Tax

In today’s COVID-19 world where nothing seems normal, and “new normals” are popping up in every business operation, service businesses are trying to make up for lost income and rising expenses in creative ways that will lessen the financial impact of COVID-19.

Manhattan District Attorney Cyrus Vance Jr. suggested his office may be investigating potential bank and insurance fraud by the Trump Organization, as it seeks access to the president’s tax returns and other financial records.

The Internal Revenue Service has named James Lee as its new chief of the Criminal Investigation unit, starting Oct. 1.

Several unemployed workers described the difficulties they are facing to senators as congressional leaders continue negotiations.

The TAS will be able to assist taxpayers with certain EIP-related issues.

It’s time to start building the profession’s year around different time scales.

The group wrote to legislators supporting ‘The Taxpayer Protection and Preparer Proficiency Act.’

The Internal Revenue Service released regulations to restrict a valuable tax break that hedge fund managers were able to claim after an error in 2017 Republican tax law.

With Joe Biden leading President Donald Trump in the polls, some investors are concerned the age of corporate tax cuts and deregulation may soon end, replaced by a Democratic administration eager to soak the rich.

The IRS aims to clarify and explain some changes from the Tax Cuts and Jobs Act.