Taxes
Psychiatrist Gets 18 Month Prison Sentence for Tax Evasion
The professional failed to pay taxes and filed and caused to be filed with the Internal Revenue Service false and fraudulent tax returns that included false statements ...
Following Tax Court Defeat, IRS is Still After Syndicated Conservation Easements
Proposed regs issued today identify certain syndicated conservation easement transactions as “listed.”
Jury Finds Trump Organization Guilty of Tax Fraud
The consequence of the guilty verdict against both the Trump Corp. and the Trump Payroll Corp. is a $1.76 million fine.
Predictions for the Accounting Profession: 2023 and Beyond
The end of the year means it’s time to get ready for another busy season and to tune up your strategic plans for the years ahead.
Avenatti Gets 14 Years in Prison for Tax Fraud, Stealing Millions From Clients
The celebrity lawyer is already serving five years in prison for his extortion and fraud convictions in New York.
Donor-Advised Funds Offer a Charitable Way to Harvest a Tax Break
The number of DAFs has nearly tripled to 1.3 million since Congress approved the Tax Cuts and Jobs Act in 2017.
IRS Updates FAQ on Unemployment Compensation Exclusion
The American Rescue Plan Act of 2021 provided relief to those receiving unemployment compensation in 2020.
Tax Burden May Rise for Some Seniors as Social Security Benefits Increase Next Year
With next year’s benefits going up at their steepest levels in 42 years, more people will be taxed.