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October 2017

IRS exam staffing falls; audit coverage declines

IRS Exam staffing in fiscal year (FY) 2016, the latest tax year with statistics available, reached a Read more [...]

Congressional tax writers set to take up reform proposals

Tax writers in Congress are set to begin debating and writing tax reform legislation. On September 27, Read more [...]

Disaster tax relief unveiled in Congress

As millions of Americans recover from Hurricanes Harvey, Irma and Maria, Congress is debating disaster Read more [...]

October 2017 tax compliance calendar

As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting Read more [...]

September 2017

Don’t overlook child-related deductions and credits

Parents incur a variety of expenses associated with children. As a general rule, personal expenditures Read more [...]

Disaster relief, tax reform on Congress’ September agenda

As lawmakers return to work after their August recess, Hurricane Harvey has increased expectations on Read more [...]

September 2017 tax compliance calendar

As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting Read more [...]

August 2017

Rules for managing tax basis on stock sales worth a look

A recent Tax Court decision and pending tax reform proposals have intersected in highlighting how stock Read more [...]

IRS continues campaign against worker misclassification

The IRS remains focused on an issue that doesn’t seem to be going away: the misclassification of workers Read more [...]

Tax reform discussions continue in Congress on variety of approaches

House and Senate lawmakers have started their August recess, leaving pending tax legislation for after Read more [...]

August 2017 tax compliance calendar

As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting Read more [...]

July 2017

What’s next for IRS/Treasury regulations in response to Executive Orders?

With the release of regulations on centralized partnership audits, many taxpayers hope that it will Read more [...]

Centralized partnership audit rules finally released; impacts all partnerships

The much-anticipated regulations (REG-136118-15) implementing the new centralized partnership audit regime Read more [...]

Lawmakers continue tax reform debate and discussions

Lawmakers from both parties spent much of June debating and discussing tax reform, but without giving Read more [...]

July 2017 tax compliance calendar

As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting Read more [...]

June 2017

FAQ: What are passive losses?

Individuals, trusts, estates, personal service corporations and closely held C corporations may only Read more [...]

How do I? Safeguard tax benefits against natural disasters

As “hurricane season” officially begins, the IRS has released a number a tax tips, reminders Read more [...]

Business meals and entertainment: how to maximize tax deductions

Many businesses consider the occasional wining and dining of customers and clients just to stay in Read more [...]

Trump’s FY 2018 budget outlines tax reform proposals

Since taking office in January, President Trump has called for comprehensive tax reform. The President’s Read more [...]

Debate over health care and taxes moves to Senate

The future of the Affordable Care Act and its associated taxes has moved to the Senate following passage Read more [...]

June 2017 tax compliance calendar

As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting Read more [...]

May 2017

Filing season ends with no red flags

The IRS processed more than 128 million returns and issued some 97 million refunds without hitting Read more [...]

Treasury to review/re-evaluate tax regulations

The Treasury Department is to undertake a review and re-evaluation of tax regulations issued by the IRS Read more [...]

White House calls for significant tax cuts and other tax reforms

President Trump on April 26th, just before his “100 days” in office, unveiled his highly-anticipated Read more [...]

May 2017 tax compliance calendar

As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting Read more [...]
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