Does the tax on your year-end bonus check seem high? Here’s why
Jgi/tom Grill | Tetra Images | Getty Images Does your year-end bonus look smaller than expected? Tax withholding is a likely culprit, but Uncle Sam may pay some back when…
Former Swiss finance executive guilty in tax evasion scheme
The Internal Revenue Service headquarters building in Washington, D.C. Chip Somodevilla | Getty Images News | Getty Images WASHINGTON — A former Swiss finance executive pled guilty in New York…
IRS unveils employee retention credit voluntary disclosure program
IRS Commissioner Daniel Werfel testifies before the House Small Business Committee on July 17, 2013. James Lawler Duggan | Reuters The IRS has unveiled a “voluntary disclosure program” for businesses…
Trump judge in NY fraud case slams credibility of paid defense expert
Republican presidential candidate, former President Donald Trump arrives at a campaign event at the Hyatt Hotel on December 13, 2023 in Coralville, Iowa. Scott Olson | Getty Images News |…
Saudi Arabia offers 30-year tax relief plan to lure regional corporate HQs
Cityscape of Saudi capital Riyadh. Harri Jarvelainen Photography | Moment | Getty Images DUBAI, United Arab Emirates — Saudi Arabia announced a 30-year tax exemption package for foreign companies establishing…
IRS rejects 20,000 tax refund claims for employee retention credit
IRS Commissioner Daniel Werfel speaks during an IRS event on August 2, 2023 in McLean, Virginia. Alex Wong | Getty Images The IRS is sending more than 20,000 rejection letters…
Supreme Court case on ‘income’ could have major implications for taxpayers
People exit the Supreme Court building in Washington, D.C. on Tuesday, June 27, 2023. Minh Connors | The Washington Post | Getty Images The Supreme Court is set to hear…
Trump gag order in fraud case reinstated by New York appeals court
Former U.S. President Donald Trump attends trial in a civil fraud case that state Attorney General Letitia James brought against him, his adult sons, the Trump Organization and others, in…
Trump financial watchdog tells judge money transfers
Former US President Donald Trump arrives back from a break at New York Supreme Court during his civil fraud trial on November 6, 2023 in New York City. Adam Gray…
IRS delays rule change for 1099-K on Venmo, PayPal business payments
IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters If you received business payments via apps such as PayPal or…