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You may owe the IRS money on Monday — skipping payment could cost you hundreds of dollars
CBS News· 5 days agoMore Americans are getting caught up by the issue, which involves quarterly estimated taxes, or ...
IRS ERC tax-credit backlog soars to 1.4M claims. Payments could take years. - The Business Journals
The Business Journals· 23 hours agoThe IRS’s backlog of Employee Retention Credit claims has soared to 1.4 million as it sifts through what it believes to be hundreds of thousands of improper applications.
If I Give My Son $75,000 Toward a Down Payment, Do I Have to Worry About the Gift Tax?
MSN News· 6 days agoUnless you have given away more than $13 million in your lifetime, a $75,000 gift will not trigger...
I'm Retired. When Can I Stop Filing Taxes?
SmartAsset via Yahoo Finance· 6 days agoWhen you retire or reach a certain age, there might be certain things you no longer have to do. You might get to skip the commute or qualify for some...
Sixth Circuit Discredits IRS Mileage Rate as Sufficient Payment to Employee Drivers Under the FLSA |...
JD Supra· 5 days agoThe Sixth Circuit recently considered a consolidated appeal regarding how delivery drivers should be reimbursed for the cost of providing their vehicles for work. The appeal was taken from both ...
A 50-year-old man used an obscure IRS rule to withdraw $20K a year from his retirement savings —...
MSN News· 4 days agoComplex calculations are involved, but the loophole is real.
Taxpayer Rights In The Digital Age
Forbes· 2 days agoNina Olson of the Center for Taxpayer Rights and the Tax Analysts board of directors discusses the challenges in preserving taxpayer rights in light of...
The fight over credit card swipe fees hits the road
Politico· 1 day agoPartnership roulette — Brian Faler reports that the IRS is planning to crack down on complex partnership transactions that are designed to inflate deductions and minimize ...
I'm Buying a Home. Are Closing Costs Tax-Deductible?
SmartAsset via AOL· 7 days agoWhen you're filing your taxes, there's a whole lot to consider. From figuring out who counts as a dependent to organizing your income streams, you may...
Job Seekers Should Pay Close Attention To Benefits With Tax Perks
Forbes· 22 hours agoQualified educational assistance programs—a provision found in section 127 of the tax code. Today, section 127 allows employers to pay employees up to $5,250 tax-free for educational assistance ...
