Taxes March 19, 2026
The Name, Image and Likeness bill passed the Mississippi House, but was killed March 16 by a unanimous vote of the state's Senate finance committee.
IRS July 5, 2024
“We have just now started to put my cat Emmett out there as the expert on tax scams,” the IRS chief recently said in a TV interview.
Taxes July 1, 2024
The final regulations are viewed by proponents as critical to policing a largely unregulated sector plagued by tax avoidance.
Taxes July 1, 2024
Therefore, cannabis businesses are still unable to claim normal business tax deductions, as IRC Section 280E stipulates.
Taxes June 28, 2024
The debate featured a relentless barrage of false and misleading statements from both presidential candidates on a number of issues.
Taxes June 27, 2024
The agency is looking to settle with some taxpayers under audit who participated in syndicated conservation easement deals.
IRS June 26, 2024
The agency gave whistleblowers 121 awards for information attributable to $338 million in tax revenue being collected in fiscal year 2023.
Taxes June 26, 2024
While the 2024 filing season generally ran smoothly, there are still several challenges impacting taxpayers, Erin Collins says.
Taxes June 25, 2024
The IRS apologized to the billionaire founder of Citadel for failing to protect his tax information from being leaked to the press.
Taxes June 24, 2024
A bill introduced by Republican lawmakers would ax federal and employment taxes on tips, but doing so could come at a price.
Taxes June 21, 2024
The review involved months of digitizing information and analyzing data since last September to assess a group of more than 1 million Employee Retention Credit (ERC) claims representing more than $86 billion filed amid aggressive marketing last year.
Taxes June 21, 2024
He is scheduled to be sentenced on Sept. 17 and faces a maximum sentence of five years in prison, a period of supervised release, restitution and monetary penalties.
Taxes June 21, 2024
A taxpayer is permitted to receive a distribution from an applicable eligible retirement plan to meet unforeseeable or immediate financial needs relating to necessary personal or family emergency expenses.