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Whistleblowers reach settlement with IRS, DOJ over Hunter Biden case

Whistleblowers reach settlement with IRS, DOJ over Hunter Biden case

A pair of whistleblowers who worked for the Internal Revenue Service's Criminal Investigation unit have reached a settlement with the IRS and the … [Read More...] about Whistleblowers reach settlement with IRS, DOJ over Hunter Biden case

Clark-Shawnee to again ask for 1% earned income tax levy; district projects more deficit spending

Clark-Shawnee to again ask for 1% earned income tax levy; district projects more deficit spending

If it passes, the five-year levy would raise around $3.1 million each year, according to the district. This could change as salaries change. For a … [Read More...] about Clark-Shawnee to again ask for 1% earned income tax levy; district projects more deficit spending

LATEST NEWS

Could you survive on a third of your income? Libraries, Cleveland Metroparks might have to

Do Tax Rules Still Favor Charity Over Social Welfare Donations?

IRS Focus on Obamacare Enforcement Creates Pitfalls for Employers

State Conformity to Federal Tax Law Should Be Careful, Tailored

IRS Denies Any Surprise $2,000 Payment in October 2025!

IRS Cracks Down on Tourism Tax Deductions in 2025: What You Should Know Before Travelling To U.S.

Who needs to file income tax audit report for AY 2025-26?

Say goodbye to checks. IRS now requires electronic payments

Featured NEWS STORIES

ITR filing deadline extension: Tax bodies in Punjab to approach high court if finance ministry does not act on their demands

ITR filing deadline extension: Tax bodies in Punjab to approach high court if finance ministry does not act on their demands

Unhappy with the problems that chartered accountants and taxpayers faced while filing ITR, Income Tax Practitioners Association from Amritsar has raised its concerns about technical issues plaguing … [Read More...] about ITR filing deadline extension: Tax bodies in Punjab to approach high court if finance ministry does not act on their demands

The Truth About Wallets, Exchanges, and Taxable Events (Exclusive Interview)

The Truth About Wallets, Exchanges, and Taxable Events (Exclusive Interview)

Crypto taxation has long been a source of confusion, and with the IRS placing digital assets front and center on tax forms, clarity has never been more important. From the introduction of Form 1099-DA … [Read More...] about The Truth About Wallets, Exchanges, and Taxable Events (Exclusive Interview)

Competitiveness Wins if IRS Accepts Tax Court Ruling in AbbVie

Competitiveness Wins if IRS Accepts Tax Court Ruling in AbbVie

No matter your specialty, a recent case from the US Tax Court is worth your attention.The IRS has until Sept. 17 to decide whether to appeal the Tax Court’s opinion in AbbVie Inc. v. Commissioner, … [Read More...] about Competitiveness Wins if IRS Accepts Tax Court Ruling in AbbVie

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Shreveport audit findings: .6M IRS penalty, SPD misappropriation, payroll deficiency | News

Shreveport audit findings: $1.6M IRS penalty, SPD misappropriation, payroll deficiency | News

SHREVEPORT, La. -- The city of Shreveport last year was assessed $1.6 million in penalties and interest by the IRS for failing to file a required … [Read More...] about Shreveport audit findings: $1.6M IRS penalty, SPD misappropriation, payroll deficiency | News

Consider filing a ‘nil’ Income Tax Return – Sometimes it’s mandatory, and other times it can benefit you

Consider filing a ‘nil’ Income Tax Return – Sometimes it’s mandatory, and other times it can benefit you

Many taxpayers believe that if their income is below the taxable limit or if their employer has already deducted the applicable TDS from their salary, … [Read More...] about Consider filing a ‘nil’ Income Tax Return – Sometimes it’s mandatory, and other times it can benefit you

Watchdog report finds overwhelming majority of IRS employees fired by DOGE for performance had no documented issues

Watchdog report finds overwhelming majority of IRS employees fired by DOGE for performance had no documented issues

Less than 1% of the more than 7,000 probationary workers fired from the U.S. Internal Revenue Service earlier this year on performance grounds were … [Read More...] about Watchdog report finds overwhelming majority of IRS employees fired by DOGE for performance had no documented issues

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