IRS Puts ‘Jaundiced Eye’ on MBAs
SMITH BRAIN TRUST — A recent tax court overruling of the Internal Revenue Service marks “a big win for all MBA students” — according to a Wall Street Journal source in a report further stating that the case "shoul
How the IRS Smokes Pot Clinics
SMITH BRAIN TRUST — Maryland will award its first batch of medical marijuana licenses by the end of July.
TerpTax Students Serve Community, Build Expertise
For a second year in a row, TerpTax “made a big impact” on the campus and local community, say its organizers. The program’s 70-plus student volunteers from the University of Maryland’s Robert H. Smith School of Business prepared tax returns yielding about $200,000 in federal refunds collectively for more than 300 UMD students, staff members and off-campus community members.
You Say 'Employee,' They Say 'Contractor'
In some places, they're called 1099'ers, after the tax form on which their income is reported: People who do work for a corporation but are classified as independent contractors.
The Road Not Taken: Yahoo's Huge Tax Gamble
SMITH BRAIN TRUST — Yahoo announced on Wednesday that it was reversing course on a plan to spin off its stake in the Chinese e-commerce company Alibaba — shares worth more than $30 billion.
Tesla, the IRS and the Future of Cryptocurrency
We know one thing about Elon Musk's personal tax filing for 2020. And it says a lot about the IRS and its priorities.
Why File Your Tax Return Early?
Hello, tax season. Here are four reasons why early filing is smart filing.
High Time for Changing How Pot Is Taxed?
Fifteen states now have legal medical and recreational pot use, 21 have legal medical use, and just 14 say cannabis is not legal for any reason.
Name that Sector: Poised for Comeback After Two Tough Years
The year 2018 saw a pretty robust economy in the United States. But one sector slid about 1.7%, adjusted for inflation. Any guesses which one?