The IRS has officially ended any remaining hope of revising its new guidelines for inherited individual retirement accounts (IRAs),...

The unexpected replacement of the Democratic presidential candidate less than four months before the U.S. election has introduced...

In its second significant tax policy case this term, the Supreme Court is tackling a complex issue concerning the valuation of life...

We're in an era termed the Great Wealth Transfer, with Baby Boomers set to pass an estimated $84 trillion to younger generations by 2045,...

The rise of remote working, accelerated by the COVID-19 pandemic, has fundamentally altered how businesses operate, prompting a...

On January 8th, 2024, Robin Hayes, CEO of JetBlue Airways, announced his resignation from the role after approximately nine years of...

The Internal Revenue Service (IRS) and the Treasury Department have recently announced their plan to propose new regulations concerning...

Estate planning is often postponed until it's too late, despite changes in tax laws or potential lawsuits. Procrastination can lead to...

In a significant bipartisan move, U.S. lawmakers, spearheaded by Senator Ron Wyden (D., Ore.) and Representative Jason Smith (R., Mo.),...

The Internal Revenue Service (IRS) has initiated a voluntary disclosure program targeting businesses that erroneously claimed the...

The U.S. Supreme Court's review of a significant tax case raises questions about the constitutionality of a wealth tax on America's...

The Internal Revenue Service (IRS) is working to overcome numerous challenges, a task that the extra funding from the Inflation Reduction...

The Internal Revenue Service (IRS) has introduced a solution for employers to retract inaccurate Employee Retention Credit (ERC) claims,...

Starting January 1, 2024, the Internal Revenue Service (IRS) mandates that businesses electronically file Form 8300, which reports any...

Congress members are pressing the Internal Revenue Service (IRS) for explanations regarding the backlog of Employee Retention Credit...

Steve Cohen, the billionaire owner of the New York Mets and Point72 Asset Management, has launched a legal challenge against the Internal...

On September 14th, the Internal Revenue Service (IRS) suspended the processing of new Employee Retention Credit (ERC) claims until the...

Due to a recent software glitch, the Internal Revenue Service (IRS) accidentally issued late-filing notices to many retirement plan...

Frank Butselaar, a Dutch tax consultant with high-profile clients from the DJ and fashion worlds, is facing charges of devising a scheme...

At a recent congressional hearing, tax professionals and other experts voiced their concerns over the Employee Retention Tax Credit...