Browsing: Taxes
Tax Notes reporter Andrea Muse provides an update on the state and federal lawsuits challenging Maryland’s digital advertising tax. This transcript has been edited for length…
Are you still waiting to hear something from the IRS about the status of your tax return? The agency recently issued updates about filing and processing.…
It will probably be a long time before Congress redrafts section 482, but it’s never too early to propose improvements to the flawed statute that authorizes…
This is an extremely tough question to answer on your own. The number of major, interconnected factors includes your retirement age, the return you can safely…
Last week I told you about alternative tax thinker Brian Swanson. Others might call Brian a tax protester, which is how Wikipedia refers to someone who…
More than three years after the COVID-19 pandemic started, returning to the office versus working from home still hasn’t settled down. There’s an ongoing tension around…
You’ve probably heard about the Limit, Save, Grow Act of 2023 (LSG, H.R. 2811), which narrowly passed the House of Representatives last month. It features prominently…
The IRS does not need to notify third parties when requesting a summons for banking records in collection matters. That was the decision of the Supreme…
The IRS has announced more cost-of-living adjustments—these focus on changes affecting health savings accounts (HSAs), high-deductible health plans (HDHPs), and health reimbursement arrangements (HRAs) The details…
Earlier this month, a group of Senators sent a letter to IRS Commissioner Danny Werfel about the use of AI—artificial intelligence—technology, including ChatGPT, to engage in…