IRS

Legal Beat

Avenatti sentenced to 2 1/2 years in prison for extortion

A tearful, repentant Michael Avenatti, the brash lawyer who once represented Stormy Daniels in lawsuits against President Donald Trump, was sentenced Thursday to 2 1/2 years in prison for trying to extort up to $25 million from Nike by threatening the company with bad publicity. Avenatti, 50, rose to prominence by sparring publicly with Trump,

Opinion

Opinion: IRS Says Biblical Teaching is Republican

In terms of popularity with the American people, the Internal Revenue Service (IRS) probably ranks somewhere between rush hour traffic and dysentery and only slightly above being stuck in rush hour traffic while experiencing dysentery. Just when you think the task of collecting taxes could not be more unpopular, the IRS found a way. In

Opinion

Opinion: This Tax Day, Lower Rates and Simplify the Code

Even though April 15 has come and gone, Tax Day is finally here. And now, more than three years after the passage of the Tax Cuts and Jobs Act, the vast majority of Americans continue to reap the economic benefits of tax reform. Estimates suggest 90 percent of taxpayers got a break on their taxes. Reduced business

Taxes

Death, taxes and April 15? Maybe not. Tax filing dates shift in 2021

The IRS this month extended the tax-filing deadline to May 17 to allow for complications from COVID-19, but in Arizona the due date remains April 15 – for now. The Legislature is moving toward an extension, but final approval for that move may not come until next week, just days before state taxes would be

Taxes

IRS Free File available; claim Recovery Rebate Credit and other tax credits

IRS Free File – online tax preparation products available at no charge – launched today, giving taxpayers an early opportunity to claim credits like the Recovery Rebate Credit and other deductions, the Internal Revenue Service announced. Leading tax software providers make their online products available for free as part of a 19-year partnership with the

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