Posts from August 2025.
Under new federal legislation, gamblers will feel the sting of additional income taxes beginning in 2026… even if they lose!
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Only time will only tell whether ongoing Internal Revenue Service workforce reductions will lead to more efficiencies or more headaches for the nation’s taxpayers.
Tags: Business Tax Controversy, Income Tax, Internal Revenue Service (IRS), Personal Tax Controversy, Tax Audit, Tax Law
Topics
- Tax Law
- Personal Tax Controversy
- Income Tax
- Business Tax Controversy
- Bankruptcy
- Tax Audit
- Tax Lien
- Charitable Giving
- Nonprofit
- Philanthropy
- Probate Litigation
- Trust & Estate Planning
- Business Succession
- Property tax
- Internal Revenue Service (IRS)
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Recent Updates
- Clearing up Misconceptions About Bankruptcy and Federal Tax Debt
- Beyond Borders – What Every American Needs to Know About IRS Foreign Asset Disclosure
- What Every Business and Contract Worker Must Know About Employment Tax Audits
- Kick off Your Holiday Season with a Charitable Giving Plan
- What Taxpayers and Business Owners Should Know Before Their Accounts are Frozen by an IRS Bank Levy
- Government Shutdown Threatens IRS Tax Return Extensions
- IRS Liens Demystified: Discharge, Subordination and Your Options
- How to Remove an Income Tax Lien: Your Options Explained
- New Federal Legislation Doubles Down on Gutting Gambling Deductions
- 2025 IRS Workforce Reductions – What the Latest TIGTA Report Reveals