Taxes
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North Texas Has 5 of the 15 Fastest-Growing Small U.S. Cities
Mortgage Rates Drop to 7.02%
IRIS Acquires Utah-Based Swipeclock
Sales Tax Exemption Certificate Management Remains a Risk Factor for Many Businesses
The Tax Blotter – March 2023
Many of the changes for individuals in the Tax Cuts and Jobs Act (TCJA) are temporary and are scheduled to expire after 2025. But some are permanent provisions of the tax code.
Derek Chauvin Pleads Guilty in Tax Evasion Case
The former Minneapolis police officer imprisoned for the murder of George Floyd failed to file returns in 2017 and 2018.
PayPal, eBay Seek IRS 1099-K Relief for Online Sellers
The 1099-K Fairness Coalition wants Congress to ensure that casual online sellers aren’t burdened with the 1099-K form.
Tax Considerations for High-Net-Worth Individuals in 2023
Those who are not ready for this potentially seismic shift should speak to their advisors as soon as possible in order to take advantage of planning opportunities.
Budget Would Revive Monthly Child Tax Credit Payments in 2024
President would restore monthly $300 payments to families with children, but the proposal will likely meet opposition.
IRS Bolsters Digital Scanning Abilities
The IRS has scanned more than 120,000 paper forms 940 since the start of this year as part of its new Digital Intake initiative.
Notable Tax Proposals in Biden’s 2024 Budget
President Biden’s FY 2024 budget—released today—proposes several tax changes aimed at wealthier taxpayers.
FBAR Update: Recent Changes to Reporting Assets Held Outside U.S.
Americans with a financial interest in or signature authority over a foreign financial account are required to file an FBAR if the aggregate value of all foreign accounts is more than $10,000.