Disguised sale of a QOZ partnership interest
The tax benefits of qualified opportunity zone (QOZ) investments have attracted a wide array of participants into the program. Several...
US estate tax: Not just for US citizens
Dec 4, 2023
The U.S. tax system is based on a citizenship model rather than a residency model, so its reach is potentially...
Social Security Wage Base, COLA Set for 2024
Nov 30, 2023
Individual taxable earnings of up to $168,600 annually will be subject to Social Security tax in 2024, the Social Security...
Clean-vehicle Buyers can Transfer Tax Credits to Reduce Purchase Price
Nov 23, 2023
Buyers of eligible clean vehicles can transfer Sec. 30D or Sec. 25E credits to a registered dealer in return for a...
Did You Resell a Taylor Swift Ticket? Expect a Form 1099-K
Nov 20, 2023
Taylor Swift fans forked out an average $2,183 for a resold ticket to a concert on the superstar’s The Eras Tour, according to...
Recent Posts
- IRS Raises Standard Mileage Rates for Remainder of 2026 July 27, 2026
- Roth IRAs: 6 Scenarios to Consider Before a Conversion July 23, 2026
- IRS Offers Gift Tax Safe Harbor for Contributions to Trump Accounts July 16, 2026
- Taxpayers Advised They Can Ignore CP53E Notice — After Verifying Error May 18, 2026
- IRS Finalizes Deduction Rules for Tips, Adds Eligible Jobs April 20, 2026