Taxes
Latest Taxes News
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…
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…
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…
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…
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…
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…
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…
How to Donate to Charity With Money From Your IRA
The IRS allows, and even encourages, charitable donations from tax-advantaged retirement accounts such as an IRA. Not only can this…
IRS Gives Another Breather To Taxpayers Who Have Inherited IRAs
The IRS is offering a breather for taxpayers tied to certain specified required minimum distributions (RMDs) for 2024. And if…
My Tax Preparer Made a Mistake: What Can I Do?
By law, you are responsible for your own tax return. This is true even if you hire someone else to…
