Income Tax
National Land Realty Launches “Land 1031” Exchange Service
1031 exchanges continue to be popular with landowners because of their ability to maximize value for landowners while ensuring a more favorable post-tax financial outcome.
IRS Offers Tax Filing Extensions to Hawaii Wildfire Victims
This IRS relief is available to all residents and businesses in any area designated by the Federal Emergency Management Agency (FEMA).
Florida Woman Sentenced for Pandemic Loan Fraud, Leased a Bentley with Funds
She said during her sentencing hearing in Miami federal court that it seemed like “everybody was doing it” as the pandemic battered the nation’s economy.
According to the IRS, You Might Be Dead
A new TIGTA report says the IRS placed “deceased locks” on the accounts of over 90,000 taxpayers who were very much alive.
Four Income Tax Breaks for New Parents
You just welcomed a new bundle of joy into the world. But once the euphoria has worn off, you’ll start to realize—if you haven’t already—that kids are expensive.
Trust In Irrevocable Life Insurance Trusts
Many limitations have been placed on traditional tax shelters over time, but the benefits of “irrevocable life insurance trusts” (ILITs) remain intact.
South Carolina Return Preparer Sentenced to Prison for Tax Fraud
In total, Gonzalez caused a tax loss to the IRS of more than $420,000.
AI Tax Tech That Sniffs Out Tax Evasion Gets $12.5M in Funding
The system is currently used by major tax agencies around the world, including the Internal Revenue Service's Criminal Investigation Division and multiple states' tax authorities in the U.S.