Taxes September 28, 2023
Jack Fisher and James Sinnott designed, marketed and sold to high-income clients abusive syndicated conservation easement tax shelters based on fraudulently inflated charitable contribution tax deductions, promising them deductions 4.5 times the amount the taxpayer clients paid.
Accounting September 28, 2023
In an unexpected portion of his decision, the judge essentially stripped Trump of the ability to run his businesses in New York by canceling his certificates and any controlled by his adult sons.
Taxes September 26, 2023
Chatbots will be used to help answer basic taxpayer questions about three notices in the CP series, the IRS said on Tuesday.
Taxes September 26, 2023
Taxpayers can use the special per diem rates to substantiate the amount of expenses for lodging, meals, and incidental expenses.
Taxes September 25, 2023
All individuals and business owners in these two states now have until Feb. 15, 2024, to file their returns and make tax payments.
Taxes September 25, 2023
Companies could face thousands of dollars in fines for using clients’ confidential data for purposes other than tax preparation.
Taxes September 23, 2023
NovaTax has partnered with Tax Analysts, a provider of original tax and accounting content, to deliver select federal and state tax news to practitioners through the NovaTax research system.
Accounting September 22, 2023
Avalara is the first tax compliance provider available in Salesforce Service Cloud, Salesforce’s customer service software solution used by commercial and retail professional services businesses.
Taxes September 20, 2023
Group within LB&I will be tasked with holding large partnerships and other pass-throughs accountable on tax compliance.
Taxes September 18, 2023
The agency is ramping up compliance efforts against high-income earners, partnerships, large corporations, and promoters.
Taxes September 18, 2023
The son of President Joe Biden alleges that so-called IRS whistleblowers illegally disclosed information about his taxes.
Taxes September 15, 2023
Stakeholders have until Oct. 31 to provide feedback on the proposed changes to Form 6765 the IRS unveiled on Friday.