The Inflation Reduction Act’s energy- and climate-related tax provisions
The Inflation Reduction Act of 2022, P.L. 117-169, represents a monumental and unprecedented investment in the adoption and expansion of...
Taxpayers can now submit information online in response to 9 IRS notices
Feb 27, 2023
Taxpayers and tax practitioners can now submit information online in response to nine notices rather than mailing the information, in...
Taxpayer’s charitable deduction for artwork donation denied
Feb 24, 2023
The Tax Court denied an art collector and dealer’s claimed charitable deduction for donated artwork because, it held, the taxpayer...
Taxpayers can exclude certain 2022 state payments from federal returns
Feb 15, 2023
Days after instructing taxpayers in certain states to delay filing their 2022 federal tax returns if they received state general...
Taxpayer marital status and the QBI deduction
Feb 10, 2023
The law known as the Tax Cuts and Jobs Act (TCJA),1 enacted in 2017, made significant changes to the corporate and...
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