Taxes November 7, 2022
IRS Seeks Public Comment on Draft Changes to UTP Form
The IRS believes the draft changes to Schedule UTP and instructions will improve the form’s usefulness.
Taxes November 7, 2022
Treasury, IRS Expand Program for Approving Retirement Plans
The IRS will now allow 403(b) retirement plans to be covered by the program, it was announced today.
Taxes November 7, 2022
What Retirement Savers Need to Know About 2023 IRA Contribution and Income Limits
Here’s what workers should keep in mind about the most recent adjustments from the IRS.
Taxes November 7, 2022
Ford Urges Broad Interpretation of EV Tax Credits
Ford responded to Treasury Department request on how it should implement the new consumer tax credits.
Taxes November 7, 2022
California Gov. Presses State Lawmakers Not to Tax Forgiven Student Loans
Gavin Newsom's preliminary budget he submits in January will include a proposal to exempt the forgiven debt.
Sales Tax November 7, 2022
Louisiana Adds More Compliance Regs to Wineries and Fulfillment Houses
Louisiana has been a bit of a roller-coaster ride for beverage alcohol fulfillment houses and wineries that use them.
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.