Last year brought a windfall for retail investors as the S&P 500 posted a 16% gain, but now the IRS will be taking its share ...

Mathews Chacko pleaded guilty to conspiring with employees to defraud the United States by filing false federal tax returns ...

IRS disallows charitable deduction for LLC donation lacking economic substance, assigns income back to taxpayers in memo ...

Penalties for fraudulently registering a car out of state and claiming it is used outside California include a 50% penalty on top of the tax on the purchase price.

If you’re a small business owner or entrepreneur with a limited liability company (LLC), you have to understand your tax rate. The tax rate for LLCs depends on their structure, income level, and state ...

Plus: “No tax on tips” gets more complicated, Taxing Social Security benefits, tax season filing statistics, Taxes From A to ...

Must-Know Tax Season Tips for Small Businesses and Solopreneurs ...

Jenny Wicke was ordered to spend four years on probation as part of a plea deal for failing to pay sales tax and misstating ...

Taxpayers who receive these notices are being asked to take several steps within 30 days of receipt or face waiting months for paper refund checks.

While Republican-led states are mostly adopting the various tax changes from the One Big Beautiful Bill Act, some states led by Democrats are refusing to go along.