When a taxpayer files a tax return reporting their income, the IRS gains insight into their earnings and can compare this information with similarly ...

Year-End Tax Planning for Individuals and Businesses As the year winds down, our team at Perkins & Co has been reflecting on the key financial and ...

The importance of acknowledging your donors’ charitable contributions Based on our experience, most nonprofits receive a significant portion of their ...

Go above and beyond with us. As we at Perkins will spend the start of the new year preparing for the upcoming filing season, we want to ensure you know ...

December 24, 2024: The Department of Treasury has extended the reporting deadline for reporting companies that were created or registered prior to ...

The courts have taken an expansive view as to what counts as fraud for tax matters. Some courts have even said taxpayers can be held accountable for ...

It’s tax time, you’re digging through your records… and your preparer or tax software asks about tax payments you’ve already made. Um, was I ...

U.S. Court of Appeals Pauses Enforcement of the CTA The U.S. Court of Appeals for the Fifth Circuit paused the enforcement of the CTA on December 27, ...

Is IRS Offshore Disclosure Right For You? (Common Examples) Is IRS Offshore Disclosure Right For You? Each year, Taxpayers who are considered U.S. Persons ...

WASHINGTON — The Internal Revenue Service announced today tax relief for individuals and businesses in southern California affected by wildfires ...