Browsing: Taxes

With Tax Day in the rearview mirror for some (not including those of us on extension), fingers are crossed that IRS processing times may be getting…

Tax Day might have passed, but some taxpayers may still have tax questions—it’s tax law, after all. To help taxpayers resolve outstanding issues and solve problems,…

Tax Notes reporter Andrew Velarde discusses the penalty dispute in Farhy v. Commissioner and the case’s implications for other penalties and future refund decisions. This transcript…

The new Chairman of the House Ways and Means Committee Jason Smith (R-MO) recently held a hearing on charitable hospitals. The hearing continued a long bipartisan/bicameral…

Goldman Sachs has agreed to pay $215 million to settle claims for gender discrimination against nearly 3,000 former employees. While the tax treatment of proceeds at…

Today’s Social Security column addresses questions about how continued work might be able to increase retirement benefit rates, how survivor’s benefits are calculated and how a…

Tax legislation might be hard to pass this year in a closely divided Congress, but that doesn’t mean that tax proposals will be in scarce supply.…

If you bought TurboTax online filing products between 2016 and 2018, check your email—you might be entitled to a settlement payment. Announcement New York Attorney General…

Does it matter for your taxes if you spend $500 on your hobby, or if you spend the same amount promoting your side hustle where you…

The U.S. Department of Justice has filed a complaint seeking to bar nine Florida tax return preparers and their associated business from assisting in preparing federal…