Taxes March 23, 2026
12 Little-Known Tax Deductions Many Business Owners Miss
From start-up costs to even health insurance premiums, identifying overlooked expenses early can make a meaningful difference to a company’s tax returns.
Taxes October 25, 2023
IRS Starts Business Tax Accounts
The business tax accounts are part of a continuing effort to improve IRS taxpayer services and make the agency more tech-friendly.
Taxes October 25, 2023
IRS Has Collected $160 Million in Back Taxes From Millionaires This Year
The agency said it recently recovered $122 million from 100 wealthy earners, in addition to $38 million collected earlier this year.
Taxes October 25, 2023
Tax Benefits of 2023 Year-End Charitable Gifts
Keep this tax break in your hip pocket as the year winds down.
Income Tax October 18, 2023
Bloomberg Tax AI Lab Enables AI Functions for Bloomberg Tax Research
The new Bloomberg Tax AI Lab offers customers the option of testing new AI-driven tools, beginning with an enhanced search experience using AI functionality.
Taxes October 17, 2023
Taxpayer Interest in IRS’s Direct File Program May Have Been Exaggerated
Their willingness to use the Direct File program may be overstated because of the survey the IRS used to gauge their interest, TIGTA says.
Taxes October 17, 2023
IRS to Try Out Its Free E-Filing Tax Return Program in 13 States Next Year
The IRS on Tuesday unveiled more details about Direct File, the agency’s free online tax filing program that is debuting in 2024.
Income Tax October 17, 2023
American Living in Monaco Pleads Guilty to $5.1 Million IRS Tax Evasion
Schechter never disclosed the income from the sale of the Monaco apartment or the securities bought from sale proceeds to his tax return preparer.
Taxes October 16, 2023
IRS Says Tax Gap Grew to $688 Billion in Tax Year 2021
The new estimate reflects a rise of more than $192 billion from the prior estimates for tax years 2014 to 2016.
Taxes October 16, 2023
Oct. 16, 2023, is Deadline for Taxpayers with an Extension
For 2023, however, many taxpayers who had received an extension to file, also later faced various forms of natural disasters for which the IRS has granted additional time to file.
Taxes October 12, 2023
Former IRS Contractor Pleads Guilty to Leak of Trump Taxes
Federal prosecutors charged Charles Littlejohn last month, and with his guilty plea, now faces up to five years in prison for the crime.
Income Tax October 11, 2023
Former CFO of Russian Natural Gas Firm Gets 7 Years in U.S. Prison for Tax Crimes
Gyetvay was convicted of concealing his ownership and control over substantial offshore assets and did not file tax returns or pay taxes on millions of dollars of income.
Taxes October 6, 2023
Not Having a Speaker is Threatening Many Key Areas Like Tax
Among the items now stalled are negotiations to restore tax breaks for business spending on research and development.