IRS Plans Back-Taxes Crackdown on 1.6K Millionaires
The IRS announced on Friday it is launching an effort to aggressively pursue 1,600 millionaires and 75 large business partnerships that owe hundreds of millions of dollars in past due taxes.
Small Businesses Face Tax Headaches on Top of Pandemic Woes
Small businesses that have been buffeted by the pandemic, inflation and shipping woes have another challenge to add to their plate: taxes.
Controversial Bank Reporting Proposal Left Out of House Bill
The budget reconciliation bill passed Friday by the U.S. House of Representatives does not include the controversial proposal to have banks and credit unions report account information to help fund the programs supported by the bill.
Industry Groups Continue Campaign Against IRS Reporting
An aggressive industry campaign against a Biden administration proposal to report bank account information to the Internal Revenue Service continued on Thursday as more than 100 trade groups and other organizations sent a joint letter to congressional leaders voicing opposition to the proposal.
Mortgage Debt Forgiveness Could Hit Delay as Congress Changes Hands
It’s Christmas time for special interests, and Democrats could throw a wrench in the works
Realizing the Potential of Opportunity Zones
It is not news that the Trump Administration was successful in getting the controversial Tax Cuts and Jobs Act of 2017 passed late last year.
Massive Data Breach Could Affect Every Federal Agency
China-based hackers are suspected once again of...Andover Man And Woburn Construction Company Charged With Defrauding Union Benefit Funds And IRS
An Andover man and his Woburn company were charged on...Do you Tumble?
Tumble? That must be the correct verb meaning...
