Taxpayers who owe more taxes than they can pay have options, which include payment plans, but compliance is key. If repayment will take more than 180 days,...
The Anti-Money Laundering Regulations for Residential Real Estate Transfers Rule (RRE Rule) was first published in 2024 and is intended to help fight money...
Do you own a business (or are you self-employed) and have you extended your 2024 income tax return to Oct. 15, 2025? You may still be able to reduce your 2...
Congressional leaders were unable to come to an agreement on a short-term funding deal. As a result, the federal government has shut down. The last governm...
In September 2025, the Treasury Inspector General for Tax Administration (TIGTA) issued a report on Collection Due Process (CDP) hearings. A CDP hearing al...
Investors willing to make long-term investments in economically distressed communities have a tax incentive for doing so: the Qualified Opportunity Zone (Q...
With increasing attention on tariffs, confusion is also rising. Consumer Affairs, a nongovernment consumer advocacy group, warns that scammers are seeking ...
IRS Form 1099-DA is a new tax form to be used by brokerage companies to report clients’ digital asset transactions, such as cryptocurrency and nonfungibl...
In today’s fast-paced manufacturing environment, companies face constant pressure to stay competitive, manage labor shortages and adapt to shifting custo...
The American Rescue Plan Act (ARPA) of 2021 temporarily expanded the Child Tax Credit. For that year, low-income families were given access to the full amo...