Tax

An old solution to a new question; misconceptions about making partner; keeping staff; and other highlights from our favorite tax bloggers.

The Internal Revenue Service is cautioning taxpayers to beware of the newly lowered threshold if they received payments amounting to as little as $600.

Todd and Julie Chrisley, stars of the long-running cable TV series "Chrisley Knows Best," received prison sentences of 12 years and seven years, respectively, on tax evasion and bank fraud charges.

The House Ways and Means Committee had been racing the calendar to obtain the records before Republicans assume control of the House in January.

Taxpayers can no longer get away with 'substantial compliance' — they need to have their 'contemporaneous written acknowledgements' in order.

With the end of the year just around the corner, now is a great time to discuss tax planning with your clients.

The agency aims to hire scores of auditors, but there's a nationwide shortage of accountants.

The scandal has increasingly ensnared Wall Street's biggest banks.

A provision imposing a 1% excise tax on corporate stock buybacks in this year's Inflation Reduction Act is likely to have an impact on the use of special purpose acquisition companies.

Reselling Taylor Swift tickets? You're going to have to pay taxes