As the 2024 presidential election draws closer, tax policies have taken center stage in the campaigns of Vice President Kamala Harris and former President Donald Trump. While taxes are not
The IRS Pathways Student Intern Program presents a valuable opportunity for students interested in a career with the IRS Criminal Investigation (CI) Division. This paid internship program offers hands-on experience
The IRS has recently rolled out several updates that are critical for business owners to understand, especially with regard to the Employee Retention Credit (ERC), the Corporate Alternative Minimum Tax
In the ever-evolving landscape of tax compliance, recent events involving high-profile figures highlight the complexities and challenges businesses face when it comes to their financial reporting and compliance obligations. A
In a recent statement, former President Donald J. Trump announced his intention to eliminate the “double taxation” faced by Americans living abroad. This move marks another tax reform proposal targeting
In recent years, the plight of Americans unjustly detained abroad has garnered significant attention, not just for the human rights implications but also for the unexpected financial repercussions upon their
As a business owner, planning for retirement is crucial, and Individual Retirement Accounts (IRAs) are often a key component of that plan. However, it’s essential to understand the rules surrounding
The recent Paris Summer Olympics were a monumental success for U.S. athletes, with many bringing home prestigious medals and cash rewards. But there’s another reason to celebrate—thanks to a 2016
The IRS has finally issued long-awaited regulations on how required minimum distributions (RMDs) should be calculated for inherited qualified retirement plans and IRAs. These new rules, released in July 2024,