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New IRS Rule Targets Ticket Resellers and Scalpers

New IRS Rule Targets Ticket Resellers and Scalpers

The 2023 tax returns of those who benefited financially from the resale of sporting event or concert tickets this year may face new scrutiny from the Internal Revenue Service. According to an IRS tax lawyer, the ecommerce-platform tax-reporting threshold was lowered...
TurboTax Settles Lawsuit for $141 Million

TurboTax Settles Lawsuit for $141 Million

The New York Attorney General has stated that TurboTax will be sending approximately $141 million to American taxpayers as part of a court settlement. The agreement was reached last year by Intuit, the parent company of TurboTax, after they were accused of misleading...