Taxes
Latest Taxes News
Can You Claim Theft Loss Deductions Related To Internet Scams?
According to a report from the Federal Trade Commission, Americans lost more than $10 billion from theft and fraud in…
What The End Of Chevron Deference May Mean For Tax
Frank Agostino of Agostino & Associates discusses two pending Supreme Court cases, their potential effects on the Chevron doctrine, and…
IRS Suffers Another Defeat Related To Civil Penalties In Tax Court
The IRS suffered another defeat in the U.S. Tax Court focused on civil penalties and automatic assessments—and taxpayers have last…
5 Things You Should Know Now About IRS Form 5472
Certain corporations (both U.S. and foreign) and certain foreign-owned U.S. disregarded entities must file IRS Form 5472, Information Return of…
27 Defendants Face Money Laundering Charges As Panama Papers Trial Begins
Eight years ago, tongues were wagging after the International Consortium of Investigative Journalists (ICIJ) and its media partners made public…
IRS Gives Another Breather To Taxpayers Who Have Inherited IRAs
The IRS is offering a breather for taxpayers tied to certain specified required minimum distributions (RMDs) for 2024. And if…
Who Will Benefit From O.J. Simpson’s Estate? It’s Complicated
Before he died from cancer at the age of 76 earlier this month, O.J. Simpson never voluntarily paid any of…
Was It The Best Tax Filing Season In Years?
This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up to get Tax Breaks in…
Oh, La La! Pennsylvania Court Rules Perrier Is A Soft Drink—And Taxable
Sales tax on food and beverages can be complicated. While five states do not have a sales tax (Alaska, Delaware,…
Tax Implications for Reverse Mortgages
A reverse mortgage can be a useful way to access the value of your home without having to sell it.…
