Taxpayers that have willfully failed to comply with tax or tax-related obligations may be able to resolve their non-compliance and limit their exposure to criminal prosecution by filing an application ...
The Internal Revenue Service announced Thursday it plans to mail up to 30,000 letters to reverse potentially more than $1 billion in incorrect Employee Retention Credit claims. It is sending the ...
Whether in the U.S., U.K., EU, or Asia, regulators now treat digital assets as taxable property. By 2026, new international ...
One area of fallout from the Supreme Court 2018 Wayfair decision has been the changes in nexus rules imposed by different states, catching many small businesses unaware of their liability under the ...
The IRS has identified about $1 billion in potential savings from erroneous employee retention credit (ERC) claims, with over half of that money coming from enforcement efforts and the rest from the ...
It is not uncommon for Texas taxpayers to engage in a transaction in which they do not collect or pay Texas sales tax, believing the transaction to be nontaxable, only to later find out they had a tax ...
The Internal Revenue Service wants you to come clean if you have unreported income and unpaid taxes from past years.
ROME (Reuters) - An Italian scheme launched in January to encourage tax dodgers to declare hidden funds in return for criminal immunity brought in more than 4 billion euros (£2.9 billion) before it ...
Taxpayers are more likely to come forward to the Canada Revenue Agency (CRA) about unpaid taxes under the agency’s revised ...
Starting October 1, 2025, the Canada Revenue Agency (CRA) will roll out changes to its Voluntary Disclosures Program (VDP).