Taxes
What’s Next for the IRS?
Tax experts sound off on the funding the IRS will get from Congress and what it could mean for the 2023 tax season.
Are the Rich in L.A. Trying to Avoid New ‘Mansion Tax’?
It’s set to take effect on April 1, 2023, and it’s already causing shock waves in the Los Angeles housing market.
Majority of Small Business Owners Don’t Have the Resources to Handle Tax Credits
A recent survey revealed that 63% of decision-makers do not know if they are eligible to claim the ERC.
Flexible Spending Account Deadline is Approaching: If You Don’t Use It, You Lose It
Money that’s put into FSAs must be used by Dec. 31; however, some firms allow you to roll over a portion of unused money.
Great SPAC Crash of 2022 Deepens as Investors Cash Out in Droves
Some SPACs face investor meetings that will give clients a chance to exit ahead of a new tax that could hurt their returns.
Billionaire Ken Griffin Sues IRS Over Leaked Tax Records
His income and taxes were reported by ProPublica along with similar information for hundreds of wealthy Americans.
Trump Organization Found in Criminal Contempt in Tax Fraud Case
A New York judge said the company “willfully disobeyed” his orders to comply with grand jury subpoenas.
Intuit Accountants Releases 2022 Taxpayer Insights & Intelligence Brief
The study provided a holistic view of a taxpayer’s experience when working with a tax professional to gain insights into their expectations and service needs.