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US Senate Passes 'Phase Three' COVID-19 Aid Package
On March 25, 2020, the United States Senate overwhelmingly approved the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which represents the third package of financial…
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Here’s when your tax return could spark interest from the IRS
Just because the IRS is auditing fewer tax returns, don’t assume you can dupe the taxman.
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GAO Finds Loose Oversight of Scholarship Tax Credits
The credits are the same type as those in a $5 billion federal proposal from Education Secretary Betsy DeVos.
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U.S. IRS Releases Practice Units on Foreign Currency Gain or Loss, Exchange Rates, Accounting Method Changes, and Foreign Earned Income Exclusion Adjustments
The U.S. IRS has released practice units on IRC 986(c) Gain or Loss Prior to Tax Cuts and Jobs Act of 2017, Official Versus Free Market Exchange Rate, IRC 481(a) Adjustments for IRC 263A Accounting Method…
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Half of US small business owners expect tax refunds – and that’s just dumb
If business owners and their accountants are doing a good job managing taxes, then they really should have zero refunds
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Things to Know About Trusts
These tools allow investors to decide how money and assets will be handled.
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