IRS Commissioner Daniel Werfel speaks during an IRS event on August 2, 2023 in McLean, Virginia.Alex Wong | Getty ImagesThe IRS is sending more than 20,000 rejection letters to taxpayers who wrongly claimed a pandemic-era tax break as the agency continues its crackdown...
David Solomon, Chairman and CEO, Goldman Sachs, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in Beverly Hills, California.Michael Kovac | Getty Images Entertainment | Getty ImagesApple has given Goldman...
IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023.Kevin Lamarque | ReutersAs the IRS pauses on processing new claims for a pandemic-era small business tax break, some filers are in limbo as the agency works on further guidance.The...
The Good Brigade | Digitalvision | Getty ImagesMore from Year-End PlanningHere's a look at more coverage on what to do finance-wise as the end of the year approaches:"This is a game-changer," said Eric Hylton, national director of compliance for Alliantgroup, a firm that...
Rep. Jason Smith, R-Mo., speaks during a House Oversight and Accountability Committee impeachment inquiry hearing into U.S. President Joe Biden on Sept. 28, 2023.Jonathan Ernst | ReutersHouse Republicans are pressing the IRS for answers after the agency paused processing new claims for a...
Fabrice Coffrini | Afp | Getty ImagesUBS on Wednesday began selling Additional Tier 1 (AT1) bonds — which were at the heart of controversy during its emergency rescue of Credit Suisse — for the first time since completing the takeover.The Swiss banking giant...