Browsing: Taxes
“I want to be a dad again at 90, and I don’t need Viagra.” That quote is from U.K. billionaire Bernie Ecclestone, the iconic former boss…
Congress created a big incentive for restaurants and bars to report employees’ tips, which can be good for workers, too—even if many don’t believe it. So…
I just received two emails, which I copy below without identifying their authors. Both authors are keeping careful track, over time, of their projected Social Security…
Robert Goulder of Tax Notes and Sharon Katz-Pearlman of Greenberg Traurig discuss the ongoing friction between the United Nations and the OECD over the U.N.’s push…
The IRS recently made an important announcement on October 19, 2023 regarding the withdrawal process for Employee Retention Credit (ERC) claims. This announcement has left many…
Last month, IRS Commissioner Danny Werfel announced a series of taxpayer initiatives described as a “top to bottom review of enforcement work” at the IRS, thanks…
In the News On July 3 the Internal Revenue Service warned taxpayers about a mailing that misleads them into believing they are owed a tax refund…
The IRS today announced a withdrawal process for business owners/tax-exempt managers from their Employee Retention Credit (ERC) claims. The IRS has been taking a hard eye…
Last month, citing “rising concerns about a flood of improper Employee Retention Credit (ERC) claims,” the IRS announced a moratorium on processing new ERC claims. At…
Technology projects often end in disappointment, and in some cases, they lead to significant financial losses for the companies that undertake them. The statistics are grim:…