Browsing: Taxes
The Financial Crimes Enforcement Network—more commonly known as FinCEN—in close coordination with the Internal Revenue Service Criminal Investigation—sometimes referred to…
It’s been just one year since generative AI (GenAI) mania hijacked the news cycle and set in motion a tidal…
For some time, tax professionals have watched keenly as the case of Aroeste v. United States worked its way through…
It didn’t take long after the IRS announced an additional delay in enforcing the new $600 reporting threshold for Forms…
Christmas came early (again) this year for many taxpayers and tax professionals. The IRS has announced that it would (again)…
’Tis the season—benefits season, that is. The few weeks from mid-November to mid-December tend to mark benefits season for the…
The House and Senate passed a bill to keep the federal government funded through early next year. This avoids a…
The IRS has issued a reminder to those who may be entitled to the Recovery Rebate Credit to file a…
Reasonable cause is a common defense to civil tax penalties. Generally, taxpayers fall within the contours of reasonable cause if…
The tax evasion trial for Shakira was set to begin in Barcelona but took a turn when it was announced…