Taxes
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PKF O’Connor Davies Establishes PKF O’Connor Davies University to Enhance Team Members’ Continuing Education
FASB Private Company Council Meeting Recap
IRS Says It Saw ‘Strong Response’ From Direct File Pilot Users This Tax Season
Ryan Leads Charge Against Biden’s Ban on Noncompete Clauses
How to Keep Clients Protected from Scammers During and After Tax Season
Clients are constantly facing the risk of encountering tax scams, even outside of the annual tax season, as digital threats evolve. It’s important to remain vigilant by staying informed and building up defenses against attacks.
Which States Cost the Most in Taxes Over a Lifetime?
New Jersey residents will pay the most in lifetime taxes, and people in West Virginia will pay the least, according to a Self Financial study.
Bipartisan $78 Billion Tax Deal Hits GOP Roadblock in Senate
Senate Republicans don’t want to hand President Biden an election-year victory on the legislation, which passed the House in January.
Ex-IRS Agent Accused of Filing Error-Filled Returns, Costing $42M in Lost Taxes
The Justice Department is asking a judge in Washington state to ban Donald J. Taylor from preparing federal tax returns.
Walgreens Hit With $2.7 Billion Tax Bill After IRS Audit
The IRS is seeking $2.7 billion from Walgreens Boots Alliance for unpaid taxes due to alleged issues over transfer pricing.
How Retirees Can Minimize the Net Investment Income Tax
One strategy is to consider your filing status, which can affect the NIIT that successful retirees pay on certain investment income.
Federal Judge Rejects Hunter Biden’s Bid to Dismiss Tax Case in L.A.
April 1 ruling clears the way for the president's son to face court proceedings during the contentious 2024 election cycle.
IRS Warns of Phishing and Smishing Scams
Fraudsters and identity thieves attempt to trick the recipient into clicking a suspicious link, filling out personal and financial information or downloading a malware file onto their computer.