House Republicans are actively discussing raising the state and local tax (SALT) deduction cap, with support from President Donald Trump...

The capital gains tax has long been a topic of debate due to its potential to stifle innovation, economic progress, and retirement...

House Republicans from high-tax states such as New York, California, and New Jersey are urging adjustments to the state and local tax...

With the contentious 2024 elections concluded, attention now turns to President-elect Donald Trump’s economic and tax agenda. With...

As businesses navigate a rapidly changing landscape influenced by shifting political forces, advancements in artificial intelligence...

With the provisions of the Tax Cuts and Jobs Act (TCJA) set to expire in just over a year, taxpayers and tax professionals are closely...

The retirement landscape is rapidly changing with new rules and tax laws impacting retirement account contributions and withdrawals....

As the January 1, 2025, deadline for Beneficial Ownership Information (BOI) reporting approaches for entities formed before January 1,...

The Internal Revenue Service (IRS) is intensifying its scrutiny of large partnerships, leveraging additional funding provided by the...

The Employee Retention Credit (ERC) program was initially established to help businesses retain employees during pandemic shutdowns....

The IRS has officially ended any remaining hope of revising its new guidelines for inherited individual retirement accounts (IRAs),...

The unexpected replacement of the Democratic presidential candidate less than four months before the U.S. election has introduced...

In its second significant tax policy case this term, the Supreme Court is tackling a complex issue concerning the valuation of life...

We're in an era termed the Great Wealth Transfer, with Baby Boomers set to pass an estimated $84 trillion to younger generations by 2045,...

The rise of remote working, accelerated by the COVID-19 pandemic, has fundamentally altered how businesses operate, prompting a...

On January 8th, 2024, Robin Hayes, CEO of JetBlue Airways, announced his resignation from the role after approximately nine years of...

The Internal Revenue Service (IRS) and the Treasury Department have recently announced their plan to propose new regulations concerning...

Estate planning is often postponed until it's too late, despite changes in tax laws or potential lawsuits. Procrastination can lead to...

In a significant bipartisan move, U.S. lawmakers, spearheaded by Senator Ron Wyden (D., Ore.) and Representative Jason Smith (R., Mo.),...

The Internal Revenue Service (IRS) has initiated a voluntary disclosure program targeting businesses that erroneously claimed the...