Tax strategies

In a recent case, the Tax Court addressed the issue of when limited partners may be subject to self-employment tax.

Plus, Expensify adds budgeting capabilities; Corvee to hold AI bootcamp; and other news from the accounting tech world.

Financial advisors and tax professionals serving self-employed and other entrepreneurial clients start with a choice between two methods, then make careful calculations.

Italy's finance police had claimed that the company owed about €779 million after an audit of the tax years from 2017 to 2021.

More working Americans have a health savings account, but many are not using them to their fullest potential.

In this truly last Vendor Spotlight of 2023, we talk to Aaron Jacob, head of accounting solutions at TaxBit.

Key justices suggested the tax, which aimed to collect hundreds of billions of dollars on a one-time basis, wasn't fundamentally different from other levies imposed by Congress over the years.

The case coming before the Supreme Court stems from a 2017 tax law provision that aimed to tax earnings held overseas by big multinational companies.

The annual IRS announcement could affect certain clients seeking to avoid bumping up against higher rates when they file their federal income taxes.

CPAs' real pay; crypto data released; factoring receivables; and other highlights from our favorite tax bloggers.

Many are considering extra hiring to handle the upcoming mandates, according to KPMG.

The IRS's most recent study of how much taxpayers aren't paying suggests some important priorities going forward.

In spite of the lack of new tax legislation so far this year, taxpayers and tax preparers have plenty to focus on in preparing 2023 returns.

Gov. Pritzker's comments follow months of speculation over how Chicago Mayor Brandon Johnson plans to raise revenue to tackle the city's embattled finances.

A former IRS contractor admitted stealing information about the former president and thousands of wealthy Americans and leaking it to two news organizations.

Negotiators presented a legal text that sets out who can levy the profits of the world's biggest corporations in order to prevent a resurgence of trade tensions.

Significant tax and legal issues may be triggered with some types of estate planning arrangements.

Among the items now stalled are a measure to extend federal banking protections to marijuana companies operating in states where the drug is legal and negotiations to restore tax breaks for business spending on research and development.