IRS gears up for big audit year

The Internal Revenue Service (IRS) recently hired hundreds of new agents. The move is predicted to signal a surge in audits in coming years and a recent congressional bill supports this concern. The bill is a bipartisan infrastructure investment plan that, if passed,...

Where is “home” when it comes to my taxes?

Taxpayers generally have to pay taxes to at least two authorities: the Internal Revenue Service (IRS) for their federal tax obligations and state authorities for whichever state they call home. But what is home? Why does the definition of “home” even matter? To put it...