Executive Appeals to Supreme Court a $1 Million IRS Penalty for Not Disclosing a Foreign Bank Account
A businessman who was fined almost $1 million for failing to report a foreign bank account is asking ...
Source: theepochtimes.com
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Tax day arrives with the IRS behind on millions of returns
Tax day arrives with the IRS behind on millions of returns By Laura Davison Bloomberg,Updated May 17, 2021, 2 hours ago Email to a Friend Daniel Acker/Bloomberg (Bloomberg) -- Monday brings a close to what tax advisers have dubbed the ânever-ending tax season,â with the IRS scrambling to cope with repeated changes in law that offered just a foretaste of the challenges to come -- with President Joe Biden pressing for a raft of higher levies and stepped-up audits. Since the start of the pandemic, Congress authorized three rounds of stimulus checks, temporary expansions to tax credits ...
Source: bostonglobe.com