The Fan Who Caught Shohei Ohtani’s 50-50 Home Run Ball May Be Unable To Dodge A Significant Income-Tax Bill
The IRS is likely to treat the ball as a 'collectible,' meaning that it will be taxed at a flat 28% rate.
Supreme Court Upholds Tax On Unrealized Income While Avoiding The Wealth Tax Question
It is interesting to note that a constitutional challenge to a tax law even made it this far.
What You Can Do If You Have More Than One Government Agency Coming After You For Taxes
Remember: Every situation is different.
In California, Minimum Hourly Wage For Fast-Food Workers Is Now $20
Will consumers eat the cost increase?
Can Shohei Ohtani’s Gambling And Theft Controversy Provide Him With Tax Relief?
The story has a lot of twists and turns.
Are Trump’s Legal Fees Tax Deductible?
Whether legal fees are deductible generally depends on the nature of the matter.
Plugging The Profit Leaks: How Your Firm Can Stop Burning Money
Join the webinar on September 25th and learn some quick wins you can implement right away.
The Expensive Luxury Vacation Packages Included In The Academy Award Gift Bags Are Taxable Under One Condition
Even though they are gifts, they are not really free...
Actor Terrence Howard Hit With A Judgment For More Than $900,000 In Back Taxes While Claiming It Is Immoral To Tax Descendants Of Slaves
Howard seems to have had a long history of tax issues.
Shohei Ohtani’s $700M Contract Exposed A State Tax Secret
it seems wrong to make Ohtani the poster boy for tax reform.
Did The Creator Of Barbie Engage In Tax Evasion?
Barbie, who has held over 200 careers -- including beekeeper, matador, Starfleet security officer, jillaroo, cat burglar, photojournalist, lawyer, judge, police officer, chief sustainability officer, and lute player -- has never been an accountant.
The Law Firm’s Guide To Trust Accounting And Three-Way Reconciliation
Proper trust accounting and three-way reconciliation are essential for protecting client funds and avoiding serious compliance risks. In this guide, we break down these critical processes and show how legal-specific software can help your firm stay accurate, efficient, and audit-ready.
Was The ‘Coyote vs. Acme’ Movie Canceled For Tax Purposes?
Studios generally do not make movies just lto create tax write-offs. Wile E. Coyote had no comment. The Road Runner was traveling and unavailable for comment at press time.
Rudy Giuliani Hit With $550K Tax Lien
He's in a financial tailspin, and the IRS is another creditor.
As Student Loan Repayments Restart, Which Payment Plan Is Right For You?
There are four income-driven repayment plans.
Fox News’ Settlement Payment To Dominion Will Be Tax Deductible
Hopefully some of the tax savings can be used to hire a full-time fact checker.
An Interview With Jazmen Jafar, A Lawyer Turned OnlyFans Model
A frank discussion about her new line of work outside of the legal profession.