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Atlanta Business’ Film, Real Estate Deductions Draw IRS Lawsuit
Bloomberg Law· 2 days agoA business owned by prominent Atlanta executive Richard Jackson owes $38 million in taxes and penalties because it underreported $72 million in taxable income for 2019, the IRS told the US Tax Court Friday.
Not Sure What To Do With Your Used Car? Let These Experts Help You
GOBankingRates via Yahoo Finance· 18 hours agoMaybe you want to upgrade your car, or maybe you’re just not happy with the car you have. You have a...
What is a nonqualified annuity and how does it work?
Bankrate via Yahoo Finance· 3 days agoTax treatment of nonqualified annuities You don’t get a tax deduction on the money you contribute to a nonqualified annuity. Since you’ve already paid...
IRS Defends Denying Repair Deductions to US Tomato Suppliers
Bloomberg Law· 2 days agoSuppliers for 40% of the US’s tomato paste and diced tomatoes shouldn’t be allowed to deduct restoration costs for their processing facilities before the restorations are complete, the IRS told ...
I'm Going to Start Making Withdrawals From My Retirement Account. Will It Affect My Tax Bracket?
SmartAsset via Yahoo Finance· 18 hours agoHow you make retirement withdrawals will affect your tax brackets. This can be a fairly complicated...
Ask Sam: Does North Carolina tax Social Security benefits?
Winston-Salem Journal· 4 days agoAnswer: “That is correct,” said Dia Harris, the public affairs director for the N.C. Department of...
IRS plans to close major tax loophole for wealthy, raise $50 billion in the process
Scripps News via AOL· 5 days agoDepartment of Treasury, the IRS announced Monday a new initiative that will essentially stop "basis...
Georgia Accountant Admits Guilt in Conservation Easement Scheme
Bloomberg Law· 6 days agoAtlanta accountant Herbert Lewis has agreed to plead guilty to two counts of promoting fraudulent tax shelters. Lewis “sold” tax deductions to clients through syndicated conservation ...
The apartment refund I was promised never materialised – now I’m being ignored
The Telegraph via Yahoo News· 23 hours agoGill Charlton has been fighting for Telegraph readers and solving their travel problems for more...
Asda claws back overpayments made to workers during payroll meltdown
The Telegraph via Yahoo Finance· 2 days agoNadine Houghton, GMB national officer, said the union was “aware of members who have had sums...