Tax

Clients with concentrated stock holdings might be better off turning their portfolios into ETFs in a tax deferral transaction called a Section 351 conversion.

Back-to-school haircuts; two revenue books; voluntary surrender; and other highlights of recent tax cases.

The Internal Revenue Service has raised the optional 2026 standard mileage rates for deducting expenses for the remainder of the year thanks to inflation.

Blanche said he didn't know who at the Justice Department wrote the language providing immunity from tax audits, though he signed the agreement approving it.

High‑stakes civil action; explainable AI; productivity partners; and other highlights from our favorite tax bloggers.

Central organizations at nonprofits with local affiliates are now required to file a new form with the IRS to maintain their tax-exempt status.

Taxpayers and tax pros have already dealt with many changes from the One Big Beautiful Bill Act on 2025 returns, but many provisions will be effective for the first time in 2026.

The National Taxpayers Union Foundation's Taxpayer Defense Center filed a lawsuit seeking to end the collection of donor information from nonprofits.

A federal judge ruled that President Donald Trump's lawsuit against the Internal Revenue Service was a "bad faith" attempt to manipulate the judicial process.

AI tools cannot be the preparer of a tax position. They cannot be subject to Circular 230, defend a study under exam or be professionally disciplined.