Jan 11, 2023 | News to Note
From AccountingToday.com — By Michael Cohn — The Internal Revenue Service audited fewer taxpayers last year, according to a new report, although audits of millionaires ticked up slightly. The report, released Wednesday by Syracuse University’s...
Jan 4, 2023 | News to Note
From Yahoo Money — By Martha C. White — As inflation continues to pinch Americans’ budgets and labor demand remains high, it’s likely more people will look to supplement their income — and the tax man is starting to take a much closer look. For now, things remain...
Dec 28, 2022 | News to Note
From NextAdvisor in Partnership with TIME — BY ALEX GAILEY, FEATURED CONTRIBUTOR — That time of year is right around the corner. I’m not talking about the holidays. I’m talking about tax season. While taxes might be the furthest thing from your mind right now, there...
Dec 21, 2022 | News to Note
From the Federal Trade Commission (FTC) — You may get a call, a text message, or a flyer in the mail. Or maybe you’ll see an online ad promising free or low-cost vacations. Scammers and dishonest companies are often behind these offers. You may end up...
Dec 14, 2022 | News to Note
From Axios — BY EMILY PECK — There’s a tax headache ahead next year for millions of Americans who use apps like Venmo or Paypal regularly, part of a little-noticed change passed in March as part of the American Rescue Plan. Why it matters: Anyone who was paid...
Dec 8, 2022 | News to Note
From Forbes — By E. Napoletano, Contributor — According to a recent study by Cerulli Associates, there’s a massive transfer of wealth poised to happen in the U.S. over the next 25 years. An estimated $68 trillion will change hands, with the country’s aging population...
