Court Upholds IRS Lien Against Maryland Company Over Unpaid Taxes The Tax Court has upheld the IRS’ federal tax lien against Horizon Health Services, Inc., a Maryland-based corporation, after finding …
IRS Finalizes Stock Buyback Tax Rules Treasury and the IRS have released final regulations on the 1% excise tax on the value of stock repurchased by …
Maine Announces Individual Income Tax Rate Schedules, Personal Exemption, Standard Deduction for 2026 Maine Revenue Services has released the individual income tax rate schedules and the personal exemption and standard deduction amounts, adjusted …
Most Employers Lack Full I-9 Automation Amid Stricter Penalties for Violations, Study Finds Tougher penalties for Form I-9 violations are raising the costs of noncompliance for employers at a time most still lack …
IRS Changes Course on FIRPTA Look-Through Rule for Domestic C-Corps The IRS has proposed removing a recently adopted rule that prescribes looking at the shareholders of certain domestic corporations to …
Tax Court Cancels Trial Sessions Amid Government Shutdown The United States Tax Court has canceled all in-person and remote trial sessions scheduled for the weeks of October 20 …
Home Sweet New Tax Home Hilari Pickett March 20, 2025 Practitioner’s Tax Action Bulletin® Advisory Tax practitioners frequently consult with clients who are moving, or …
Amid Legislative Push for Crypto in Pensions, New Report Urges States to Enact Prohibitions As a growing number of U.S. states consider or enact legislation allowing public pension funds to invest in cryptocurrency, a …
Protect disaster victims’ refunds from getting caught in the Lookback Trap Mary Lundstedt December 23, 2024 In the wake of a devastating hurricane season, tax practitioners can help those clients affected …