August 28, 2023 2:00 pm Published by prismatax Why is it important to know what was paid originally? The cost basis helps determine what, if any, tax is... View Article
August 27, 2023 5:11 pm Published by prismatax Under SECURE Act 2.0, high paid workers would have to make their catch-up contributions to an after-tax Roth account beginning... View Article
August 25, 2023 10:26 pm Published by prismatax “Copyrighted non-grantor irrevocable complex discretionary spendthrift trust” sprinkled tax fairy dust on your assets so that no taxes need be... View Article
August 25, 2023 5:54 pm Published by prismatax Ryan Finley of Tax Notes provides an overview of amount B from pillar 1 of the OECD’s two-pillar corporate tax... View Article
August 25, 2023 4:48 pm Published by prismatax Considering selling your home? The infamous $1 transfer of the family home is one of those things that can often... View Article
August 24, 2023 2:45 pm Published by prismatax Tax Notes contributing editor Nana Ama Sarfo examines the recent trend of social-media-based tax fraud schemes.
August 23, 2023 9:26 pm Published by prismatax The Justice Department and related law enforcement agencies have been working to stop Covid-related fraud and punish those responsible.
August 23, 2023 3:08 pm Published by prismatax Sometimes the pain of a crime includes paying taxes on the stolen money.
August 23, 2023 1:32 pm Published by prismatax You might get your refund, but get audited and be asked to repay the money, including interest and penalties. Even... View Article
August 23, 2023 11:16 am Published by prismatax Users of tax prep websites in seven states have filed a class action lawsuit against Google, LLC, claiming the company... View Article