Taxes

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Latest Taxes News

Watchdog Says IRS Had Success With Ghost Employers, But There’s More Work To Be Done

It seems that everyone has been ghosted by friends, co-workers, or old flings—but what about your employer? IRS-Criminal Investigation (IRS-CI)…

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I’m Selling My House and Netting $480k. Can I Avoid Taxes While Downsizing for Retirement?

In most cases, when selling your primary residence you can exclude $500,000 of the gain if you file as a…

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How Zero-Sum Thinking May Affect Attitudes About Taxes

Do you think about the world as “zero-sum,” where resources are limited and my gain is your loss? Or do…

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How to Report Foreign Gifts With Form 3520

The IRS has clear guidelines and specific thresholds that dictate when and how U.S. persons (citizens, resident aliens or domestic…

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Federal Agencies, Including IRS Criminal Investigation, Tout Money Mule Awareness

An exciting vacation to Thailand takes a turn in the movie “Brokedown Palace” when Alice, played by Claire Danes, and…

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27 Defendants Face Money Laundering Charges As Panama Papers Trial Begins

Eight years ago, tongues were wagging after the International Consortium of Investigative Journalists (ICIJ) and its media partners made public…

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IRA Early Withdrawal Rules and Penalties

When you deposit cash into your retirement account, it enters a new realm of rules and regulations. While your IRA…

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TurboTax Está Utilizando La IA Para Desmitificar La Declaración De Impuestos Para Los Hispanohablantes

Read in English El último día para declarar impuestos se acerca, y los más de 40 millones de residentes hispanohablantes…

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How Long You Have to Keep Tax Documents

Once tax season is over, it’s tempting to contemplate pushing every document into a shredder and going on your way…

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It’s Been Quite The Filing Season, But Tax Day Is Almost Here

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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