Taxes
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.
New Jersey Business Owner Failed to Pay $10 Million in Payroll Taxes
A New Jersey business owner faces a federal prison sentence after failing to pay more than $10 million in payroll taxes.
CPAs to Clients: The IRS is Coming for Cryptocurrency
As more people become interested in buying and selling digital assets, the IRS is ramping up its crypto tax enforcement efforts.
IRS Gives Taxpayers New Faxing Option to Request Relief on Late International Forms
The IRS says this electronic option removes a step in the paper process, which saves time and eases the burden on international taxpayers.
Areas in the U.S. Where Inflation is Causing Property Taxes to Increase the Most
Some states are raising property tax rates to the maximum allowed by law. Is your state on the list?
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.
Happy 88th Birthday, Social Security! Celebrate By Not Making These Three Mistakes
As Social Security commemorates its 88th year, here are a few things to keep in mind when you start thinking about claiming benefits.
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.