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September 8, 2023 — The owner of a Newport Beach-based artificial turf company was sentenced to 15 months in federal prison for failing to report nearly $9 million in income his business earned and for attempting to evade the payment of more than $946,000 in federal income taxes.

Prizes won by contestants at a powwow are taxable.

Sometimes aliens experience significant delays in obtaining social security numbers. The consequences of these delays are discussed below.

Withholding related forms and instructions.

Plan Distributions to Foreign Persons Require Withholding

FATCA items of current interest – new updates, recent guidance and related news.

The IRS will contact the taxpayer (payee) if they fail to report or fully report, on their federal income tax return, the correct amount of interest and dividend income on their federal income tax return.

Information about Form 8899, Notification of Income from Donated Intellectual Property, including recent updates, related forms and instructions on how to file. Charitable organizations use this form to report net income from qualified intellectual property to the donor of the property and to the IRS.

Insights into what types of forms need to be filed based on the types of income being reported, and the rules on backup withholding - when it's applicable and how it's reported.

Forms, publications and information frequently requested by tribal governments.