Tax code

Section 1031 exchanges involving related parties present some of the most complex problems in tax law.

The country's ranking improved somewhat, thanks to the Tax Cuts and Jobs Act.

The legislation would remove language like “husband” and “wife” from the tax code to accommodate same-sex couples and let them claim pre-2013 tax refunds.

The Top 100 Firm based in New York recently began focusing on the burgeoning industry as more states legalize medical and recreational marijuana.

The House Ways and Means Committee unanimously approved a bill to allow same-sex couples who married before the Defense of Marriage Act was struck down by the Supreme Court to claim tax refunds.

A federal appeals court reversed a district court’s judgment, holding that taxpayers could not rely on the common law mailbox rule to show that an amended return had been timely filed in order to claim a tax refund.

It’s tax time for everyone, but for entrepreneurs in the rapidly growing cannabis business, it’s a particular challenge.

The Internal Revenue Service is working on a new study analyzing the 62-year-old rules for corporate spinoffs.

Like-kind exchanges can vary greatly in their complexity. Basic transactions may require little mental horsepower to conduct, but some can be extremely tricky.

Stress and other disasters; federal deductions and income segregation; Olson’s retirement; and other highlights from our favorite tax bloggers.

The lawmaker will take the helm of the panel that oversees three contentious issues: trade, health care and taxes.

These proposed regulations affect taxpayers who deduct depreciation for qualified property acquired and placed in service after Sept. 27, 2017.

The Internal Revenue Service has issued a notice soliciting comments on how to apply a new section of the tax code that was added by the Tax Cuts and Jobs Act pertaining to the unrelated business income taxes for otherwise tax-exempt organizations.

Helping injured vets; donation changes; states conforming to the TCJA; and other highlights from our favorite tax bloggers.

In many cases, the profitable sale of a second home will result in a tax-favored capital gain.

Despite the uptick in interest rates, an improved economy may lead to a resurgence of interest in vacation or second homes.

The tax prep chain is one company that's not happy with the Trump tax cuts.

The agency is waiving some of the late-payment penalties pertaining to the section 965 transition tax on foreign earnings in the new tax law.

The American Institute of CPAs wants additional guidance about Bitcoin taxes.

The National Society of Accountants wants the Internal Revenue Service to provide a six-month extension for businesses to opt to be treated as S corporations for this year, arguing the current deadline of March 15 is too soon to make a decision given the uncertainty surrounding the new tax law.