Opinion: Practitioners should be aware of a recent Tax Court ruling because the years under which the Tax Equity and Fiscal ...

Direct File won’t be available anymore to do your taxes next year. Here’s what that means once the tax filing season opens in ...

As December approaches, the countdown to the end of the year means more than just holiday shopping and party plans. It’s also ...

Founders must address these gaps not merely as a matter of prudence but also as essential aspects that impact long-term ...

A Section 1031 like-kind exchange is an Internal Revenue Code provision that allows a person to not pay tax on a gain when selling real property to reinvest in real property of equal or greater value.

A fraudulent return cannot be fixed by submitting an amended return after the filer commits fraud, which means the best ...

WASHINGTON (AP) — IRS Direct File, the electronic system for filing tax returns for free, will not be offered next year, the ...

Under the S-Corp classification, an owner-operator must be paid a “reasonable salary” through W-2 payroll and this salary is ...

This conflict could already be seen with the pilot program. According to a report by an Inspector General, the IRS’s Direct File software failed to list certain education tax credits that filers could ...

The IRS recently announced some changes to standard deductions and tax brackets. It's important to understand the new tax rules so you don't pay more to the IRS than you need to. In the U.S., ...