Tax Updates

The maximum contribution to a health savings account (HSA) and certain related benchmarks will again be sharply higher next year....

The Tax Court held that a housing accommodation provided to an employee did not meet the conditions for exclusion from...

As it does each year, the IRS issued updates to certain procedural matters, in Rev. Procs. 2022-1, 2022-2, and 2022-3. The first one...

As it does each year, the IRS issued updates to certain procedural matters, in Rev. Procs. 2022-1, 2022-2, and 2022-3....

The Tax Court approved the IRS’s application of the bank deposits method to establish the amount of a taxpayer’s additional...