IRS reduces user fee for estate tax closing letters
The IRS issued interim final and proposed regulations Friday (T.D. 10031 and REG-107459-24) lowering the user fee for the Service to issue...
Deduction for Theft Loss and Legal Fees Denied
Jun 2, 2025
The taxpayer failed to substantiate that a theft occurred or, if it did, its tax year of discovery for his...
The Home Sale Gain Exclusion in Today’s Market
May 29, 2025
With the recent surge in home prices, it’s time for advisers to brush up on this valuable tax exclusion. Sec....
Tax planning for physicians
May 23, 2025
Tax planning is a crucial aspect of wealth management, particularly for high-income professionals such as physicians. Many physicians, whether they...
Lower Auto Depreciation Limits Issued for First Time in at Least 3 Years
Mar 13, 2025
For the first time in at least three years, the IRS issued lower depreciation limitations for passenger automobiles. These limits...
Recent Posts
- IRS reduces user fee for estate tax closing letters June 6, 2025
- Deduction for Theft Loss and Legal Fees Denied June 2, 2025
- The Home Sale Gain Exclusion in Today’s Market May 29, 2025
- Tax planning for physicians May 23, 2025
- Lower Auto Depreciation Limits Issued for First Time in at Least 3 Years March 13, 2025