Browsing: Taxes
You’ve probably heard about the Limit, Save, Grow Act of 2023 (LSG, H.R. 2811), which narrowly passed the House of Representatives last month. It features prominently…
The IRS does not need to notify third parties when requesting a summons for banking records in collection matters. That was the decision of the Supreme…
The IRS has announced more cost-of-living adjustments—these focus on changes affecting health savings accounts (HSAs), high-deductible health plans (HDHPs), and health reimbursement arrangements (HRAs) The details…
Earlier this month, a group of Senators sent a letter to IRS Commissioner Danny Werfel about the use of AI—artificial intelligence—technology, including ChatGPT, to engage in…
The conventional term for someone like Brian Swanson is tax protester, which Wikipedia defines as someone who refuses to pay a tax claiming that the tax…
Professors Bridget Crawford and Victoria Haneman discuss the estate and gift tax and how it could apply to the gifts received by Supreme Court Justice Clarence…
Charitable giving has long been essential to creating a better world by enabling donors to support causes by giving to organizations structured under Internal Revenue Code…
The emergency declaration for Covid-19 expired on May 11, 2023—and it comes with some tax consequences. A lot changed during Covid-19, especially for employers. Some shut…
Most people know that if they receive cash, it is probably taxable unless it is an honest to goodness gift. Most people know that if they…
The advertising-supported digital business model is a common strategy used by many companies. The core principle of this model is providing users with a free service,…