Scammers target potential victims through a text messaging scheme that claims the target is entitled to a $1,400 stimulus ...

The IRS issued Proposed Regulations last month which provide helpful clarity for employers on how to implement and comply with two new SECURE 2.0 provisions relating to catch-up contributions.

Taxpayer received an extension of time, under Section 301.7701-3, of 120 days from the date of this letter to file Form 8832 to elect to be treated as a disregarded ...

You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.

The Bombay High Court quashed the reopening notice issued to Teleperformance Global Services Pvt. Ltd. under Section 148 of the Income Tax Act, 1961, for the assessment year 2019-20. The dispute arose ...

Most people already received their stimulus money when they filed 2021 tax returns but scammers are pouncing on anxiety about ...

The IRS will follow up with you if you fail to pay your tax liability. Despite advancements in technology, the IRS is still ...

Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts - ...

W-2 forms should have arrived in mailboxes and inboxes by Jan. 31. Here's why you need that form for the 2025 tax season and what to do if you haven't gotten yours yet. Macy Meyer is a North ...

The Tax Court found all requirements of Sec. 6702(a) were met regarding the taxpayer’s zero-wage and -income return.

It was, by any measure, a remarkable coup - a politician pulling off the seemingly impossible by announcing a new tax which the public actually supported.