The Internal Revenue Service (IRS) has issued a warning about a new telephone scam making the rounds.
Read MoreYear: 2017
Court Upholds Philly Soda Tax As More Cities Grow Sweet On The Idea
The soda tax will live another day. An appeals court has upheld a lower court decision that Philadelphia’s tax on sweetened beverages is legal.
Read MoreCristiano Ronaldo Charged With Tax Fraud As Authorities Claim He Failed To Report Millions
The world’s highest paid athlete, Cristiano Ronaldo, has been accused of tax evasion. The Real Madrid super star reeled in $93 million last year, putting him ahead of basketball giant LeBron James and La Liga rival, Lionel Messi.
Read More6 Smart Tax Moves To Protect Your Small Business
Cut your salary and save on taxes?
Newt Gingrich, John Edwards and (it appears) Donald Trump did it. Maybe you should too.
Shrink Your Small Biz Salary And Your Tax Bill
Save on payroll taxes by cutting your salary? Newt Gingrich, John Edwards and (it appears) Donald Trump did it. Maybe you should too.
Read MoreMassachusetts Sued Before New Internet Sales Tax Rules Take Effect
With just over two weeks before a new regulation in Massachusetts was scheduled to begin, the measure has hit a roadblock. NetChoice and American Catalog Mailers Association have filed suit to stop the regulation requiring out-of-state online retailers to collect sales taxes from going into effect.
Read More11 Signs That It's Time To Find A New Tax Professional
Not all tax professionals are created equal. It’s important to seek out a tax professional that you like and trust. But it’s equally important to know when it’s time to walk away. Here are 11 signs that it’s time to seek out a new tax professional:
Read MoreMassachusetts Tries New Bite At Sales Tax Revenue By Focusing On Internet Cookies
With internet sales now the norm, states are looking for ways to get a bite at more tax revenue. Under a new revenue directive, Massachusetts will impose sales tax on out-of-state businesses who use internet cookies.
Read MoreIRS PTIN System Shuts Down After $175 Million Court Ruling
The Internal Revenue Service (IRS) has suspended the Preparer Tax Identification Number (PTIN) registration and renewal system in response to a recent court ruling.
Read MoreIRS Loses $175 Million Class Action Lawsuit
A class action suit filed against the federal government seeking to recover allegedly unlawful license fees paid to the Internal Revenue Service (IRS) for annual license fees charged to tax return preparers is now over. The potential cost to the IRS? $175 million.
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