The Ohio Supreme Court ruled 5-2 that the Cincinnati Reds aren’t required to pay taxes on promotional items that they give to fans who attend their games.
Read MoreMonth: December 2018
Taxpayers Have An Extra Day To File And Pay
President Donald Trump has ordered the federal government to close Wednesday, December 5, 2018, in a National Day of Mourning for former President George H.W. Bush, who died last Friday at the age of 94. With many federal offices and banks closing, taxpayers weren’t sure whether they would be excused for not complying with date-specific deadlines. The Internal Revenue Service (IRS) has put some taxpayers’ minds at ease by allowing a one-day extension.
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IRS Gets More Social With Instagram
In an effort to reach out to taxpayers, the Internal Revenue Service (IRS) is expanding its presence on social media, making its debut on Instagram.
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