Taxes
Best Places To Retire In 2024: Las Cruces And Other Unexpected Hot Spots
Forbes compared more than 800 locales in America on everything from housing costs and taxes to healthcare, air quality, crime and climate change and natural hazard risk. These are the top 25 cities for retirees.
More From Taxes
Tax Breaks: As Summer Begins, The Tax World Shows No Signs Of Cooling Off
Our latest edition of Tax Breaks. Plus: Yellen clarifies the U.S. stance on billionaire tax, Werfel talks ERC claims, hush money payouts, industry updates and more.
Partnership Beats IRS In Tax Court: BBA Election Held Valid
In SN Worthington Holdings LLC, the Tax Court granted a partnership's motion to dismiss because the IRS had failed to comply with the BBA partnership audit rules.
What’s Next For ERC Refund Claims Pending With The IRS?
The latest IRS data shows that it had 1,057,000 unprocessed Forms 941-X as of December 9, 2023. Most of those forms are likely Employee Retention Credit refund claims.
IRS Extends Free File Program Through 2029, While Direct File Future Remains Uncertain
The five-year extension agreement between the IRS and Free File Inc. will continue the program through October 2029.
Copilot+ PCs Could Be A Privacy Nightmare For Professionals
It remains an open question, however, the extent to which the technology behind Copilot+ PCs will meet privacy and security standards for many professionals.
Biden’s Tariffs Conflict With His Environmental Goals
Slowing climate change has been a signature issue for President Biden.
Don’t Roll Over RMDs To Other Retirement Accounts
Some retirees make an expensive mistake by trying to roll over their required minimum distributions to Roth IRAs.
Treasury Secretary Yellen Indicates U.S. Will Not Support Global Billionaire Tax
The G20 says that a tax on the world’s billionaires would raise $250 billion, which could be used to fight poverty and economic inequality.
How To Avoid Faulty Advice On IRS Form 706 And The Portability Election
Recommend filing the IRS Form 706 Estate (and Generation-Skipping Transfer) Tax Return to elect portability.