The Internal Revenue Service (IRS) and its state and industry Security Summit partners are warning tax professionals about a new scam involving phishing emails posing as accounting and professional associations.
Read MoreHow To Read & Respond To Your IRS Notice
Have a notice from IRS show up in your mailbox? Those generally require a response. Here’s what you need to know.
Read MoreIRS Will Issue SALT Transaction Guidance
The Internal Revenue Service (IRS) has advised that it intends to propose regulations which will address attempts to re-characterize state and local tax payments following tax reform.
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Taxi King Pleads Guilty To Tax Fraud
New York’s so-called “Taxi King” has pleaded guilty to tax fraud. Evgeny “Gene” Freidman has pleaded guilty to a single count of criminal tax fraud, agreeing that he failed to remit $5 million in 50-cent MTA surcharges.
Read MoreAre Those Royal Wedding Gift Bags Taxable?
On May 19, 2018, well-wishers around the world watched the Royal Wedding. Those in attendance at St George’s Chapel, Windsor Castle, might have been lucky enough to snag a royal gift bag. Was it a gift or a promotion? Here’s what you need to know.
Read MoreIt’s Time For A Checkup On Your Taxes
Did you itemize your deductions on a Schedule A last year? If so, the Internal Revenue Service (IRS) encourages you to do a quick checkup on your taxes to avoid any nasty surprises at year end.
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Facebook Loses Bid To Move Tax Case To Appeals
A California judge dealt a blow to Facebook this week in its ongoing battle with the Internal Revenue Service (IRS), ruling that the social media giant does not have a right to move the matter to appeals.
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Former Tax Pro Sentenced To Prison For Illegal Vote
Crystal Mason admits that she made a mistake. But she couldn’t imagine how that one mistake would lead to another mistake – and an additional five-year prison sentence.
Read MoreDespite Tax Crimes, Berlusconi Greenlighted For Office
Former Italian Prime Minister Silvio Berlusconi has been given the green light to again hold public office. The ubiquitous Italian politician had been barred from holding office following a conviction on tax fraud charges.
Read MoreMost Popular Baby Names Of 2017
Just in time for Mother’s Day, the Social Security Administration has released its annual list of the most popular baby names.
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