Tax Strategies

The widow of a country music producer who continued to operate, at a loss, an establishment to encourage songwriters was not able to deduct her losses in excess of her income from the activity.

Bonus depreciation, Section 179, interest and loss limitations—what does it all mean?

The federal tax overhaul put in place by Republicans has produced an unusual show of bipartisanship now that tax season is here: We are a nation united in befuddlement.

Just when banks may have thought they have met all of their fiscal and regulatory obligations for the New Year (including the hotly debated IRS 871(m) requirements governing financial derivatives), yet a new one arises.

The product, called Taxalytics, is powered by Tableau.

Bloomberg Tax released its 2018 Tax & Accounting Outlook, focusing on the Tax Cuts and Jobs Act that Congress passed last month.

President Trump reportedly plans to name Charles Rettig, a California tax attorney, as the next commissioner of the Internal Revenue Service.

New York state lawmakers could punch a $50.6 billion hole in the federal government’s budget by revamping their state income tax.

The first few months of 2018 are a critical time for tax, legal and accounting advisors to speak with business clients regarding how the new tax law will affect their cash flow.

The Internal Revenue Service has revised the streamlined application form for groups that are applying for tax-exempt status.