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Federal court issues injunction closing 3 CT tax businesses permanently. They had 10,000+ customers.
Hartford Courant· 2 days agoA U.S. federal court has issued a permanent injunction closing three Connecticut tax preparation...
US Beats Taxpayer’s Lawsuit Over Foreign Tax Credit Omission
Bloomberg Law· 6 days agoThe US government defeated a taxpayer’s lawsuit seeking a refund of federal income tax payments she alleges were overpaid due to an agency’s omission of a foreign tax credit ...
ERTC Application 2024: CPA Claims Assistance For Maximum Tax Rebates Announced
Digital Journal· 1 day agoProfessional assistance is increasingly important, the team explains, because the IRS is placing more and more emphasis on uncovering fraudulent claims. For more information ...
You could score a tax break for hiring your own kids this summer — if you follow the rules
CNBC· 2 days agoIf you're self-employed, hiring your kids could provide tax benefits — provided you follow labor...
Tax Breaks: As Summer Begins, The Tax World Shows No Signs Of Cooling Off
Forbes· 4 days agoMemorial Day marks the official start of summer. While there are disputes about the origin of...
To Combat Biofuel Tax Credit Fraud, We Need a Proactive Approach
Bloomberg Law· 19 hours agoThe audit showed that many credits are awarded to taxpayers without proper documentation, making the credit system highly susceptible to fraud. Biofuel tax credits intend to incentivize production ...
401(k) Contribution Limits 2024
GoBankingRates via AOL· 2 days agoThe IRS defines highly compensated employees as: Individuals who owned more than 5% of the business at any time during the previous year...
Bill & Ted’s Excellent Legislation: 2024 Cannabis Tax Developments | JD Supra
JD Supra· 6 days agoIn 1989’s Bill & Ted’s Excellent Adventure, Keanu Reeves plays a stoner who gets caught up in historical shenanigans. Mr. Reeves’ maturation and progression from a hapless pothead to a debonair ...
Florida woman sentenced for $3.4 million tax scheme after more than 8 years on the run
WJAX via Yahoo News· 6 days agoJudy Grace Sellers, of Chipley, has been sentenced to nine years in prison for a $3.4 million tax...
The Best Tax Break You'll Ever Take. Thanks, Alabama!
Newsweek· 7 days agoMy wife and I are thinking of adopting a frozen embryo.
