Taxes May 15, 2026
Tax Day may have passed weeks ago, but Washington residents living in areas affected by storms, flooding and landslides late last year are getting yet another extension.
Taxes April 24, 2023
A Section 529 plan is a tax-favored way to save for a child’s college education. Contributions can grow without any current tax while distributions to pay for qualified expenses like tuition are tax-exempt.
Taxes April 21, 2023
The F-150 Lightning is one of 10 electric vehicles to qualify for the full $7,500 in tax breaks. But only the most stripped-down models.
Auditing April 21, 2023
Effective statistical tools can be used by those who review scientific studies to help detect and investigate suspect data.
Taxes April 21, 2023
TD 9032 describes the procedures and requirements for making an election to have certain revocable trusts treated and taxed as part of an estate.
Taxes April 20, 2023
Nour Abubakr Nour was indicted by a federal grand jury and accused of filing fraudulent tax returns to reap inflated fees.
Taxes April 19, 2023
Donald Trump’s longtime moneyman, convicted of criminal tax fraud last August, was sprung from Rikers Island.
Taxes April 19, 2023
The Bidens were responsible for $169,820 in combined federal, Delaware, and Virginia income taxes last year.
Taxes April 17, 2023
GM, Tesla, and Ford all have at least one EV that qualifies, while Ford and Stellantis have one eligible plug-in hybrid model.
Accounting April 14, 2023
Reporting entities can now elect to account for qualifying tax equity investments using the proportional amortization method.
Taxes April 13, 2023
The favorable tax treatment isn’t automatic. To avoid current tax, you and the qualified intermediary must sign a "Qualified Exchange Accommodation Agreement."
Taxes April 12, 2023
Taxpayers usually have three years to file and claim their tax refunds. If they don't file within three years, the money becomes the property of the U.S. Treasury.
Taxes April 12, 2023
if you can’t present clear and convincing evidence that the loan is tied to a business transaction, the transaction may be deemed to be a gift.