Receiving a letter from the IRS is a frightening experience, especially when you know you owe them money. You know that the IRS does not...

If you have a business with independent contractors, it is important to be aware of a recent reporting change that the IRS has...

One of the biggest tax issues of 2020 has been clarified with the signing of the Consolidated Appropriations Act, 2021, (CAA 2021), and...

ABLE (Achieving a Better Life Experience) accounts are for eligible individuals with a disability – they are tax-favored savings accounts...

At this point, most people have heard about relief measures the government has enacted in the wake of the Coronavirus pandemic, but there...

Who doesn't want to take advantage of all the legally permitted tax saving opportunities? Here are nine tips to consider taking action on...

The U.S. Treasury and the IRS recently released final regulations under Section 163(j) of the Tax Code, which relates to limitations on...

In light of cryptocurrency becoming a valuable commodity, the IRS has issued guidance on the reporting requirements associated with the...