The IRS has issued a private letter ruling on I.R.C. §7701 and Treas. Reg. §301.9100 granting foreign entities a 120-day extension to file Form 8832 to elect classification as a partnership and ...

A proposed fix for Portland’s arts tax could mean less paperwork, some people wouldn’t pay and others would pay $15 more. But it wouldn’t completely solve one of the thorniest problems with the tax: ...

To see how people judge someone based on their writing in the age of ChatGPT, my colleague Jiaqi Zhu and I recruited more than 1,300 U.S.-based participants, ages 18 to 84, and showed them ...

Governor Kathy Hochul and Mayor Zohran Mamdani celebrated Tax Day last week by jointly announcing plans to hike taxes. The pair’s proposal would let New York City impose a new surtax on houses and ...

China’s tax system is facing growing pressure as economic conditions shift. Slower growth in key sectors has affected government revenue streams. At the same time, structural changes in the economy ...

Tax season is always a busy time of the year, especially for scammers. According to the Federal Trade Commission (FTC), a text or email about your “tax refund” is always a scam. These messages are ...

WASHINGTON, April 15 (Reuters) - The Trump administration dramatically reduced efforts to pursue tax cheats in 2025, government data shows, shedding tens of thousands of employees at the Internal ...

Jon Scholes runs the Downtown Seattle Association. Earlier this week, he posted something on LinkedIn that deserves a wider audience. He opened with five words in all caps. “SEATTLE WE HAVE A PROBLEM.

A Florida man who said he never worked for Uber said the app reported income in his name to the IRS. Now, the man is suing the ride-hailing app. It's the latest example of Uber and other apps ...

Real estate offers unique income and estate tax advantages, according to a UBS Wealth Management analysis. Strategies include depreciation, LLCs, self-directed IRAs, trusts, and more. Strict IRS rules ...

As Americans prepare to file their taxes, they should know they’ve already been paying a new one all year — import taxes, better known as tariffs. Despite political rhetoric to the contrary, that’s ...

Maryland taxpayers who could be eligible for the state’s Earned Income Tax Credit have been getting text messages from state officials to make sure those who qualify for the benefit claim it on their ...