Many people took up new hobbies during the height of the COVID-19 pandemic, and, for many, their new hobbies proved to be profitable. Making money from any endeavor has tax implications, so those who have newfound sources of income must now be sure to report their income on their federal returns.Read More

IRS Criminal Investigation (IRS CI) recently released its Annual Report for the 2022 fiscal year. As always, IRS CI’s Annual Report highlights some of the agency’s top enforcement priorities—providing important insights for individual and corporate taxpayers alike heading into the New Year.Read More