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Tax preparer fraud on the rise in 2023
Lawyer warns that tax preparer fraud on the increase in 2023 Current: 9:14 AM EST Jan 30, 2023 Cover Transcript Present Transcript Clinic IN Stable Situation. TAX Time IS On US, AND Even though TAXPAYERS Currently HAVE A lot ON THEIR Brain TO Look at Right before THEY FILE, TAX RETURN PREPARER FRAUD IS ON THE Rise. Here WITH Additional ON HOW TO NOT Slide Victim TO A TAX PREPARER Scam ARTIST IS Low-Cash flow TAX CLINIC DIRECTOR FOR MARYLAND VOLUNTEER Attorneys, JOHN HARDT AND Thanks FOR Getting Below JOHN. WHAT ARE SOME OF THE PITFALLS People May perhaps Encounter WHEN Submitting THEIR TAXES? >> Aside FROM THE Frequent Errors…
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Honolulu Homeowners Are Shocked At New Property Tax Bills. Here’s Something That Could Help
Several states have so-called “Truth-in-Taxation” laws designed to mitigate the sharp property tax increases like the ones Honolulu homeowners are facing. When Andria Tupola first heard of a policy designed to prevent property taxes from spiking sharply when property assessments rise, she filed the idea in her head as an interesting concept not related to her job at the time. Then, Tupola was a Hawaii state representative trying to learn more about government fiscal policies at a national conference for state legislators held the Utah State Capitol. One presentation focused on Utah’s “Truth-in-Taxation” statute. The law is based on the premise that property taxes shouldn’t increase automatically simply because property…
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Tax Cheats, Dodgers, Avoiders, And Evaders
Taj Mahal, the casino at the time owned by Donald Trump in Atlantic Town, Usa. (Picture by Tony … [+] Ward/Mirrorpix/Getty Visuals) Getty Pictures The information is loaded with tales about conflicts concerning taxpayers and tax collectors. Just a few months ago a New York jury convicted the Trump Business of felony fraud for a 15-yr plan to aid top rated executives dodge taxes. While that circumstance is a linguistic no-brainer, we often wrestle to appropriately explain these who aggressively do the job to decrease their taxes. We have a tendency to use a extensive checklist of descriptions pretty much interchangeably. There is tax avoidance, tax evasion, and tax fraud.…
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SCOTUS Weighs-In on Attorney-Client Privilege | International Wealth Tax Advisors
Are documents and communications geared up for the reason of supplying tax advice lined by the legal professional-customer privilege? The U.S. Supreme Courtroom just lately refused to answer this issue in a intently watched scenario that tax and legal experts predicted could have significant implications for the legal professional-shopper privilege and for so-named dual-objective communications. Dual-function communications are attorney-client communications that are both equally lawful and non-lawful in goal. The case, In re Grand Jury, No. 21-1397 (S. Ct. 2022) wound its way up to the Supreme Courtroom right after the Ninth Circuit ruled that courts, in evaluating dual-objective communications, need to weigh all of the functions for producing the…
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Here are the biggest tax changes this year
Some of this year’s biggest tax changes are those tax breaks you won’t get — after pandemic-era credits expired. But the Inflation Reduction Act is ushering in a pair of tax benefits for environmentally-minded Americans. Also new this filing season: the expiration of a homeowner deduction, potential double taxation for some remote workers, and the deadline for federal returns. One intended change that would have likely led to confusion was dumped late last year before it took effect. Taxpayers should avoid feeling overwhelmed by the changes by focusing on only those that affect their returns and leave the rest to the tax pros. “The tax code as a whole is…
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Teaching Tax Law Critically And The Earned Income Tax Credit
Books on a shelf of a legal library getty Professor Diane Kemker of DePaul College of Law shares her argument for more coverage of the earned income tax credit in tax law casebooks to improve inclusivity. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week: casebook case study. While tax law is shaped by Congress, Treasury, and the courts, tax education is shaped by professors and experts who write textbooks and casebooks. These authors are gatekeepers whose work influences what subjects and areas of tax law are highlighted in classes.…















