federal taxes Archive

Garage Door Company Owner Pleads Guilty to Evading Taxes Over $200,000
January 23, 2023
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TweetShareSharePin0 Shares An Arkansas garage door company owner has pleaded guilty to evading over $200,000 of federal business taxes. Ronald Clark, a Bella Vista local, owned and operated Clark Overhead Doors, a company that installed, serviced, and repaired garage doors. Clark has admitted to evading the assessment of federal income and employment taxes between 2015

Opening an Airbnb In Florida? Here’s What You Should Know!
January 23, 2023
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TweetShareSharePin0 Shares In recent years, more and more people have made the decision to become Airbnb hosts, VRBO owners, or privately list vacation rental properties. This is a great opportunity for those who are looking to make extra money, especially if they reside in a desirable vacation destination like the Hamptons, Colorado, or Florida. Florida,

Best 2023 Tax Tips For Small Business Owners
January 23, 2023
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TweetShareSharePin0 Shares With the 2023 tax filing season officially starting on January 23, 2023, it’s time for small business owners to get everything in order to file their returns. Tax time can be stressful no matter what kind of company you operate or how long you’ve been an entrepreneur. The IRS makes alterations to the

Tax Season Officially Begins, IRS Optimistic For Positive Taxpayer Experience
January 23, 2023
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TweetShareSharePin0 Shares The tax filing season officially begins today, January 23, and the Internal Revenue Service (IRS) is optimistic that taxpayers will have a positive experience this year. This optimism is largely due to $80 billion in additional funding the agency received as part of the Inflation Reduction Act last year. ABC News reported details

Lower 1099-K Threshold Would Put Gig Workers on More-Equal Footing
January 20, 2023
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TweetShareSharePin0 Shares As of 2021, about 16 percent of Americans had earned money through an online gig work . While contract labor is not new, the growth of online and app-based gig work has caused new tax headaches for everyone from the IRS to people who use third-party payment platforms like Venmo and PayPal, Uber

CEO of Hollywood Anti-Poverty Non-Profit Pleads Guilty to Embezzlement
January 20, 2023
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TweetShareSharePin0 Shares The former CEO of a Hollywood-based anti-poverty non-profit group has entered a guilty plea on embezzlement charges and other federal charges. According to an official release from the Internal Revenue Service (IRS), Howard Dixon Slingerland, a resident of Studio City, has agreed to plead guilty to two counts — conversion and intentional misapplication of

Iowa Property Tax Reform Plan Misses the Mark
January 19, 2023
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TweetShareSharePin0 Shares On the heels of adopting one of the most comprehensive state tax reform packages in years, Iowa lawmakers are back in Des Moines with property tax relief in their sights. But while the issue is worthy of their attention, House File 1 (HF 1) as currently drafted misses the mark. Property tax limitations

Understanding Revenue Implications For State Pass-Through-Entity Taxes
January 19, 2023
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TweetShareSharePin0 Shares The 2017 Tax Cuts and Jobs Act’s $10,000 cap on the state and local tax (SALT) deduction managed to survive attempts to reform or scrap the policy during the last Congress, but that hasn’t stopped states from bypassing it. If anything, state activity in this area has accelerated, even though the provision is

Tax Justice Network Arabic podcast #61: الفاتورة الإلكترونية بين رفض المهنيين وإصرار مصلحة الضرائب
January 19, 2023
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TweetShareSharePin0 Shares Welcome to the 61st edition of our Arabic podcast/radio show Taxes Simply الجباية ببساطة contributing to tax justice public debate around the world. It’s produced and presented by Walid Ben Rhouma and is available on most podcast apps. Any radio station is welcome to broadcast it for free and websites are also welcome to share it. You can follow

Jacques Delors’ EU Single Market & Tax Policy
January 19, 2023
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TweetShareSharePin0 Shares On 1 January 1993, the European Union launched the Single Market by abolishing border controls between EU Member States and ensuring the free movement of people, goods, services, and capital (otherwise known as the EU’s four freedoms). Thirty years later, the liberal economic principles that have driven the EU Single Market’s success are