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Government taxation and revenue

Trump ordered to pay New York Times, reporters over lawsuit

by James Odonell
Trump ordered to pay New York Times, reporters over lawsuit

Former U.S. President Donald Trump attends the closing arguments in the Trump Organization civil fraud trial at New York State Supreme Court in the Manhattan borough of New York City, …

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Categories Politics

Ohtani’s $700 million contract sparks deferred income tax concerns

by Adrian Jhonsan
Ohtani’s 0 million contract sparks deferred income tax concerns

Japanese baseball player Shohei Ohtani attends a press conference on his presentation after signing a 10-year deal with the Los Angeles Dodgers at Dodgers Stadium in Los Angeles, California, on …

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Categories World

You can still lower your 2023 tax bill with these last-minute moves

by Adrian Jhonsan
You can still lower your 2023 tax bill with these last-minute moves

The year-end is quickly approaching, but there’s still a chance to reduce your 2023 tax bill or boost your refund with some last-minute moves, experts say. Dec. 31 is the …

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Categories World

$7,500 EV tax credit may be easier — and harder — to get in 2024

by Adesola Mojo
,500 EV tax credit may be easier — and harder — to get in 2024

Praetorianphoto | E+ | Getty Images The $7,500 tax credit for new electric vehicles will be easier for many consumers to claim in 2024, but it may be more difficult …

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Categories Automobile

IRS is resuming automated collection notices. Here’s what to know

by Adrian Jhonsan
IRS is resuming automated collection notices. Here’s what to know

The Good Brigade | DigitalVision | Getty Images How IRS collection notices work Typically, CP14 is the first IRS notice for an unpaid tax balance, followed by three or four …

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Categories World

Former Swiss finance executive guilty in tax evasion scheme

by Adrian Jhonsan
Former Swiss finance executive guilty in tax evasion scheme

The Internal Revenue Service headquarters building in Washington, D.C. Chip Somodevilla | Getty Images News | Getty Images WASHINGTON — A former Swiss finance executive pled guilty in New York …

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Categories World

IRS unveils employee retention credit voluntary disclosure program

by Adrian Jhonsan
IRS unveils employee retention credit voluntary disclosure program

IRS Commissioner Daniel Werfel testifies before the House Small Business Committee on July 17, 2013. James Lawler Duggan | Reuters The IRS has unveiled a “voluntary disclosure program” for businesses …

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Categories World

IRS offers $1 billion in penalty relief. What taxpayers need to know

by Adrian Jhonsan
IRS offers  billion in penalty relief. What taxpayers need to know

Jgi/jamie Grill | Tetra Images | Getty Images The IRS is waiving roughly $1 billion in late-payment penalties for millions of taxpayers with balances under $100,000 from returns filed in …

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Categories World

3 year-end investment tax tips from top-ranked financial advisors

by Adrian Jhonsan
3 year-end investment tax tips from top-ranked financial advisors

Catherine Falls Commercial | Moment | Getty Images The page has almost turned on 2023 — and that means time is running out to make certain tax moves by year’s …

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Categories World

Trump judge in NY fraud case slams credibility of paid defense expert

by James Odonell
Trump judge in NY fraud case slams credibility of paid defense expert

Republican presidential candidate, former President Donald Trump arrives at a campaign event at the Hyatt Hotel on December 13, 2023 in Coralville, Iowa.  Scott Olson | Getty Images News | …

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Categories Politics
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