Taxes
Latest Taxes News
There’s No Debate—Taxes Were Hot This Week
This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up to get Tax Breaks in…
Defense Contractor Charged With Evading Tax On $350 Million In Personal Income
Former U.S. defense contractor Douglas Edelman, 72, and his French wife, Delphine Le Dain, 58, have been charged in a…
4 Tax Benefits of Using an LLC for Your Rental Property
Forming a limited liability company (LLC) can offer significant tax advantages for real estate investors, including pass-through taxation and a…
U.S. Tax – Think Carefully Before You Get (Or Keep) A Green Card
Hoping to win the U.S. green card lottery? As the adage goes, buyer beware. Many individuals either rush to obtain…
Another Economic Train Wreck Is Coming In California
California calls itself the Golden State, but its governance is pure lead. Never has an area with so much going…
IRS Can Audit 3 Or 6 Years Back Or Sometimes Forever; States Can, Too
If you face a tax audit and can legitimately point to the statute of limitations to head off trouble and…
Mandatory Repatriation Tax Stands—But There’s More To Come
In the recently-issued opinion in Moore v. United States, the court ruled 7-2 that the Tax Cuts and Jobs Act…
IRS Will Deny Billions Of Dollars Of ‘Clearly Improper’ Employee Retention Credit Claims
After a detailed review, the IRS says it plans to deny tens of thousands of improper high-risk Employee Retention Credit…
Taxing Big Tech And The Universal Service Fund
In recent comments to the Federal Communications Commission, USTelecom, which is a trade organization representing many major American telecommunication companies…
How To Donate 80,000 Comic Books—And Get A Marvelous Tax Break
Seven decades after he became addicted to Superman, Gary Prebula’s collection of graphic novels and comics has a permanent home…
