The AG’s lawsuit to be filed in State Supreme Court in Manhattan accuses the Trump Organization and top company executives of purposely misrepresenting the value of assets emblazoned with the...
The new legislation is expected to be signed by President Trump soon after it hits his desk. Keeping that in mind, here are some of the key extensions granted by Congress right before Christmas.
The 2020 presidential election is only a year away. As the ranks of the Democratic challengers for the nomination slowly start to dwindle, let’s run down the key tax proposals being touted by some of the front runners, specifically Massachusetts ...
Previously, a business taxpayer could deduct 50% of the cost of qualified entertainment expenses, if those expenses were properly substantiated. This included entertainment that was “directly-related” to or “associated with” the business.
Accountant Cindy Laporta testified that Gates had sent her backdated documents to reduce Manafort’s tax liability in support of the existence of such loans. In one instance, Laporta says that Manafort leaned on her to help when his bookkeeper wouldn’t.
More than a quarter of self-employed workers think they will pay more in taxes as a result of the recent tax reform, and almost 10 percent of self-employed workers didn’t know about the recent tax reform at all.
The IRS announced on Tuesday that it has extended the tax deadline by one day to April 18, 2018. The move comes as many tax professionals and individuals encountered difficulties with the IRS website, particularly its Direct Pay system, which allows ...
Waiting on your tax refund? Wondering: “Where’s my refund? (Or) Where’s my income tax refund?” – We have the answer. It depends on a couple of things, but the good news is that there are several tools to help find out. (This article was updated on Feb. 18, 2018.) First of all, taxpayers who use […]
Refund Date Estimation Chart. The IRS started processing most returns on January 29, but will not start processing returns with the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) until mid-February 2018.
You want your income tax refund, and you want it soon. Unfortunately, the IRS is processing millions of tax refunds right now. So how can you find out when you'll get yours? This chart shows you.
Waiting on your tax refund? Wondering: "Where's my refund? (Or) Where's my income tax refund?" - We have the answer. It depends on a couple of things, but the good news is that there are several tools to help find out. (This article was updated on Feb. 16
According to the contingency plan that went into effect during the first shutdown, about half the IRS staff – around 35,000 workers -- will be told to stay home. The other half will still punch in.
If nominated and approved, Rettig faces an uphill battle in turning around the IRS, which has suffered in recent years from a dwindling budget and several black eyes, including the “Tea Party scandal” that unfolded under Koskinen’s watch.
If SCOTUS decides in favor of South Dakota, that decision would pave the way for all states to tax remote sales. Exactly how they would do that is, at this point, unclear.
The updated withholding information shows the new rates for employers to use during 2018. Employers should begin using the 2018 withholding tables as soon as possible, but not later than Feb. 15, 2018.
The updated withholding information shows the new rates for employers to use during 2018. Employers should begin using the 2018 withholding tables as soon as possible, but not later than Feb. 15, 2018.