Tax season is about to collide with one of the biggest rewrites of the code in years, and the result could be a noticeably different refund for millions of filers. Between routine inflation ...

An Irvine couple accused of failing to file IRS forms for more than $127 million in cash from their precious metal businesses ...

A married couple who operated precious metals businesses in downtown Los Angeles’ Jewelry District have pleaded guilty to federal charges stemming from a yearslong scheme to conceal more than $127 ...

Learn about IRS Publication 535, crucial for business owners to understand deductible expenses to reduce taxable income.

The husband-and-wife owners of precious metals businesses in downtown Los Angeles pleaded guilty Friday to federal charges ...

Discover the role and tax requirements of household employees, such as nannies and housekeepers, and learn how they differ from independent contractors.

Learn how LLCs can set up a SEP IRA for retirement savings. Understand eligibility, contribution limits, and key considerations for business owners and freelancers.

Discover how IRS Form 1065 helps partnerships report income and deductions. Learn how it’s crucial for completing partners’ tax returns with Schedule K-1 allocations.

If you work as an employee, you’ll encounter two forms in the course of your employment: Forms W-2 and W-4. Your W-2 will ...

When the IRS first put out Publication 590-B in 2021 for the 2020 tax year, it offered an example that implied someone (a non-exempt beneficiary) who was subject to the new 10-year rule had to make an ...

The One Big Beautiful Bill brought several changes to personal income taxes. Learn what you need to know for the upcoming tax season.