The IRS announced that they will be suspending more notices this week, focused on those usually sent to tax-exempt organizations. These notices are typically sent when the IRS is missing a return or other information. This announcement came earlier … Continue reading
The IRS still has an alarming amount of 2021 mail-in tax returns that are still caught in the backlog. The agency has been playing catch up ever since the start of the pandemic, dealing with a record amount … Continue reading
In an announcement made last week, the IRS gave a warning of the rapidly approaching deadline to claim $1.5 billion in tax refunds from 2018. The deadline to claim this is before the tax deadline on Monday, April 18… Continue reading
A former IRS employee has recently pleaded guilty to tax evasion. Wayne Garvin of South Carolina most recently worked at the Taxpayer Advocate Service in Philadelphia and was forced to confess after the IRS had him on their … Continue reading
The US Securities and Exchange Commission is now probing potential conflicts of interest within big four firms which includes Ernst & Young, PricewaterhouseCoopers, Deliotte, and KPMG, as first reported by the Wall Street Journal. The probe will focus largely … Continue reading
A top executive at beauty giant Estée Lauder has been suspended without pay following an Instagram post that contained the n-word. More recently, the company announced that the executive has since been forced out of the company through retirement.… Continue reading
New York has created a property tax credit for homeowners who earn under $250,000 a year and pay over 6% of their income in property taxes. The credit amount will be between $250 and $350 (the maximum) with … Continue reading
March Madness comes around every year and generates a huge amount of buzz, this year, we may see a lot more. Now that mobile sports betting is becoming allowed in more and more states, we can expect a historic … Continue reading
As gas prices continue to soar at record levels, state legislators all over the nation are considering implementing a pause on gas taxation. This is currently a bipartisan effort that aims at putting more money in American pockets, … Continue reading