Taxes
Latest Taxes News
How an Employee Stock Purchase Plan (ESPP) Is Taxed
One common question from employees with employee stock purchase plans is if there’s an employee stock purchase plan tax. While…
What U.S. Tax Forms Must I File For My Foreign Retirement Plan?
As the world grows smaller, U.S. citizens and residents continue to find themselves entangled in complex U.S. foreign reporting. This…
Are Employee Stock Purchase Plans (ESPP) Pre-Tax?
Employee stock purchase plans (ESPPs) are benefits offered by companies to help employees invest in company stock at a discount.…
IRS Whistleblower Office Reported More Claims In 2023, Awarding $1.2 Billion Since Start Of Program
Money really does talk—or perhaps it just makes it much easier. The latest annual report to Congress issued by the…
IRS Increased Audits Of The Rich: A Flop In Finding Noncompliance
The June 20, 2024 report by the Treasury Inspector General for Tax Administration came as a shock to many. The…
IRS Collects $1 Billion In Back Taxes From Millionaires
In a press release, the IRS announced the collection of $1 billion in past-due taxes from millionaires since 2023. That…
As More People Leave California Over Taxes, They May Face Tax Audits
According to the Wall Street Journal, the blue-state wealth exodus continues. The IRS has confirmed its annual data on the…
Many States Offer Sales Tax Holidays As Parents Eye Back-To-School Costs
With temps pushing—or exceeding—100 degrees in many parts of the country, it feels odd to be talking about back-t0-school. But…
Moore V. United States: Explaining The Supreme Court’s Decision
Tax Notes contributing editor Robert Goulder breaks down the Supreme Court’s ruling in Moore v. United States and what it…
How To Distinguish FBAR Willfulness From Non-Willfulness With Examples
U.S. citizens and residents with financial interests in foreign accounts that exceed $10,000 at any time in a year must…
