Taxes
Latest Taxes News
Scammers And Fraudsters And Leakers, Oh My!
This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up to get Tax Breaks in…
Massive North Korean Fraud Planted Tech Workers, Hit 300 U.S. Companies
Think that your data is safe thanks to your information technology (IT) department? Think again. The Department of Justice (DOJ)…
ERC Updates: Handling The Flood Of Improper Claims
Mary Wood of Meadows Collier discusses recent updates on the employee retention credit, from the IRS’s moratorium on new claims…
FTC Ban On Noncompetes: 7 Things Employees And Executives Must Know
The Federal Trade Commission (FTC) has issued a final rule banning noncompete arrangements for employees, independent contractors, and executives. The…
Treasury Issues New Proposed Regulations On Foreign Trusts And Gifts
Corrected, May 13, 2024: This article has been updated to clarify that Section 643(i) does not apply to grantor trusts.…
IRS Issues FAQs On Retirement Plan Distributions And Loans Following Major Disasters
The IRS has answered some frequently asked questions (FAQs) relating to rules for distributions from retirement plans, IRAs, and retirement…
Can Short-Term Capital Losses Offset Long-Term Capital Gains?
2024 Long-Term Capital Gains Tax Rates RateSingleMarried Filing JointlyMarried Filing SeparatelyHead of Household0%$0 – $47,025$0 – $94,050$0 – $47,025$0 –…
6 Easy Steps To Become A SEP-IRA Millionaire
Anyone, and I mean anyone, can become an IRA millionaire if given enough time. According to Fidelity, the number of…
Some Red States Are Helping Citizens Save Money Despite Biden’s Agenda
President Joe Biden and his minions never miss an opportunity to boast about all the new levies they want to…
Are Health Insurance Premiums Tax Deductible When You Retire?
Health insurance premiums can be tax deductible when you retire, but it depends on several factors such as your age,…
