Browsing: Taxes

During the pandemic, taxpayers saw photos from the IRS cafeteria in Austin, Texas, showing racks and racks of paper filling a room not generally used for…

By any measure, Taylor Swift’s Eras Tour is a success. It’s on tap to become the highest-grossing tour of all time, and a record number of…

If you are a seller of appreciated property, it may be attractive to sell it on the installment method. That way, you pay tax over time…

In June of 2023, Hunter Biden, the son of President Joe Biden, was charged with tax and gun charges as part of a plea deal. This…

IRS Commissioner Danny Werfel recently appeared at the National Association of Tax Professionals’ annual Taxposium conference via a recorded message. He wanted to thank the audience…

For months, the IRS has warned taxpayers that the Employee Retention Credit—or ERC—has become a magnet for fraud. Last week, IRS Commissioner Danny Werfel emphasized that…

Manal Corwin, the new director of the OECD’s Centre for Tax Policy and Administration, discusses her vision for the organization and the latest updates on the…

Contingent legal fees are customary in personal injury cases. Increasingly, they are the norm in employment lawsuits too. Indeed, the variety of cases in which contingent…

Workers in Washington state saw a new deduction in their paychecks last month: a tax on wages meant to help pay for the cost of long-term…

Rewards earned from staking cryptocurrency are to be included in a taxpayer’s gross income when received. For those who follow the taxation of digital assets the…