Tax code

The leaders of the biggest Western economies are expected to endorse a plan that focuses on super-wealthy individuals and businesses.

Unfairness in the Tax Code; implementing inclusion; the stimulus and 2021 returns; and other highlights from our favorite tax bloggers.

States that pass tax cuts to conform with recent federal tax changes won’t run afoul of a rule that says states can’t use federal stimulus funding to pay for cuts.

More than a half century after Lyndon Johnson’s war on poverty, the new administration plans a mass expansion of government spending and a revamp of the Tax Code.

To delay or not delay; three questions about a digital tax; nonprofits and theft; and other highlights from our favorite tax bloggers.

The Tax Court added its voice to the dilemma facing many taxpayers working remotely due to the pandemic.

Tax professionals share the strangest misconceptions their clients have about taxes.

Sen. Ron Wyden, D-Oregon, who is chairing the Senate Finance Committee now that Democrats have won control of the Senate, described some of his policy priorities, including the tax area where his committee has oversight.

Highly paid college sports coaches and hospital executives are among the nonprofit employees the Internal Revenue Service is targeting in the final version of a tax-law regulation.

The library includes the Internal Revenue Code; rules for accountants and others practicing before the IRS; proposed, final and temporary regs; IRS guidance and private rulings; and much more.

A client of mine recently asked me what I thought was the best organizational structure for a small business, especially related to the tax issues.

Deductions for haircuts, consulting fee write-offs, a family estate that is treated as a business property and an aggressive refund claim could open President Donald Trump to legal risks once he’s out of office.

Crypto help wanted; PPP and R&D; SEO tips; and other highlights from our favorite tax bloggers.

Most tax practitioners and real estate investors are aware of the depreciation-related changes to the tax code in recent years. However, because of the rapid changes to these rules, many people are less aware of the interactions between these provisions.

Section 355 of the Internal Revenue Code provides a powerful tool in corporate restructurings.

The limitation on net operating losses under the 2017 tax reform were mostly reversed in the stimulus package in March, but there are some complexities to keep in mind.

A little-used part of the U.S. tax code allows foundations to use some of their endowments as “program-related investments.”

To better understand how the U.S. tax rules apply to virtual currency, one can view the many technical issues that arise as answering one of four questions.

Research credits could look very different for some companies in 2020 compared to other years.

The Internal Revenue Service guidance caused some consternation among some small businesses and tax experts.