Sec. 965 transition tax: Installment payments causing processing errors
The IRS has seemed to struggle from the outset of the Sec. 965 transition tax to develop workable administrative procedures...
Tax fraud and bankruptcy dischargeability
Sep 1, 2023
The federal laws governing bankruptcy and taxation often intersect, although their makeup, effectiveness, and interpretation are significantly impacted by distinct...
The new 529 rollover to Roth IRA
Aug 30, 2023
Under SECURE 2.0, it will soon be possible to perform a rollover from a 529 educational savings plan to a...
Penalty for underpayment of estimated corporate AMT waived for 2023
Aug 15, 2023
The IRS on Wednesday issued Notice 2023-42, which grants penalty relief for corporations that did not pay estimated tax in connection...
10 estate and income tax questions – 10
Aug 10, 2023
10. What type of planning should there be for an illiquid estate? (more…)
Recent Posts
- IRS Finalizes Deduction Rules for Tips, Adds Eligible Jobs April 20, 2026
- IRS Dirty Dozen Adds New Capital Gains Scheme for 2026 April 16, 2026
- New Schedule 1-A for Tips, OT, Car Loans, and Senior Deductions Published March 12, 2026
- IRS Issues Higher 2026 Depreciation Limits for Passenger Automobiles March 9, 2026
- Practical Tax Advice for Businesses as a Result of the OBBBA – 7 February 16, 2026