President Donald Trump recently met with Republican lawmakers to outline his tax policy goals for the year, including potential changes...

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...

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...

Executives are facing uncertainty over how the November election could impact their investment and growth strategies, with the corporate...

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...

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

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

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...

The U.S. Supreme Court's review of a significant tax case raises questions about the constitutionality of a wealth tax on America's...

The Internal Revenue Service (IRS) is working to overcome numerous challenges, a task that the extra funding from the Inflation Reduction...

Starting January 1, 2024, the Internal Revenue Service (IRS) mandates that businesses electronically file Form 8300, which reports any...