Taxes February 13, 2026
Tax Court Slams Brakes on Charitable Deduction
The Tax Court immediately nixed the deduction because of the inadequate substantiation and the lack of any appraisal for high-income items.
Sales Tax June 9, 2024
Amazon, eBay and Other Marketplaces Sue Georgia Over Law Affecting Online Sales
The trade association for online marketplaces including Google, Amazon and eBay is trying to void a new Georgia law that extends requirements for collecting seller information, alleging it will hurt Georgia businesses.
Taxes June 7, 2024
Utah Movie Producer Found Guilty of $1 Million in Tax Crimes
A federal jury convicted a Utah man on June 4, 2024, of tax evasion and forcibly retaking property that had been seized by the government to pay his outstanding tax debt.
Taxes June 7, 2024
IRS Issues New Guidance for Energy Community Bonus Credit
It defines the information taxpayers may use to determine whether they meet certain requirements under the Statistical Area Category or the Coal Closure Category.
Taxes June 6, 2024
Companies Undertake More Aggressive Tax Positions When IRS Budget is Cut
An academic study tried to identify the correlation between corporate tax positions and the projected IRS budget for the following year.
Taxes June 5, 2024
IRS Urges Clean Fuel Producers to Apply Now for Tax Credit
Fuel producers eligible to claim the Clean Fuel Production Credit starting Jan. 1 should apply for registration ASAP, the IRS said.
Taxes June 5, 2024
Ippei Mizuhara Enters Guilty Pleas to Bank and Tax Fraud Charges
The former interpreter for Los Angeles Dodgers star Shohei Ohtani is set to be charged on Oct. 25 and faces up to 33 years in prison.
Payroll May 31, 2024
Ex-IRS Officer Among Six People Going to Jail for COVID-19 Fraud Scheme
Frank Mosely, who also worked as a tax enforcement officer in Oakland, CA, was sentenced to two and a half years in prison for PPP fraud.
Taxes May 30, 2024
IRS to Expand Free Tax-Filing Service to More Taxpayers in 2025
After a trial run in 12 states this tax season, the IRS said on May 30 its Direct File program will be made available to all 50 states next year.
Benefits May 30, 2024
A Fourth Round of Stimulus Checks Is Not Coming to Senior Citizens
Misinformation about a fourth stimulus check being sent to senior citizens and the disabled has been circulating online for many months.
Taxes May 29, 2024
IRS Proposal Lays Out Requirements for Clean Electricity Tax Credits
The proposed rules explain how eligible facilities can qualify for tech-neutral clean electricity credits under the Inflation Reduction Act.
Taxes May 29, 2024
Is An IRS Change In Slot Machine Jackpot Thresholds Really Coming?
The IRS Advisory Council recently recommended that the threshold figure should be raised from $1,200 to $5,800.
Taxes May 28, 2024
Intuit’s TurboTax Lost 1 Million Free Users This Tax Season
Ten million people used TurboTax for free this year to file their taxes, a drop of about 1 million from a year ago, Intuit said.