IRS Audit Period Is 3 Years, 6 Years, Or More. Here’s How To Tell Taxes January 23, 2025 Tax returns are annual, and getting them filed also means starting the clock ticking for how long the IRS has…
IRS Commissioner Danny Werfel Announces Departure Taxes January 23, 2025 IRS Commissioner Danny Werfel has announced that he is leaving the agency on January 20, 2025. The timing is something…
The Money, Treasury, And Internal Revenue Service Shakeup Edition Taxes January 23, 2025 “I will commit that for this tax season … Direct File will be operative.” That was the word from Scott…
The Wild End To 2024 That Could Shake Up The 2025 Tax Season Edition Taxes January 8, 2025 This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up to get Tax Breaks in…
Spending Bill Has Something For Everyone, Including An Extension For Beneficial Ownership Information Reports Taxes December 29, 2024 As the clock continues to tick down, Congressional leaders have finally released the text of a proposed funding measure to…
In Lawsuit Settlement Agreements, Tax Language Is Very Important Taxes December 29, 2024 Almost every legal settlement includes a full release of claims. A release may recite some of the plaintiff’s claims, but…
State Election Outcomes Mixed On Property Tax, Cannabis, And Other Ballot Measures Taxes December 29, 2024 While federal tax questions have dominated the headlines this election cycle, state and local taxes can significantly impact individuals and…