Taxes
How to take advantage of ’10-Year Averaging’ in New Retirement Tax Rules
A taxpayer may qualify for “ten-year averaging” when they receive a lump-sum distribution (LSD) from a qualified plan.
Biden Vows to Veto GOP Plan to Abolish the IRS
The president also would veto bill by House Republicans to replace current tax system with a flat consumer tax.
Tax Season Got Off to a Rough Start in Oregon
The Oregon Department of Revenue sent personal tax refund info for 5,000 taxpayers to the wrong address.
Florida CEO Gets 32 Months in Prison for Tax Evasion
To conceal the fraud scheme from the second company and evade taxes on his income for those years, Cory invented fictitious owners, made false representations to his employer, and falsified emails and ...
Outsourcing is a Tool Being Used More by Corporate Tax Executives
83% of chief tax officers are planning to use outsourcing, cosourcing, or managed service alliances this year.
From RMDs to Student Debt, SECURE 2.0 Offers a Lot
While the law contains nearly one-hundred new retirement provisions, following is a summary of some of the most notable changes ...
Ex-IRS Employee Found Guilty of Fraud and Identity Theft
As a preparer, Deena Vang Lee put false information on clients’ returns without their consent.
Georgia CPAs Advocate for Profession at State Capitol
CPA Day attendees enjoyed a networking breakfast followed by a legislative update.