Tag: Tax planning

Entrepreneurship

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IRS rejects greater than 20,000 refund claims for pandemic-related tax credit

IRS Commissioner Daniel Werfel speaks during an IRS event on August 2, 2023 in McLean, Virginia. Alex Wong | Getty Images The IRS is...

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Entrepreneurship

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Supreme Court hears tax case on ‘income’: It could ‘have the most important fiscal policy effects of any court decision,’ expert says

People exit the Supreme Court constructing in Washington, D.C. on Tuesday, June 27, 2023. Minh Connors | The Washington Post | Getty Images...

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Entrepreneurship

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IRS delays tax reporting rule change for business payments on apps comparable to Venmo and PayPal

IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters If you...

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Entrepreneurship

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Supreme Court tax case could have sweeping federal policy effects, experts say

The Supreme Court in Washington, D.C. Celal Gunes | Anadolu Agency | Getty Images As the Supreme Court starts a recent term, experts are...

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Entrepreneurship

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Here’s what tax pros recommend after the IRS halts processing for small business tax credit

IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters As the IRS...

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Entrepreneurship

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Lawmakers weigh tax rule ‘backslide’ for Venmo, PayPal users, says analyst. What it means for you

As the year-end approaches, there’s been debate around tax reporting for business transactions on payment apps equivalent to Venmo...

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Entrepreneurship

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House lawmakers scrutinize pandemic-era small business tax break expert calls ‘fraught with fraud’

IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters Scrutiny of a...

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Entrepreneurship

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IRS weighs guidance for small business tax credit. ‘People were duped,’ taxpayer advocate says

Erin M. Collins, National Taxpayer Advocate. source: tax office Following a wave of pandemic tax relief business returns, the IRS is...

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Travel

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Which countries have the perfect passports? See the rating from 1 to 199

According to a recent index, the UAE has the strongest passport on the earth. According to a recent index by a tax and immigration...

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