The IRS has issued proposed regs on the Federal Scholarship Tax Credit (FSTC). The guidance clarifies how to claim the credit for qualified cash contributi...
Most businesses experience cash-flow fluctuations, but the swings can be especially intense for seasonal businesses. Revenue may rise sharply during busy...
If your estate plan includes gifts, bequests or other transfers to grandchildren, great- grandchildren or other beneficiaries decades younger than you, th...
The IRS has announced penalty relief for remittance transfer providers responsible for collecting a new 1% excise tax. These providers must collect the t...
The IRS has replaced IRS2Go with a new mobile app that expands the agency’s digital services and gives taxpayers secure access to more account informat...
As year-end approaches, your business might want to review opportunities to deduct expenses in light of recent tax law. Most entertainment expenses, for ...
Professional — and now college — athletes could face unexpected tax bills if they don’t plan carefully. Multistate taxation used to be an issue onl...
Farmers and farmland owners may have a new way to manage the tax impact of certain property sales. The IRS has issued proposed regulations on an election...
New temporary IRS regs address auto enrollment and contributions to Section 530A (or Trump) accounts. On or around Oct. 1, 2026, the U.S. Treasury Dept. ...
The “one-rollover-per-year” rule limits retirement account holders to one indirect IRA-to-IRA rollover within a 12-month period. “Indirect” means...
