Browsing: Taxes

The IRS has announced the availability of expanded chatbot technology on the official IRS website to help answer basic questions for people receiving notices. The announcement…

Remember that huge IRS backlog? It’s easy to think back and assume that the problems began with the pandemic, but they had started well before that.…

When Robert Merton, MIT finance professor and Economics Nobel laureate, speaks, we should listen. Fifty years ago, Merton, together with Fisher Black and Myron Scholes, developed…

The U.S. Bureau of Labor Statistics reported that the consumer price index (CPI) increased by 0.6% in August after rising 0.2% in July. You won’t just…

Garrett Brodeur, a tax attorney based in Washington, D.C., discusses the recently released proposed regulations for the cryptocurrency industry and their potential effect on digital asset…

On Friday, September 22, 2023, a federal jury convicted Jack Fisher and James Sinnot of conspiracy to defraud the United States, conspiracy to commit wire fraud,…

The IRS announced tax relief for individuals and businesses affected by Hurricane Lee anywhere in Maine and Massachusetts. These taxpayers now have until Feb. 15, 2024,…

Two individuals have been charged with allegedly promoting and selling abusive trust tax shelters to clients across the country. The Department of Justice announced that a…

Hurricane Lee made a dramatic impact in the northeastern part of the United States earlier this year, the third major hurricane of the 2023 Atlantic hurricane…

What’s the return on new money spent for tax enforcement? Over the years, the IRS has answered that question with a range of estimates: 7 to…