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Kenyan President William Ruto said he's withdrawing a contentious tax bill after it led to the deaths of at least 23 people.
June 26 -
The Internal Revenue Service isn't doing enough to help victims of identity theft receive their tax refunds, according to a report from National Taxpayer Advocate Erin Collins, and its statistics on answering phone calls are misleading.
June 26 -
The proposal calls for a 2% minimum tax that would hit about 3,000 of the world's richest people, and is set for debate when G-20 finance ministers gather in Rio de Janeiro next month.
June 26 -
Disaster planning; the flipside of an Employee Retention Credit mess; the QoE; and other highlights from our favorite tax bloggers.
June 25 -
In a narrow holding, the Supreme Court upheld the provision, but emphasized that the ruling did not have broader implications.
June 25 -
When you announce the new tax season to your clients, let them know it's a new benefit you're offering.
June 25L&H CPAs and Advisors -
The Internal Revenue Service issued an unusual public apology to the hedge fund manager for failing to protect his confidential tax data from being stolen and leaked to the media by a contractor now in prison.
June 25 -
Middle-class residents in these states pay a smaller percentage of their paychecks to taxes.
June 25 -
Sen. Bernie Sanders and Ed Markey are introducing legislation to impose a 95% windfall tax on the excess profits of large corporations that are overcharging for products.
June 24 -
The Internal Revenue Service switched over from focusing its audits on taxpayers earning $10 million or more to those earning $400,000 or more after passage of the Inflation Reduction Act.
June 24