Received a “Math Error” Letter From The IRS? You Might be Demanded Payment
The past week, about 11 million Americans received concerning emails from IRS regarding math error asking recipients of emails for payment requests.
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Keep Elizabeth Warren's Confusion Out of the Corporate Tax Discussion
Trying to find a way to pay for the budget, Dems suggest revival of Warren’s proposal for a “minimum book tax” targeted at large corporations.
The Infrastructure Plan's Potential Impact on Taxpayers
The Infrastructure Investment and Jobs Act, passed by the Senate in August, will affect taxes in ways that are not yet decided or fully comprehended.
Wealth Managers And Their Clients Wait Nervously For The Tax Hikes That Will Finance Democrats’ $3.5 Trillion Spending Plan
Attention shifting to a massive $3.5 trillion “human infrastructure” package through the budget reconciliation process.
Wealthy Americans Renouncing Citizenship to Reduce Tax Hit
The number of Americans who renounced their citizenship in favor of a foreign country hit an all-time high in 2020.
Biggest Tax Hike on Wealthy Since ‘93 Is Bogged Down in U.S. Congress
Wealthy Americans wondering how much more taxes they’ll owe after Democrats pass their sweeping social-spending package.
IRS Overlooked Billions in Taxes From S Corp Execs
The Internal Revenue Service has stepped up efforts to collect employment taxes from S corporation officers.