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  2. It Looks Like Chickens Aren't Cash as Far as the IRS Is Concerned

    The Fiscal Times via Yahoo FinanceAug 02 21:52 PM

    The Wall Street Journal’s Richard Rubin tweeted Thursday that "the IRS seems to have decided that live Peruvian chickens are not, in fact, equivalent to cash," despite the thriving market ...

  3. States Where It Costs the Most (and Least) to Be Rich

    SmartAsset via Yahoo FinanceAug 08 11:00 AM

    In 2016 the IRS reported that it collected nearly $18.3 billion in estate taxes, from more than 5,200 estates. While the estate tax is a punishing one-off payment, the wealthy can also ...

  4. IRS Targets Loopholes for $415 Billion Business Owner Tax Break

    Bloomberg via Yahoo FinanceAug 08 14:00 PM

    Treasury officials said during a call with reporters on Wednesday that a law firm consisting of multiple, commonly-controlled entities, in which one entity provides its specified services back ...

  5. Prosecutors: Paul Manafort believed he was above the law

    Associated Press via Yahoo FinanceAug 01 0:56 AM

    Paul Manafort orchestrated a multimillion-dollar conspiracy to evade U.S. tax and banking laws, leaving behind a trail of lies as he lived a lavish lifestyle, prosecutors said Tuesday as they ...

  6. IRS Blocks Refund for Companies Overpaying Offshore Profits Tax

    Bloomberg via Yahoo FinanceAug 03 17:23 PM

    Interest-Free Installments Companies can elect to pay in interest-free installments over eight years. Along with a cut in the corporate rate to 21 percent from 35 percent, the rules help shift ...

  7. All eyes on 'right-hand man' as Manafort trial resumes

    Associated Press via Yahoo FinanceAug 04 6:18 AM

    The bookkeeper said Paul Manafort submitted fake financial documents. The accountant testified he hid foreign bank accounts. On Friday, a tax preparer even admitted that she helped disguise ...

  8. The Treasury Department is considering cutting capital gains taxes. After seeing headlines this week about a new tax proposal out of the Treasury Department, some investors might be wondering ...

  9. Op Ed: Cryptocurrency Capital Gains Taxes — Breaking Down the Problem

    Bitcoin Magazine via Yahoo FinanceJul 30 17:04 PM

    Don Fort, the chief of the IRS criminal investigation unit, speaking on a recent tax conference panel, discussed at length how “cryptocurrency is becoming a new area of enforcement for ...

  10. More Americans may owe the IRS next tax season

    Fox Business via Yahoo FinanceAug 06 17:47 PM

    Some taxpayers may owe the IRS more than they expect next April, after changes were made to individuals’ tax liabilities via the Tax Cuts and Jobs Act last year. According to a simulation ...

  11. To help reduce the number of Americans who will owe a tax bill, the IRS is encouraging individuals to conduct a paycheck checkup with their income tax withholding calculator. Is my employer ...

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