Taxes

The new estimate reflects a rise of more than $192 billion from the prior estimates for tax years 2014 to 2016.

As home values rise, tax structuring becomes more important in how your clients sell their homes.

For 2023, however, many taxpayers who had received an extension to file, also later faced various forms of natural disasters for which the IRS has granted additional time to file.

Federal prosecutors charged Charles Littlejohn last month, and with his guilty plea, now faces up to five years in prison for the crime.

California’s new gun tax is similar to the federal firearms and ammunition excise tax (FAET), which was first implemented in 1919 and is administered by the Alcohol and Tobacco Tax and Trade Bureau.

Gyetvay was convicted of concealing his ownership and control over substantial offshore assets and did not file tax returns or pay taxes on millions of dollars of income.

State and local jurisdictions have increasingly turned to introducing new fees as they continue to hunt for additional revenue in response to federal COVID funding drying up and borrowing becoming prohibitively expensive.

This latest feature gives users access to an intelligent assistant to provide insightful answers to tax-related questions.