Industries

California can be pretty aggressive when it comes to collecting taxes.

Not only does the cost of demolition increase the value of the land, but also the remaining basis of the building must be added to the land value at the time of demolition.

The Internal Revenue Service is reminding taxpayers about a change under the new tax law that limits exchanges of property.

Federal and state governments are not yet “on the same page” with respect to all aspects of the tax and legal treatment of marijuana.

States need to consider a wide range of factors in looking to set tax rates on legalized pot sales.

Election day tax choices; 199A decisions; data mining; and other highlights from our favorite tax bloggers.

When contemplating a 1031 exchange, one of the most commonly overlooked issues by investors is state taxation.

The tax law gave a last-minute windfall to commercial property owners such as President Donald Trump. But regulations proposed by the Internal Revenue Service could diminish the benefit.

A dispensary owner becomes the first person sentenced for marijuana-related tax crimes.