Tax code

While other parts of the Tax Code are updated routinely, the passive activity threshold has stayed frozen in time, punishing hardworking Americans.

The limits of DOGE; big pharma and the TCJA; soda tax misaimed; and other highlights from our favorite tax bloggers.

As we enter the beginning of 2025, bonus depreciation continues to leverage down as more portions of the Tax Cuts and Jobs Act expire.

Trump's tax policy guy; states copy the feds; what's in a name; and other highlights from our favorite tax bloggers. 

The unchanged tax code; AI hype; M&A promise; and other highlights from our favorite tax bloggers.

While large companies can afford not to currently expense research and development costs, but many small companies can't, say experts.

AitM; IRS strategies after Chevron; the taxman's jackpot; and other highlights from our favorite tax bloggers.

The Internal Revenue Service and the Treasury Department issued guidance answering questions related to educational assistance programs.

The timing of restructuring will be critical, though, thanks to its significant tax implications.

Our confusing Tax Code; IRS mail problems; disaster victims' deadline; and other highlights from our favorite tax bloggers.

R&D amortization requirements are becoming a major issue for many companies, causing a significant tax burden they may not be able to handle.

Chief obstacles; tax illiteracy; what makes a great preparer; and other highlights from our favorite tax bloggers.

Nuances of VAT; financial gift ideas; welcome, outstanding offenders; and other highlights from our favorite tax bloggers.

The classification of marijuana as a Schedule I controlled substance has put cannabis businesses in a bind as far as federal taxes go, even as more states move to legalize the plant.

The IRS's interim guidance answers many questions but leaves others unaddressed, according to tax experts.

Legislation to extend the 20% deduction for pass-through businesses beyond its expiration date in 2025 is attracting bipartisan support in the House and Senate.

A draft of legislation aims at reducing double taxation for employees and businesses involved in cross-border investment between the two countries

The service offers a wealth of resources that can be enormously useful to tax practitioners.

Leaders of the Finance Committee are seeking input on how to adjust the rules for digital assets.

A pair of senators are reintroducing bipartisan legislation to eliminate gender-specific spousal references in the Tax Code and protect LGBTQ+ Americans from discrimination.