Taxes

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IRS Announces Direct File Program Will Be Available In Twice As Many States In 2025

The U.S. Department of the Treasury and the IRS have announced that the number of…

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IRS Introduces Process For Third-Party Payers To Withdraw Bad Employee Retention Credit Claims

The IRS is not backing down on efforts to stem the tide of what it…

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As The Corporate Transparency Act Deadline Creeps Closer, FinCEN Updates Guidance

The Corporate Transparency Act—or CTA—requires reporting companies to file reports with the Financial Crimes Enforcement…

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E.U. Top Court Rules That Apple Must Pay Billions In Back Taxes

The European Union's top court has issued a final ruling in an ongoing legal battle…

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Kamala Harris’ 28% Capital Gains Tax Plan Is A Surprise. Here’s Why

Vice President Kamala Harris has proposed a 28% tax on long-term capital gains for Americans…

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Projected Brackets, Standard Deductions And More

The U.S. Bureau of Labor Statistics reported that the consumer price index (CPI) increased by…

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Guide to Capital Gains Taxes on Commercial Properties

Capital gains tax on commercial property can vary depending on factors like the length of…

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Kamala Harris Supports Tax on Unrealized Capital Gains: What It Means for Wealthy Households

The Kamala Harris campaign has made one of its first concrete policy proposals this week…

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Michigan Supreme Court Rules In Favor Of Homeowners In Years-Old Foreclosure Fight

In 2014, then-83-year-old Uri Rafaeli, a retired engineer in Michigan, underpaid his property taxes by…

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How To Survive An IRS Employment Tax Audit

In recent years, the IRS has devoted more resources to employment tax matters. In addition…

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