Browsing: Taxes

Hurricane Lee made a dramatic impact in the northeastern part of the United States earlier this year, the third major hurricane of the 2023 Atlantic hurricane…

What’s the return on new money spent for tax enforcement? Over the years, the IRS has answered that question with a range of estimates: 7 to…

The IRS announced on September 14, 2023 a processing moratorium on new employee retention credit (ERC) claims. This means that it will not process any newly…

The Internal Revenue Service (IRS) recently announced a major policy shift that could have a huge impact on the wealthiest individuals in the US. On September…

My fantasy football season is not off to a good start. In week two, I lost by 50 points—to my daughter, who does not watch football.…

Unrepentant. That’s how federal prosecutors described Mark Anthony Gyetvay at his sentencing just before District Judge Joan N. Ericksen sentenced him to 86 months in prison…

Instacart is the highest-profile venture-backed company to go public since December 2021. As with many later-stage startup companies, Instacart’s initial public offering (IPO) is as much…

For weeks, the IRS has been teasing new compliance initiatives—including increased hiring—to focus on expanded enforcement work on complex partnerships, large corporations, and high-income and high-wealth…

Congress is in chaos with just 10 days remaining to avert a partial government shutdown. Over the weekend, negotiators for the center-right Mainstreet Caucus and far-right…

Intro In a surprising move, the IRS recently announced an immediate stop to new Employee Retention Credit (ERC) processing, citing suspicions of fraudulent activity. The ERC…