Tax

Microsoft, a technology giant, has made public the Internal Revenue Service's (IRS) request for a substantial sum of taxes that the IRS claims the company has not paid.  This request, conveyed through notices of proposed adjustments…

The IRS approval allows dealers to provide immediate tax incentives for electric vehicles, promoting wider adoption of environmentally friendly cars throughout the U.S. This move comes as part of the government's efforts to accelerate…

The Labour Party has proposed a Private School Tax, aiming to address socioeconomic disparities in education.  The proposal has sparked widespread debate, with proponents asserting that it could level the playing field and critics…

A former contractor for the IRS accused of leaking tax data related to former President Donald Trump has indicated plans to enter a guilty plea in the coming days.  This development follows a high-profile incident that raised serious…

Recent Supreme Court tax cases could significantly impact the regulatory landscape, affecting individuals, businesses, and the government. The Supreme Court's decisions on tax matters can set new legal precedents, clarify existing laws,…

Maryland Congressional leaders ask the IRS to remove tax penalties on educational savings accounts in order to reduce the financial burden on those who own college trust accounts. College trust accounts, such as 529 plans, are widely…

Tax authorities have announced an extension of tax deadlines, providing both corporate and personal taxpayers with additional time to meet their tax obligations.  This decision comes amidst the ongoing challenges posed by the global…

Tax season can be a stressful time for many Americans, and sometimes you may find yourself needing more time to get your finances in order.  That's where a tax extension comes into play. A tax extension is essentially a lifeline that…