Tax code

The billions in student loan debt forgiveness announced by the Biden Administration will be exempt from federal taxation but could be taxable at the state level in more than a dozen states — a hiccup many states are expected to quickly handle.

Draft of the new 1040; the rich get caught, too; how to speak accounting; and other highlights from our favorite tax bloggers.

R&D amortization; FAQs’ limits; ‘tax’ by any other name; and other highlights from our favorite tax bloggers.

Musk is using a strategy favored by many billionaires — borrowing against highly appreciated stock to get cash without having to sell.

Math error not in your favor; TIN matching; worst-written notices; and other highlights from our favorite tax bloggers.

IRS site not as popular; marketing’s place in talent acquisition; new blog; and other highlights from our favorite tax bloggers.

Rep. Bill Pascrell is looking at coach compensation information to see if their large salaries run afoul of the schools’ tax-exempt status.

House Ways and Means Oversight Subcommittee chairman Bill Pascrell, D-New Jersey, is asking the Treasury Department to curb the use of irrevocable grantor trusts by wealthy families to avoid taxes.

Congress is asking questions about the high salaries paid to college football coaches at some top schools that receive tax exemptions from the Internal Revenue Service.

Here’s how to save clients money while staying off the IRS ‘Dirty Dozen’ list.

The biz climate in all 50; extend them not; when partners won’t commit; and other highlights from our favorite tax bloggers.

Practitioners can serve medical workers well by encouraging them to take the necessary time to establish a long-term tax plan.

Practices’ problems, by firm size; remote tax obligations for services; hammering the basics; and other highlights from our favorite tax bloggers.

Here are some tips for accounting firms to advise their clients and internal teams to invest in employee wellness.

The Internal Revenue Service’s Office of Chief Counsel is spelling out new requirements for information from companies submitting claims for research credit tax refunds to prove they’re valid.

That regulation question; ARP can’t enforce tax cuts; email protection; and other highlights from our favorite tax bloggers.

The institute is asking Congress to expand the deduction to include accounting firms and other businesses excluded under the Tax Cuts and Jobs Act.

The Biden administration’s tax proposals could have a negative impact on real estate investing.

The justices declined to hear a case from a group of Colorado dispensaries challenging the service's ability to investigate them.

A new holiday; VAT questions; give parents credit; and other highlights from our favorite tax bloggers.