Following continuing threats to taxpayers, the IRS has listed email phishing schemes as a top filing season concern and part of the annual listing of the Dirty Dozen tax scams for 2018.
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Tax News
The Tax Court continues to issue rulings on LLC members who are subject to SE tax on their distributive share of profits.
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The IRS has created a special new page on www.irs.gov to help taxpayers determine if a person visiting their home or place of business claiming to be from the IRS is legitimate or an imposter.
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The IRS has announced that electronic and paper returns will continue to be accepted for processing in instances where a …
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The IRS has released the 2017 standard mileage rates for taxpayers to use in computing the deductible costs of operating an …
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The IRS has announced initial plans for processing tax returns involving the Earned Income Tax Credit (EITC) and Additional …
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When the actual expense method is used for deducting the business use of a vehicle, the cost of the vehicle is depreciated under MACRS using a 5-year recovery…
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If an employer provides an employee with a company-owned vehicle, and the employee uses the vehicle for personal
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In 1997, the taxpayers constructed a single-family house in an attempt to sell it for a profit. In 2002, they ceased their sales …
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