IRS Whistleblower Program: How Reporting Tax Fraud Can Lead to Rewards National Whistleblower Appreciation Day is July 30. Since the IRS program’s incept...
Making large gifts to your family can significantly reduce the size of your taxable estate. But hard-to-value gifts, such as interests in a closely held bu...
A new bill in the U.S. House would enable philanthropic organizations and states to make unlimited contributions to Sec. 530A accounts (also known as Trump...
Do you have a health savings account (HSA)? If you’re covered by a high-deductible health plan (HDHP) or Bronze or Catastrophic plan available on state a...
A bipartisan tax bill that could improve tax administration and reduce burdens for taxpayers advanced out of the Senate Finance Committee on July 30. The T...
Cryptocurrency holders: Be alert for a new IRS impersonation scam. Fraudsters are mailing fake IRS letters directing recipients to a bogus “Digital A...
Increasing revenue isn’t the only way to strengthen your business’s financial performance. Another option is to take a closer look at operating expense...
Starting a C Corporation? Understand the Impact of Double Taxation Are you thinking of launching a new business as a C corporation? Beware of double taxat...
Charitable Donation Tax Deductions: What You Need to Know for 2026 If you’ve made or plan to make charitable donations this year, keeping complete record...
Divorce can have important IRA tax consequences. If you’re divorced or legally separated by year end, you generally can’t deduct contributions you make...