The New York Mets’ $101 million luxury tax bill is a record in Major League Baseball, and it reflects the evolving financial landscape of the sport.
IRS introduces relief, waiving penalties for eligible taxpayers affected by pandemic. Automatic process benefits 4.7 million entities, saving $1 billion.
Shield your IRS payments from check washing fraud! Learn savvy tips to protect your finances from mail theft, chemical alteration, and forged checks. Secure your financial future today!
Acknowledging a mistake on your tax return is the first crucial step. Learn the next steps.
The IRS received additional funding with the passage of the Inflation Reduction Act and plans on using some of it to improve taxpayer compliance through a new audit focus that will begin in fiscal year 2024.
If you unknowingly filed a joint tax return with your spouse, potentially containing errors or underreporting, you might qualify for innocent spouse relief from associated tax, interest, and penalties.
Shakira, the Colombian singer-songwriter and global superstar, is facing two separate sets of tax evasion cases in Spain. Find all the details.
To qualify for innocent spouse relief, you must meet all three of the following conditions. Learn more.
Physicians beware: the IRS is cracking down on tax evasion! But fear not, doctors! Legal tax strategies like retirement contributions and home office deductions can shield your finances and ensure a secure future.
Navigating tax filing, beware IRS scrutiny. Criminal charges for tax fraud entail severe penalties and legal implications.
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