Certain tax rules and considerations specifically affect undocumented immigrants in the United States and their common ...

This update surveys recent federal tax developments involving individuals, including court cases, rulings, and guidance ...

Clint Costa CPA, J.D., LL.M., Senior Wealth Strategist, Choreo, LLC, discusses three tax insights that CPAs may encounter ...

The Tax Court denied the IRS’s argument that the money, which the sheriff had repaid, was includible in her income as embezzled funds.

The Tax Court denied deduction of a qualified conservation contribution of a façade easement, noting the building lacked a required listing in the National Register of Historic Places.

Cancellation-of-debt income arises in a variety of merger-and-acquisition contexts, often with unclear tax treatment.

Remanufactured “cores,” or used vehicle parts, are essential to the automotive industry but present distinct special tax and accounting considerations.

U.S. persons face complicated and often surprising tax and compliance issues when acquiring or holding real estate located in the United State ...

This update surveys recent federal tax developments involving individuals, including court cases, rulings, and guidance ...

The date on which a merger or acquisition closes for tax purposes depends on when the benefits and burdens of ownership transfer under the facts and circumstances.

The Inflation Reduction Act of 2022, P.L. 117 – 169, modified the legacy ITC and PTC and introduced new “ tech – neutral ” energy credits that phase in as the legacy ITC and PTC phase out. On Jan. 15, ...

Sec. 83 governs the tax treatment of digital assets that employees receive in connection with their performance of services.