Taxes
Latest Taxes News
Who Will Benefit From O.J. Simpson’s Estate? It’s Complicated
Before he died from cancer at the age of 76 earlier this month, O.J. Simpson never voluntarily paid any of…
What Documents Do I Need to File My LLC Taxes?
If you are the owner of an LLC and want to file the correct tax return for your business, the…
Was It The Best Tax Filing Season In Years?
This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up to get Tax Breaks in…
I’m Receiving $3,500 Per Month From Social Security. How Can I Reduce My Taxes?
Social Security can generate real income.The more you earned during your working life, up to each year’s income caps, the…
Available Education Tax Credits You Can Claim
For students and their parents, there are two tax credits that can help with the costs of higher education. The…
Gearing Up For The 2025 Energy Tax Debate
The guidance implementing the energy tax credits in the Inflation Reduction Act is not yet complete, but it’s already time…
What Is the Tax Underpayment Penalty and How Can It Be Avoided?
Understanding tax payments and the potential repercussions of underpayment is crucial. The tax underpayment penalty is one such charge that…
Federal Court Grants Summary Judgment Motion On Willful FBAR Penalty
Litigation in federal court is analogous to a game of chess. Although each side has a limited number of moves,…
When and How to Report a 1031 Exchange on Your Tax Return
A 1031 exchange allows certain real estate investors to defer capital gains taxes when selling one investment property and reinvesting…
Government Files Notice Of Appeal After Corporate Transparency Act Deemed Unconstitutional
(Author’s Note: Edited to reflect Statement from the Treasury.) You knew it was coming: the U.S. Department of Justice and…
