Contributions to Section 530A accounts (also known as Trump Accounts) are now eligible for the gift tax annual exclusion. If, for example, you contribute c...
For many business owners, the terms “repairs” and “improvements” are interchangeable. But the tax implications differ. If your business completes r...
Are you a business owner or self-employed and planning a business trip this summer? As long as the primary purpose of the trip is business, you may be able...
Within the last two years, the IRS’s Criminal Investigation (IRS-CI) division has seen an increase in fraudulent activity targeting elderly taxpayers. In...
The 2026 FIFA World Cup games are underway. They’re being played in the U.S., Canada and Mexico. What many American fans may be surprised to learn is tha...
Simpler tax rules. Better digital tools. Stronger fraud protection. Those are just some of the priorities highlighted in the newly released Electronic Tax ...
Does your child have a paid summer internship? Don’t let him or her forget about taxes. Many interns are surprised to learn that internship stipends or o...
If your C corporation traditionally makes deductible charitable gifts, make sure you know the rules for 2026 donations. Starting Jan. 1, 2026, corporations...
Treasury Secretary Scott Bessent has announced plans to allow child welfare agencies to elect to open Section 530A accounts (also known as “Trump Account...
The Taxpayer Advocate Service is reminding small businesses of an upcoming deadline for filing an amended return to claim a domestic research and experimen...