The Internal Revenue Service has hit Michael Lohan, father of actress Lindsay Lohan, with a $12,429 tax lien.
The IRS filed the lien against Lohan, 49, on January 29 with the Suffolk County, N.Y., clerk. Lohan told the
Lohan was in prison in the 1990s on contempt of court charges, and he served a two-and-a-half-year sentence for drunk driving and attempted assault more recently, according to the
Chief financial officers hope to control costs in 2026 while still expanding revenue, according to a new survey.
The Trump administration agreed to procedures for student debt relief so borrowers who have their loans canceled this year don't get hit with a huge tax bill.
The American Institute of CPAs is asking for more flexibility for taxpayers who wish to claim tax deductions for overtime and tip income under the OBBA.
SAP announced new specialized AI Joule Agents (named for its generative AI copilot Joule) that handle travel and expense processes as well as core finance functions.
Enforcement activity and Tax Court cases are at a standstill, and practitioners should expect backlogs and slowdowns.
Wojeski & Co. has reached a $60,000 settlement with New York Attorney General Letitia James after it was hit by two data breaches and ransomware attacks.
