The IRS’s increased documentation requirements for Sec. 41 claims require taxpayers to specifically identify applicable business components and their costs and why their development is qualified ...
LAKE FOREST, IL – An Illinois physician, Dr. Krishnaswami Sriram of Lake Forest, has been sentenced to 34 months in prison after being convicted of health care fraud and for concealing assets and ...
EXPLAINED The 190,000 people who could face 'national insurance' hike – and why it’s a risk. The change could see some ...
The Internal Revenue Service named Jarod Koopman its acting chief tax compliance officer Monday, its second leadership appointment of the day following the naming of Frank Bisignano as CEO. Koopman ...
South Main Street in Sheffield, Illinois. The town is part of a 136-square-mile opportunity zone. The Treasury Department and the Internal Revenue Service issued guidance Tuesday on qualified ...
If you’re considering buying an electric vehicle, now is the time to act. The massive tax bill that President Donald Trump signed into law on July 4 eliminates the popular electric vehicle (EV) tax ...
Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...
A Rhode Island businessman was convicted Thursday on tax charges for a second time, admitting that this time, he failed to pay more than $1.3 million in taxes, penalties, fees, and interest owed to ...
The IRS was within its means to reject an offer in compromise from a taxpayers it suspected were merely engaging in delaying tactics, the US Tax Court said. The government didn’t abuse its discretion ...
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