Browsing: Taxes

Defamation verdicts and settlements regularly make the news. But we rarely learn what plaintiffs keep from their victories. After fees and taxes, it can be shockingly…

The IRS Electronic Tax Administration Advisory Committee (ETAAC) has released its 2023 Annual Report to Congress. The report looks at e-filing practices and data security and…

IRS audits of businesses claiming the Employee Retention Credit (ERC) are in full swing. The IRS is looking at companies who may be unfairly claiming it,…

Treasury and the IRS promised to release guidance on direct pay and transferability “before summer,” and with proposed regs (REG-101610-23) issued June 14, they met their…

My son came downstairs this morning to wish me very happy on George Washington’s birthday. He knows, of course, that’s not today—Washington was born on February…

The IRS is warning taxpayers about a new scam involving tax refunds. Here’s how the scam works. Fraudsters are mailing taxpayers what looks like a cardboard…

A fan of Neymar Jr. made headlines last week when he declared that he was leaving his estate to the football phenom. The anonymous fan told…

A recent case demonstrates the impact that a stock-purchase agreement and life insurance can have (or not have) on the valuation of a closely held company…

Some countries are considering making changes to their international tax laws on transfer pricing, and it may be wise for the United States to consider doing…

If you live in California or certain other disaster areas, watch your mail. The IRS is sending a special follow-up mailing to taxpayers in several states…