There's a common saying in the business-aviation industry: The private jet isn't a luxury; it's a time machine. The point of a private jet is to save its occupant time and increase their productivity.
Dechert LLP recently obtained an IRS private letter ruling (“PLR”) on behalf of an asset manager concluding that certain C-PACE assessments are “obligations . . . secured by an interest in ...
Here’s a tip: Instead of trying to guess the future, here’s a look at the IRS rules on tips as they stand now. Tip money counts as ordinary taxable income and it doesn’t matter how it comes ...
An IRS spokesperson said federal law prohibited the agency from discussing private ... episodes under audit, reporting by the Times in recent years has found that, across his business career ...
excluding gig economy or business income, itemized deductions, or credits like the child and dependent care credit or saver's credit. The IRS said in its announcement that it was exploring ways to ...
"This week we’re making Likes private for everyone to better protect ... The platform has switched to a more aggressive business model, selling "verification" services that were previously ...
For the pilot, Direct File was offered to taxpayers with relatively simple tax situations. Now, the IRS is examining ways to expand eligibility to more taxpayers by covering more tax situations.