Starting next year, millions of eligible taxpayers can submit federal and state taxes at no cost OAKLAND – California Attorney General Rob Bonta today joined a coalition of 18 attorneys general in submitting a comment letter to U.S. Treasury Secretary Janet Yellen expressing strong support for the Internal Revenue Service’s (IRS) Direct File pilot program. The pilot program will allow eligible taxpayers to file their 2023 federal taxes directly with the IRS for…
Tag: Tax
National honor for Jones Walker tax attorney | Business News
Dr. Deiadra Garrett has been selected as a member of the Committee of 100 for Economic Development. Garrett is a pediatric general surgeon at Our Lady of Lourdes Women’s and Children’s Hospital. She earned her medical degree from the University of Pittsburgh School of Medicine and a doctorate in genetics from LSU Health Sciences Center in…
Firm Expands Business Practice With Addition of Senior Tax Attorney
Plunkett Cooney, one of the Midwest’s oldest and most accomplished law firms, recently expanded its business law department with the addition of senior tax attorney Joseph A. Peterson. A member of the firm’s Bloomfield Hills office, Peterson serves as Plunkett Cooney’s Tax Law Practice Group Leader. His practice is primarily focused on the resolution of…
Attorney General Bonta Announces Guilty Plea in Bay Area Restaurant Tax Evasion …
SACRAMENTO – California Attorney General Rob Bonta today, along with the California Department of Tax and Fee Administration (CDTFA), Employment Development Department (EDD), and the Department of Industrial Relations (DIR) announced that David Leung, a former Bay Area restaurant owner, pled guilty to eight felony counts for cheating his employees and defrauding the State of California through tax evasion. Leung owned Kome Japanese Seafood Buffet Inc. in Daly…
Spotlight on International Tax and Crypto Attorney Sahel Assar
Our Spotlight series highlights the careers and lives of tax professionals around the world. This week’s Spotlight is on Sahel Assar, the leader of Buchanan, Ingersoll & Rooney’s blockchain and digital asset practice group. Assar, an international tax lawyer, has represented families and entrepreneurs in Europe, the Middle East, and Asia with US connections. She…
Hunter Biden sues IRS over tax disclosures, DOJ gun case moves ahead
Hunter Biden, son of U.S. President Joe Biden, departs federal court after a plea hearing on two misdemeanor charges of willfully failing to pay income taxes in Wilmington, Delaware, July 26, 2023. Jonathan Ernst | Reuters Hunter Biden filed a lawsuit Monday accusing IRS agents of “repeatedly and intentionally” publicly sharing his private tax return…
Tax services fuel RIA growth, Fidelity survey shows
After registered investment advisory firms’ assets under management and growth took a hit last year, tax planning and other expanded services could ramp their business back up to speed. In the latest case for branching into areas that are traditionally beyond the services offered by financial advisors, Fidelity Investments’ 2023 RIA Benchmarking Survey showed that…
Washington defends challenge to two-year-old state capital gains tax
The state of Washington filed a brief with the U.S. Supreme Court in an ongoing battle to defend the capital gains excise tax lawmakers approved in 2021. In Quinn v. Washington, the plaintiff, Chris Quinn, has asked the high court to review its case and overturn the Washington State Supreme Court’s 7-2 March ruling that upheld…