Showing 13 to 24 of 38 results
Unfiled Foreign Tax Returns Extend IRS Audit Period Indefinitely
The IRS can audit unfiled foreign information tax returns indefinitely, impacting taxpayers' financial liability; eight specific forms trigger this extended audit period.
Unfiled Foreign Tax Returns Extend IRS Audit Period Indefinitely
The IRS can audit unfiled foreign information tax returns indefinitely, impacting taxpayers' financial liability; eight specific forms trigger this extended audit period.
Progress
16% Bias Score
Executor Liability for Unpaid Estate Taxes in the U.S.
U.S. estate tax law holds executors personally liable for unpaid estate taxes even without knowledge of the debt; liability for income/gift taxes requires knowledge but also carries significant risk; various IRS forms can mitigate liability.
Executor Liability for Unpaid Estate Taxes in the U.S.
U.S. estate tax law holds executors personally liable for unpaid estate taxes even without knowledge of the debt; liability for income/gift taxes requires knowledge but also carries significant risk; various IRS forms can mitigate liability.
Progress
36% Bias Score
Spain's Tax Agency Launches 2024-2025 Campaign with Focus on Digital Transactions
Spain's 2024-2025 tax campaign, starting this Wednesday, expects 24.8 million declarations (68% for refunds totaling €15 billion), incorporating new warnings for online sales and services alongside existing ones for cryptocurrencies, foreign income, and rentals, aiming to improve voluntary complianc...
Spain's Tax Agency Launches 2024-2025 Campaign with Focus on Digital Transactions
Spain's 2024-2025 tax campaign, starting this Wednesday, expects 24.8 million declarations (68% for refunds totaling €15 billion), incorporating new warnings for online sales and services alongside existing ones for cryptocurrencies, foreign income, and rentals, aiming to improve voluntary complianc...
Progress
44% Bias Score
House Votes to Repeal Biden-Era DeFi Broker Rule
The House voted to overturn a Biden-era rule on decentralized finance (DeFi) brokers, eliminating new reporting requirements via Form 1099-DA; the Senate must now revote, with President Trump expected to sign it into law.
House Votes to Repeal Biden-Era DeFi Broker Rule
The House voted to overturn a Biden-era rule on decentralized finance (DeFi) brokers, eliminating new reporting requirements via Form 1099-DA; the Senate must now revote, with President Trump expected to sign it into law.
Progress
36% Bias Score
HMRC Raises Side Hustle Tax Reporting Threshold to £3,000
The UK's tax authority, HMRC, is raising the reporting threshold for trading income from £1,000 to £3,000 by 2029, impacting up to 300,000 people who will no longer need to file self-assessment tax returns for side hustles; approximately one-third of this group will not owe any tax.
HMRC Raises Side Hustle Tax Reporting Threshold to £3,000
The UK's tax authority, HMRC, is raising the reporting threshold for trading income from £1,000 to £3,000 by 2029, impacting up to 300,000 people who will no longer need to file self-assessment tax returns for side hustles; approximately one-third of this group will not owe any tax.
Progress
40% Bias Score
Greece Launches Digital Real Estate Registry to Boost Tax Compliance
Greece's tax authority is launching a digital registry this month containing detailed information on over 7 million taxpayers' properties, consolidating data from various sources to improve tax compliance and transparency.
Greece Launches Digital Real Estate Registry to Boost Tax Compliance
Greece's tax authority is launching a digital registry this month containing detailed information on over 7 million taxpayers' properties, consolidating data from various sources to improve tax compliance and transparency.
Progress
40% Bias Score
Complex R&D Tax Credit Stifles US Corporate Innovation
A new study reveals that the complex compliance requirements of the US R&D tax credit discourage corporate innovation, with increased IRS enforcement resulting in significantly lower R&D tax credit claims, suggesting that simplifying documentation is key to boosting innovation.
Complex R&D Tax Credit Stifles US Corporate Innovation
A new study reveals that the complex compliance requirements of the US R&D tax credit discourage corporate innovation, with increased IRS enforcement resulting in significantly lower R&D tax credit claims, suggesting that simplifying documentation is key to boosting innovation.
Progress
28% Bias Score
Optimal Tax Record Retention: A Guide to Compliance and Security
Taxpayers should keep tax returns and supporting documentation for at least three years after filing, but longer if income is underreported by more than 25%, the return is fraudulent, or specific foreign financial assets are involved; unnecessary records like duplicates and those unrelated to claime...
Optimal Tax Record Retention: A Guide to Compliance and Security
Taxpayers should keep tax returns and supporting documentation for at least three years after filing, but longer if income is underreported by more than 25%, the return is fraudulent, or specific foreign financial assets are involved; unnecessary records like duplicates and those unrelated to claime...
Progress
36% Bias Score
Mexico's SAT Announces Tax Relief Program for Small Taxpayers
The Mexican tax authority (SAT) launched a tax regularization program for small taxpayers with income up to 35 million pesos, offering 100% fine and penalty reduction for fiscal years 2023 and prior, payable in up to six installments, for those meeting specific requirements and not facing criminal t...
Mexico's SAT Announces Tax Relief Program for Small Taxpayers
The Mexican tax authority (SAT) launched a tax regularization program for small taxpayers with income up to 35 million pesos, offering 100% fine and penalty reduction for fiscal years 2023 and prior, payable in up to six installments, for those meeting specific requirements and not facing criminal t...
Progress
24% Bias Score
Understanding Form 1099s: IRS Tax Compliance and Potential Pitfalls
Form 1099s, reporting payments exceeding $600, are crucial for IRS tax matching, generating automated notices for unreported income; however, diverse forms and exceptions cause confusion, demanding careful attention to detail and error correction.
Understanding Form 1099s: IRS Tax Compliance and Potential Pitfalls
Form 1099s, reporting payments exceeding $600, are crucial for IRS tax matching, generating automated notices for unreported income; however, diverse forms and exceptions cause confusion, demanding careful attention to detail and error correction.
Progress
12% Bias Score
Israel's New Tax Amnesty: No Anonymity, Fast Track for Crypto
Israel's new voluntary tax disclosure program, launching soon, eliminates the anonymous reporting option used in previous programs but introduces a fast track for reporting cryptocurrency profits up to hundreds of thousands of shekels, aiming to collect NIS 2-3 billion in unreported taxes. This foll...
Israel's New Tax Amnesty: No Anonymity, Fast Track for Crypto
Israel's new voluntary tax disclosure program, launching soon, eliminates the anonymous reporting option used in previous programs but introduces a fast track for reporting cryptocurrency profits up to hundreds of thousands of shekels, aiming to collect NIS 2-3 billion in unreported taxes. This foll...
Progress
44% Bias Score
IRS Intensifies International Tax Compliance: Educational Resources and Increased Scrutiny
The IRS's 2024 Nationwide Tax Forum emphasized international tax compliance, providing detailed educational materials on global income reporting (including FATCA/FBAR) accessible to both tax professionals and taxpayers, increasing expectations for diligence and reducing the validity of ignorance-bas...
IRS Intensifies International Tax Compliance: Educational Resources and Increased Scrutiny
The IRS's 2024 Nationwide Tax Forum emphasized international tax compliance, providing detailed educational materials on global income reporting (including FATCA/FBAR) accessible to both tax professionals and taxpayers, increasing expectations for diligence and reducing the validity of ignorance-bas...
Progress
44% Bias Score
Showing 13 to 24 of 38 results