A relatively smooth filing season offered a lot to learn about the future of the IRS, the importance of tax planning, changes ...

to file most federal tax forms. This applied to 2024 returns due in early 2025, estimated tax payments, payroll returns, and more, per the IRS announcement. Taxpayers who suffered unreimbursed ...

If you are still waiting for a tax refund from the IRS, you are not alone. The IRS has reported that over $1 billion in ...

Harvard University has $70 billion in assets yet took nearly $700 million in taxpayer funding for research last year.

Have you filed your taxes yet? If you live in Georgia, it's time to make sure everything is finished and sent to the IRS by ...

An installment sale occurs when property is disposed of and at least one payment is received after the tax year of the disposition. See I.R.C. § ...

This news follows an October 2023 update that pertained to the transferring of credits. Per the IRS: This “transfer” is essentially the ability of a new EV buyer to give the tax credit to the ...

Every year, the members of the Vermont Captive Insurance Association’s legislative committee and the Vermont Department of ...

One of the simplest ways to avoid issues with Venmo tax reporting is to categorize your transactions correctly. Venmo offers two key labels: “Goods and Services” and “Send to a Friend.” These labels ...

Amidst the 2024 tax season, if you're keeping an eye on your taxes for next year, you're still keenly interested in what your ...

Without an act of Congress this year, the estate tax exemption will drop by 50% to $7.61 million on Jan. 1, 2026, putting the ...