To begin with, the IRS offers a series of directions on its website to help US citizens determine what their taxes are, ...

For example, a newly formed LLC might not have started doing business yet, or an older LLC might have become inactive without being formally dissolved. However, even if an inactive LLC has no income ...

For those keeping score at home, it’s currently two wins for the IRS in as many years, and nada/zilch/zero for the fund managers, at least when ...

Tax Cuts and Jobs Act was a major tax code overhaul that cut taxes for individuals and businesses. Many of its reforms expire in 2025.

Tax season is underway which means getting tax forms prepared for filing. Volunteers from AARP and the IRS Volunteer Income ...

The IRS has set a crucial deadline for taxpayers to claim the Recovery Rebate Credit from 2021. Discover who qualifies, how ...

There are a few different approaches you can take if you owe the IRS over $10,000 in taxes. Here's what to know.

As tax season approaches, accessing your Social Security Benefit Statement has never been easier. We tell you how.

As mandatory State paid family leave and paid family and medical leave (collectively “PFML”) programs have significantly expanded and proliferated ...

The Department of Justice said in a release Phillip Mak was a self-employed businessman who from 2008 through 2020, earned ...

A federal grand jury indicted a Jacksonville businessman with tax evasion, not filing a tax return and not paying taxes. Phillip Mak, the defendant, was a self-employed businessman who earned $10.3 ...

Local certified public accountant Kaitlin Flinn shares key tax tips for 2025, including new withdrawal rules, deductions for seniors, childcare credits, and side gig income management.