Tax

The American Institute of CPAs has written a letter to the Internal Revenue Service requesting more flexibility for businesses that needed to get rid of extra inventory during the COVID-19 pandemic.

The service is alerting practitioners about some of the warning signals of taxpayer identity theft.

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

Advisors share a tax trick that allows professionals to build seven-figure retirement plans.

The Internal Revenue Service is giving employers more leeway in claiming the Work Opportunity Tax Credit to hire people in underprivileged areas who face significant obstacles to employment for jobs in summer youth and community programs.

What's the best way to package and price the value practitioners added in 2021?

As they struggle with an affordable housing crunch, policymakers are looking at targeting the empty homes of the wealthy.

36 million taxpayers should start seeing their second CTC payments today, though the IRS had some caveats.

Clients can begin planning now for potentially higher tax rates.

Taking care of it; inconvenient truths; lies cost extra; and other highlights of recent tax cases.