Case: Taxpayers Not Entitled to Deductions for Business Expenses or Losses (T.C. Memo)
Taxpayers were not entitled to deduct payments made related to out-of-state businesses as business expenses or losses, held the U.S. Tax Court, sustaining the IRS’s determinations of tax and additions ...
You could see this tax form for the ‘first time ever' this season, taxpayer advocate says
You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.
CNET on MSN5h
You Could Owe Taxes This Year if You're Paid Through Venmo, PayPal or Cash App. Here's Why
If you are paid for your freelance or small business services through Zelle, it's your responsibility to report all income on ...
WGN Radio8h
Do not put your business expenses on your personal tax return
IRS Tax Attorney Steven A. Leahy of the Law Office of Steven A. Leahy, PC with Opem Tax Advocates joins the program to remind the dos ...
Expand Deduction for Service Businesses, CPA Group Asks Congress
The American Institute of CPAs is asking the Congressional tax-writing committees to broaden a deduction used by partnerships ...