Taxes

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Latest Taxes News

Election Showdown: U.K. Parties Outline Tax Plans

Tax Notes reporter Sarah Paez discusses the proposed tax plans from the United Kingdom’s political parties before their upcoming July…

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Pennsylvania Property Tax And Rent Rebate Coming In July

Governor Josh Shapiro has announced that Pennsylvania will begin distributing $266 million in property tax and rent rebates, beginning July…

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Learn The Hidden Hazards In Donor-Advised Funds Before Donating

Donor-advised funds (DAFs) surged in popularity in recent years and now are among the most popular ways to make charitable…

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Taxes And Elections: Here, There, And Everywhere

Wherever you are reading this, there’s a 50% chance you’re living through an election year. Globally speaking, there’s so much…

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A Very Destructive Stealth Tax Is Coming

We’re all familiar with the story of the Trojan Horse. Washington politicians and bureaucrats routinely practice their own legislative and…

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IRS Issues Guidance On Penalty Exceptions For Emergencies And Domestic Violence Victims

Typically, when you make an early withdrawal from your retirement plan, you are socked with a 10% additional tax (an…

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Tax Return Preparer’s Mistakes Or Fraud: Innocent Taxpayer Takes Hit

My earlier article reviewed the various tax statutes of limitations prescribing the length of time the Internal Revenue Service has…

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VAT And Platform Economy: Unanswered Questions And An Uncertain Future

On June 21, 2024, the Economic and Financial Affairs Council (ECOFIN) Council failed to reach an agreement on the VAT…

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No Break In News This Summer As Tax World Stays Hot

This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up to get Tax Breaks in…

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How To Litigate ERC Refund Claims

Disclosure note: Chuck Rettig, former IRS commissioner and shareholder at Chamberlain Hrdlicka, provided insight and collaborated on this article. In…

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