ÐÇ¿ÕÌåÓýÊÖ»ú¶Ë

July 1, 2022 ¡ª The former head coach of men and women¡¯s tennis at Georgetown University was sentenced today in connection with soliciting and accepting bribes to facilitate the admission of prospective Georgetown applicants and failing to report all of the income from the bribes on his federal income taxes.

Oct. 28, 2024 ¡ª A Monmouth County, New Jersey, doctor was sentenced today to 27 months in prison for harboring two undocumented women from India and failing to pay taxes on their wages, U.S. Attorney Philip R. Sellinger announced.

Tax Tip 2024-78, Sept. 23, 2024 ¡ª The IRS¡¯s second Employee Retention Credit Voluntary Disclosure Program is open and runs through Nov. 22, 2024. This ERC VDP helps businesses repay credits they received after filing ERC claims in error.

The bona fide residence test applies to U.S. citizens and to any U.S. resident alien who is a citizen or national of a country with which the United States has an income tax treaty in effect.

Practice units provide IRS staff with explanations of general tax concepts and information about a specific type of transaction. Practice units will continue to evolve as the compliance environment changes and new insights and experiences are contributed.

COVID Tax Tip 2022-101, July 5, 2022 ¡ª The IRS¡¯s new voice bot options mean less time on hold for taxpayers trying to verify their identity to set up or modify a payment plan. Voice bots run on software powered by artificial intelligence, which allows a caller to navigate an interactive voice response.

May 15, 2023 ¡ª U.S. District Judge Deborah L. Boardman sentenced Edward Scott Finn of Dunkirk, Maryland, today to 16 months in federal prison, followed by two years of supervised release, for a tax evasion charge. Finn is a former Lieutenant with the Prince George¡¯s County Police Department and owned and operated Edward Finn Inc. (EFI), a private company. Judge Boardman also ordered Finn to pay restitution in the full amount of the loss, $367,765.

The Coronavirus Aid, Relief, and Economic Security (CARES) Act makes it easier for you to access your savings in individual retirement arrangements (IRAs) and workplace retirement plans if you¡¯re affected by the coronavirus. This relief provides favorable tax treatment for certain withdrawals from retirement plans and IRAs, including expanded loan options.

Find answers to frequently asked questions about Foreign Account Tax Compliance (FATCA).

If you are self-employed, you calculate your self-employment tax using the amount of your net earnings from self-employment and following the instructions on Schedule SE. However, you must make adjustments to your net earnings to arrive at your plan compensation.