Taxes November 3, 2022
Tax Preparers Have Until Dec. 31 to Renew Their PTINs for 2023
The fee to renew or obtain a PTIN is $30.75 for 2023, according to the IRS.
Taxes November 2, 2022
Trump’s Signature on Weisselberg Apartment Lease Shown to Jury in Tax Fraud Trial
The trial threatens to reveal the inner workings of the real estate empire that set Trump on his path to the White House.
Taxes November 1, 2022
Supreme Court Grants Trump Delay on Release of Tax Records to Congress
Chief Justice John Roberts paused a long legal battle over House Ways and Means’ access to Trump’s tax records.
Taxes October 31, 2022
Trump Asks U.S. Supreme Court to Block Disclosure of His Tax Returns
Ex-president is trying to stop the IRS from giving the House Ways and Means panel six years' worth of his tax returns.
October 31, 2022
How to Secure a Deduction for a Medical Dependent
The tax law also allows you to write off amounts paid for a dependent such as an elderly relative.
Taxes October 28, 2022
Douglas O’Donnell Named Acting IRS Chief
An IRS lifer, Douglas O’Donnell most recently was deputy commissioner for services and enforcement.
October 26, 2022
AICPA Applauds IRS Warning of ERC Mills and Anonymous Reporting Process
The ERC was established nearly three years ago as part of a larger COVID-19 relief package in an effort to help businesses pull through the pandemic.
October 26, 2022
Corvee Adds Tax Planning Strategies Library to Website
The tax planning strategy library is ever-growing as the Corvee team of tax experts continues to analyze the tax code for tax-saving opportunities.
Taxes October 25, 2022
7 Jurors Seated in Trump Organization Tax Fraud Trial
Prosecutors say the Trump Org and its sister payroll company disguised millions in taxable income for 15 years.
Taxes October 24, 2022
Trump Firm’s Tax Fraud Trial Promises Ex-CFO as Star Witness
Allen Weisselberg, who worked with the Trump family for five decades, was the company's accounting chief.
October 18, 2022
PALs May Not Be Your Friend – Rental Property Tax Tips
If you own investment real estate that you rent out to tenants—for example, an apartment building—it can be a steady source of annual income.