Investors must be careful to properly time purchases and sales of mutual fund shares to avoid unfavorable income recognition ...
This first column in a “When the Numbers Don’t Add Up” series explores what it means to lead from inside the pressure cooker.
Advisers can help clients take advantage of the higher deduction limit for state and local taxes while managing its income ...
Financial concerns of expatriating taxpayers include not only US taxes but also the relevant laws of the destination country.
Considerations in accounting for income taxes can include choice of method and classification of assets and liabilities.
This update surveys recent federal tax developments involving individuals, including court cases, rulings, and guidance ...
State conformity or decoupling from Sec. 174 and new Sec. 174A, enacted by the law known as the One Big Beautiful Bill Act, ...
Critical issues include marking returns as final, determining due dates for final returns, filing Form 966, closing IRS ...
A marijuana dispensary’s expenses not deductible under Sec. 280E are not taken into account in calculating its reasonable ...
In the new zones, business property can become qualified if improvements increase its basis by 50%, rather than the otherwise ...
This update surveys recent federal tax developments involving individuals, including court cases, rulings, and guidance ...
Families with significant estate tax exposure may consider intergenerational split-dollar (IGSD) arrangements, where the ...