Taxes

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Latest Taxes News

Tax And Legal Professionals Warm Up To AI, But Trust Is Still An Issue

You know a technical topic like generative artificial intelligence (GenAI) has officially crossed over into the mainstream when a dinner…

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Filing Deadline For Most Tax-Exempt Organizations Is May 15

While tax season is over for many taxpayers (except those of us still on extension), tax-exempt organizations still have to…

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IRS Is Notifying Taxpayers Who Were Victims Of Massive Data Breach

The IRS is notifying taxpayers who were impacted by the Littlejohn data breach. Former IRS contractor Charles Littlejohn illegally accessed…

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U.S. Tax-Savvy Gifting By Foreigners To U.S. Persons

For many foreign individuals, the revelation that they could be subject to U.S. gift tax through seemingly innocuous family transactions…

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Going To The Source: A New Approach To Personal Income Taxation

Professor Yariv Brauner of the University of Florida Levin College of Law discusses the challenges facing residence-based taxation and his…

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Roger Ver, Known As “Bitcoin Jesus,” Arrested And Charged With Tax Fraud

An indictment naming Roger Ver—known as "Bitcoin Bitcoin Jesus" for his early adoption of bitcoin—has been unsealed in federal court,…

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The Tax Cuts And Jobs Act Mainly Expires In 2025

Most of the tax changes in the 2017 Tax Cuts & Jobs Act (TCJA) expire (sunset) at the end of…

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Tax Return Disclosures Avoid IRS Penalties, Ease Or Prevent Audits

Tax advisers use the term 'disclosure' frequently, and it can sometimes have a negative connotation. Many people do not want…

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Unrealized Gain Tax—A Coming Sea Change in FY2025 Budget Proposal?

In President Joe Biden’s proposal in the Fiscal Year 2025 Budget of the United States Government, and more specifically in…

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Consider Your Commute To Work During A Job Search

Recent attention to “super commuters”—those rare people who live in one city and work in another—raises questions of more mundane…

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