Taxes
What Business Owners Need to Know About Tax Repatriation
Here are some strategies you can use to avoid an oversized tax bill when bringing foreign earnings back stateside.
Senate Committee Approves Werfel Nomination to Head IRS
His nomination was approved by the committee on a 17-9 bipartisan vote. The full senate will now vote on his confirmation.
How to File a Deceased Person’s Final Income Tax Return
Benjamin Franklin said, “Nothing is certain but death and taxes.” But what about when death and taxes coincide?
IRS Criminal Investigation is Asking Taxpayers to Slam the Next Scam
During National Consumer Protection Week, March 5-11, IRS-CI will share information on its social media about tax scams.
Average Tax Refund is Down 11% From Last Year, IRS Says
IRS statistics for the week ending Feb. 17 show the average refund is $3,140, down 11.2%, or $396, from last year.
The Tax Blotter – March 2023
Generally, small business owners who use their automobile for business driving are entitled to deduct expenses based on the vehicle’s use, but there are plenty of twists and turns along the way.
This is the One Easy Tax Credit Many U.S. Workers are Overlooking
Just 49% of workers know about the credit, which can help them save for retirement and lower their taxes, a survey found.
Clerical Error Results in Wrong Tax Refunds for Hundreds of Iowans
Roughly 300 Iowans who had filed their 2022 federal tax returns did not receive the correct federal refund.