High costs of long-term care necessitate discussions with clients of strategies to most effectively cover this contingency.

U.S. persons abroad and foreign persons living in or with connections to the United States may have responsibilities for ...

This powerful vehicle for excluding gain on qualified small business stock gains even more traction under new legislation.

Firms can follow these guidelines to position themselves as the trusted advisers clients need to navigate the many tax law ...

Only deductible W-2 wages are included in calculating a taxpayer’s Sec. 199A qualified business income deduction.

For the right client, these plans can build substantial retirement wealth quickly while offering tax advantages.

Proposed regulations would provide permanent relief from certain reporting requirements related to sales or exchanges of ...

The Tax Court held that taxpayers were not entitled to a Sec. 30D credit in 2019 for a qualified plug – in electric drive vehicle that they purchased and began to use in 2013.

2025 tax software survey AICPA members in tax practice assess how their return preparation software performed during tax season and offer insights into their procedures.

The notice provides an optional interim simplified method of determining whether a corporation is an applicable corporation for purposes of the corporate AMT and relief from the Sec. 6655 penalty for ...