Browsing: Taxes

With Armageddon slated to arrive on or about the first of next month, it seems like a good time to get started with those debt limit…

House Republicans have, at least temporarily, redefined what they mean by a tax increase. By doing so, they have turned their backs on their decades-old pledge…

If you mine digital assets—like cryptocurrency—your job might soon become a little more expensive. The White House has announced plans to ask crypto miners to pay…

Some people thrive on butting right up against deadlines. I am not one of those people. I don’t like taking chances—especially when it comes to tax…

US banks continue facing severe financial pressures, with First Republic’s failure now being followed by intensified pressure on PacWest, Western Alliance and others previously thought to…

Both the Congressional Budget Office and the Treasury Department warned Monday that the federal government is likely to exhaust its authority to pay its bills on…

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…