Prince Rogers Nelson, better known to the world as Prince, died on April 21, 2016, at his home at Paisley Park. According to probate documents filed by his sister, Tyka Nelson, Prince died without a will. What will happen to his assets? And could it happen to you?
Read MoreYear: 2016
After Disaster Declaration, IRS Grants Tax Relief For Texas Storm Victims
The Internal Revenue Service (IRS) has announced relief for Texas storm victims, including those in the Houston area. The announcement followed this week’s disaster declaration for individual assistance in the area by the Federal Emergency Management Agency (FEMA). Here’s what you can expect.
Read MoreTax Records You Should Keep After Tax Day (And How Long To Keep Them)
It’s true that the Internal Revenue Service wants you to hang on to your important records. But you don’t have to keep all of your tax and financial records forever. Here’s what you need to know about what to keep and what to toss.
Read MoreGet Published And Win An A In Tax Law
Want to get published and Win an A in Tax Law? My popular contest for law and paralegal students is back. Here’s what you need to know.
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You Can’t Pay Taxes With iTunes Gift Cards & Other Wise Advice
Another IRS Impersonation Scam is making the rounds, according to the US Treasury Inspector General for Tax Administration (TIGTA). You won’t believe what TIGTA claims the scammers are asking for…
Read MoreOn Earth Day, 7 Tax Breaks For Going Green
This year marks the 46th anniversary of Earth Day. To mark the day, here are 7 tax breaks you can claim for going green.
Read MoreSenate Committee Says Yes To Increased Taxpayer Protections, No To Tax Preparer Licensing
The U.S. District Court of Appeals affirmed a 2013 ruling that Congress never gave the Internal Revenue Service (IRS) the power to license tax preparers and the IRS cannot give itself that authority. The court made it clear that if Congress wanted to give that authority to IRS, it could. This week, Senate Republicans failed to do that, objecting to a proposal that would have established minimum standards for paid tax return preparers.
Read MoreHouse Votes In IRS Hiring Freeze, Restrictions On Spending
It was a busy week for the Internal Revenue Service (IRS). With Tax Day 2016 barely in the books, the House passed two bills focused on IRS which would restrict funding and impose a hiring freeze.
Read MoreOn 4/20, It's High Time To Think About Taxes, Revenues & Marijuana
Today is 4/20. A few years ago, the counterculture holiday would have drawn blank stares from some and giggles from others. Today, however, 4/20, sometimes called National Weed Day, is so mainstream that it’s trending on Twitter. Why? legalization and legalization efforts.
Read MoreIf You Missed Tax Day, Here's What To Do
Did you miss Tax Day this year? If so, you need to act now. Here’s what you need to do.
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