Income Tax
Latest News
FASB Seeks Comment on Financial KPIs
N.Y. Congressman Requests Trump’s Support For Tax Cap Elimination
AICPA News – Nov. 2024
Chicago Aldermen Give Mayor Brandon Johnson’s $300M Property Tax Plan the Boot
Donor-Advised Funds Offer a Charitable Way to Harvest a Tax Break
The number of DAFs has nearly tripled to 1.3 million since Congress approved the Tax Cuts and Jobs Act in 2017.
How to Choose an Offshore Tax Partner
Before you jump in and start researching accounting offshoring partners, a few areas need to be understood.
Treasury Releases Labor Rules for Clean Energy Tax Credits
The Inflation Reduction Act invests $369 billion toward tackling climate change through clean energy initiatives.
As FTX Burned, Lawmakers Said to Be Dithering Over Regulator
The central debate about regulation of cryptocurrencies is whether they are securities or commodities.
The Tax Blotter – Nov. 2022
The Tax Blotter is a round-up of recent tax news and rulings.
Home Sale Gain Exclusion When a Taxpayer Remarries
Under Section 121 of the Internal Revenue Code, you may be able to exclude most, if not all, of your gain from tax when you finally sell the home.
Tax Court Imposes Limit on Capital Losses
Notably, you may use a loss to offset a short-term gain realized earlier in the year that would otherwise be taxed at a high ordinary income tax rate.
Helping Special Needs Families Plan Their Financial Futures
Families may have a million questions about their child’s care, education, residence and employment when they reach adulthood.