The Tax Court imposes a $25,000 frivolous-position penalty for persistent omission of wage and rental income. The Tax Court ...
In a letter ruling, the IRS determined that a recreational community club was not a qualified amateur sports organization.
A foreign tax redetermination may require taxpayers under Large Business and International Division examination to notify the ...
The Fifth Circuit’s decision in Grigsby, 86 F.4th 602 (5th Cir. 2023), emphasizes the need for taxpayers to clearly define ...
As long as the total of your liabilities exceeds the value of your assets when your debt is canceled, you may claim the ...
President Trump signed an executive order forcing the federal government to phase out paper check disbursements by the fall.
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