When disaster strikes a condominium or planned community, owners often pay for common-area repairs — but don’t always get the ...

Once rarely imposed, transfer pricing penalties are now a routine feature of IRS examinations, making the quality of transfer ...

Artificial intelligence may incrementally become a product’s component until it crosses a threshold into being a digital ...

Members of the AICPA Tax Practice Management Committee share their strategies for addressing staff stress and burnout, ...

Taxpayers who are not C corporations and who are not insolvent or bankrupt can elect to exclude cancellation–of–debt (COD) income resulting from the discharge of qualified real property business debt ...

Editor: Mary Van Leuven, J.D., LL.M. A critical milestone in the QOZ program looms at the end of 2026: QOF investors’ gain deferral holiday is coming to an end, and the tax bill will soon come due.

Editor: Mary Van Leuven, J.D., LL.M. The law known as the One Big Beautiful Bill Act (OBBBA), H.R. 1, P.L. 119–21, made permanent the deduction limitation of 60% of adjusted gross income (AGI) that ...

July 4, 2026, is the 250th anniversary of the adoption of the Declaration of Independence by the Continental Congress composed of 56 members representing the 13 colonies. One of numerous “injuries and ...

When disaster strikes a condominium or planned community, owners often pay for common-area repairs — but don’t always get the casualty loss deduction they expect. This article addresses when ...

The Tax Court held that the owner of a disregarded entity had no basis in a promissory note that the disregarded entity received from the owner and then contributed to a newly formed partnership in ...