Taxes
Latest Taxes News
FTX Reaches Bankruptcy Settlement With IRS On $24 Billion Claim
FTX, formerly one of the largest crypto trading exchanges in the world, may be getting a tax break. A proposed…
IRS Document Upload Tool Hits One Million Submissions As Team In Charge Gets Award Nod
The IRS has accepted its one millionth taxpayer submission using the Document Upload Tool. The tool gives taxpayers and tax…
Tax And Financial Literacy Matters
This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up to get Tax Breaks in…
How Wealthfront Finally Became Profitable After 14 Years
The Palo Alto investing startup hasn’t raised its rock-bottom fees since its inception, yet it has found a way to…
Bitcoin Billionaire Saylor Will Settle D.C. Tax Suit For $40 Million
The Attorney General for the District of Columbia, Brian L. Schwalb, has announced a settlement with billionaire Michael Saylor and…
Supreme Court Backs IRS In Corporate Redemption Estate Tax Case
Closely held corporations often enter into agreements to redeem a shareholder's stock after death to ensure the continuity of the…
Stronger Ties With Top HBCU
Law firm mergers and acquisitions often bring opportunities to grow law firms—but typically not the profession. A recent pairing in…
Why You Might Want To Choose A Used EV Tax Credit Over A New One
Since 2023, qualified used electric vehicles have been eligible for a federal tax credit for up to 30% of the…
Don’t Wait Until The Tax Cuts And Jobs Act Expires To Do Your Estate Planning
Working with estate planning attorneys can involve a lot of emails projecting doom and gloom about changes in tax laws.…
How To Avoid Faulty Advice On IRS Form 706 And The Portability Election
There is an onerous issue plaguing the tax community. Some tax professionals have been advising their clients that filing the…
