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Disaster Strikes: How the IRS Provides Relief—and How to Donate Safely
In recent years, natural disasters have become more frequent and
Homecare agencies – Be prepared for the CMS 80/20 Rule
If you are a homecare agency, you should be aware of potential changes from Centers for Medicare and
IRS Whistleblower program – Recent $74 million award
As you might be aware, the IRS was established by the Tax Relief and Health Care Act of
IRS Budget and Workforce for 2023 – Relevant data that you should know
The IRS shares details on how its budget is allocated to resources, the composition of its workforce, and
Crowfunding contributions might be considered gifts, equity or gross income
In the FS-2024-28, the IRS reminds us how to treat crowdfunding transactions. Note that there were several articles
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Consider tax loss harvesting to reduce your tax liability
First, what is this harvesting? – no, you do not need to live in a farm. Tax loss harvesting is selling investment
Restaurants in the cross hairs of the IRS authorities for tax evasion
At this point, our readers should be aware that there are certain industries that are more subject to examinations like restaurants and
Tax owed vs Tax paid shows a gap of $696 billion for 2022
In the IRS IR-2024-262, the IRS estimated that there is a tax gap of around $696 billion for 2022. Even if the