Frank Azar ends 20-month fight with IRS over 2017 tax bill

Frank Azar, the powerhouse personalized injury lawyer and denizen of a great number of Colorado billboards, has attained a settlement about a $716,000 tax bill he at the time sued…

IRS, regulators remain silent on crypto tax loophole ahead of new year

U.S. traders can deduct from their capital gains tax this 12 months by providing cryptocurrencies at a decline, then instantly acquire again individuals same assets. The opportunity stems from a…

IRS delays implementing the 1099-K $600 reporting threshold until 2023, to the relief of tax pros

Tax pros, third-party settlement companies, e-commerce platforms (such as eBay, PayPal, Etsy, CashApp, and Venmo), and individuals and compact organizations that use individuals platforms to offer their items and services…

Trump’s lawyers called this accounting firm “negligent,” but the IRS believed it ensured his taxes were accurate

When Congress’ Joint Committee on Taxation investigated the IRS audits of Donald Trump’s taxes, an agent’s take note on Trump’s 2017 filings stood out. The IRS agent wrote that Trump…

IRS went easy on Trump taxes since he had accountants: report

Home Democrats are scrutinizing why the Internal Revenue Service unsuccessful to completely audit Donald Trump’s tax returns when he was in the White Home, in spite of an agency plan…