digital services taxes becomes increasingly certain, the United States may be wise to reassess its…
Meta And Other Employers Can’t Figure Out Working From Home
The COVID pandemic-induced growth in working from home (WFH) continues rippling through the economy, highlighting tensions for both employees and…
Costs And Frustrations Grow As Escaped Killer Continues To Elude Law Enforcement
My family and I had big plans to go to Phoenixville, Pa., today to watch "My Big Fat Greek Wedding…
Timeshare Tax Shenanigans End With Large Penalties
When I saw the Ninth Circuit decision in the case of James Tarpey, something about it was familiar. It turns…