Earlier this week, the world turned its eyes on North Korea as President Trump met with the country’s leader, Kim Jong Un, in Singapore. Here’s a brief look at the country’s history, economy – and why the government claims its people don’t pay taxes.
Read MoreIRS Announces Interest Rates For Late Payments And Tax Refunds
The Internal Revenue Service (IRS) has the interest rates for the third calendar quarter. Here’s what it means for taxpayers who owe money – and for those who are owed money.
Read MoreA $3.3 Million Lunch With Warren Buffett Could Be A Good Tax Move
Earlier this week, a charity auction to have lunch with Warren Buffett resulted in a winning bid of $3,300,100.
When you have the means to spend $3 million on lunch, you might not be looking for a tax break. But here’s why it could make good tax sense this year.
Trustees Report That Social Security Benefits Could Be At Risk
Each year, the Trustees for Social Security release an annual report on the financial outlook for Social Security and Medicare. The key takeaway this year: Both face long-term financing shortfalls.
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More Tax Guidance Is Needed On Cryptocurrency
As cryptocurrency continues to grow and evolve, more tax guidance is needed, not only to clarify questions from the IRS’ initial notice but also to address unexpected events like forks and splits.
Read MoreIRS Warns Taxpayers To Watch Out For Scams
Now that tax season is over, the Internal Revenue Service (IRS) is warning taxpayers to remain on alert for phishing emails and telephone scams.
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Sales Tax Trivia On National Doughnut Day
It’s National Doughnut Day. Here’s what you need to know about free doughnuts and sales tax.
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New Tax Law Complicates Business Travel
As part of the Tax Cuts and Jobs Act, there have been changes to the deductibility of business-related meals and entertainment expenses. Here’s what you need to know.
Read MoreCloud Tax On Streaming Services Survives Legal Challenge
Chicago raised eyebrows when the city announced a streaming tax on Netflix and similar internet services. The Liberty Justice Center filed a lawsuit challenging the tax on behalf of Chicago taxpayers. This week, a court ruled in favor of the city, upholding the tax.
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10 Summer Tax Moves
Now that schedules are a bit more relaxed, summer can be a great time to catch up on your to-do list, including ways to save on your tax bill before year-end. Here are 10 tax moves to make now.
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