The IRS last week addressed the federal income tax treatment of amounts paid for the purchase of energy-efficient property and improvements. Taxpayers who receive “rebates”—described in...
Hedge funds are dumping stocks at the fastest pace in three months as what’s often called ” the smart money ” stepped up bearish wagers against...
Jackson Hewitt has agreed to pay $10.8 million to settle a proposed class-action lawsuit over the tax prep giant scheming to limit employees’ mobility and suppress...
A federal program that has helped roughly 23 million American households receive free or heavily discounted high-speed internet is set to see sharp cuts in May,...
By Nellie Akalp. As accountants and CPAs, dealing with payroll taxes is essential to managing finances for your business clients. Understanding the details of payroll taxes...
Gas prices are displayed at a gas station on March 12, 2024 in Chicago, Illinois. Scott Olson | Getty Images A closely watched Labor Department report...
Check out the companies making headlines in midday trading. BlackBerry — BlackBerry shares popped nearly 7% after the company announced a partnership with Advanced Micro Devices...
The Internal Revenue Service and the Treasury Department issued proposed rules Tuesday for the stock buyback tax for large corporations. The two Notices of Proposed Rulemaking...
Riska | E+ | Getty Images It may be a while longer before the Federal Reserve lowers interest rates, experts now say. That means savers can...
By Oren Koren Tax season is underway, which means cyber criminals are hard at work. With the plethora of highly sensitive personal and financial data being...
After nine years in the role, she has decided not to seek re-election in May. Her departure comes amid significant turnover in the theater industry.
Americans can’t save because they struggle to meet basic spending needs. (iStock) Americans are borrowing from their savings or taking other measures to make ends meet...
Chief obstacles; tax illiteracy; what makes a great preparer; and other highlights from our favorite tax bloggers. Acting badly Mauled Again (http://mauledagain.blogspot.com/): A thrilling Super Bowl...
Comstock Images | Stockbyte | Getty Images It’s not unusual for new homeowners to face financial surprises, but people buying a newly built home may be...
By Leada Gore, al.com (TNS) Bogus claims on social media are nothing new. But when it comes to taxes, misleading information on social media can lead...