Inheritance taxes are imposed on items left to an individual by someone deceased. The tax rate to be paid varies depending on what is left to the indiv ...

As the 2025 tax season approaches, taxpayers should brace for new developments and potential challenges. While timely refunds ...

Jeffrey Richard, owner of Black Bear Industrial Inc. is to spend a year in federal prison and pay nearly $1 million in restitution.

The IRS has issued 3.2 million refunds for the 2025 filing season so far. As of Jan. 31, the average refund amount was $1,928 ...

It’s tax season, and scammers know this is an excellent time of year to strike. Swindlers will pose as tax preparers and IRS agents to steal your refund and identity.

The digital era is evolving every single day, which means scammers are as well. The art of deception has never been greater ...

Settlements in the employment law context can set up thorny tax issues for employers. In this alert, we will discuss two key issues companies ...

Here are some tax terms you should know. Your tax liability is the amount of tax you owe to the IRS or your state government.

The IRS treats interest earned on a savings account as earned income, meaning it can be taxed. So, if you received $125 in interest on a high-yield savings account in 2024, you're required to pay ...

The fake IRS emails and texts announcing tax refunds and credits are already on the way. It’s tax filing season, so beware of ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...