Tax

It is not uncommon for taxpayers, and even some tax professionals, to assume that the examination process begins when the Tax Compliance Officer or Revenue Agent sends the first notice to the taxpayer. However, this is not the case.

The IRS forms partnerships with a wide variety of organizations across the country to develop TCE programs. Community partners include non-profit agencies, faith-based organizations and community centers.

As you know, the Tax Cuts and Jobs Act (TCJA) was signed into law in 2017. Most of the measures were effective beginning in tax year 2018, and many individual measures contain a sunset date at the end of 2025. Here’s a summary of the TCJA provisions ...

When it comes to passive vs. active income concerns, you should be ready to advise which structure makes the most sense for them and offers the best tax advantages.

More than 90% of all data thefts begin with an email phishing scam. The IRS, state tax agencies and the nation’s tax industry – working together as the Security Summit – warned people to watch out for phishing scams during the busy holiday shopping ...

Find out how the recovery period for certain farm property has been shortened and about the alternative depreciation system for farming businesses. For more information, go to https://www.irs.gov/pub225.

With 2019 about to come to a close, and businesses still adapting to legislative and regulatory changes from the Tax Cuts and Jobs Act (TCJA), several tax planning opportunities are still available to help reduce a business’s tax burden.

Bell’s arrival comes in tandem with a refined product vision, led by Larry Furr who joined as Canopy’s vice president of product earlier this year. After listening to the needs of its thousands of customers across the country, the company is focusing ...