The fire, like our national debt, will grow and grow. It is all-consuming. Washington’s plan to severely cut costs and at the ...

Why do you need a lawyer for an IRS audit? Have you received an IRS audit notification (IRS form letter 2205-A, 2205-B, or ...

Problems with S elections frequently cause them to be invalid when made or to terminate. This article discusses four of the ...

There's a rogue unit in the IRS that's harassing small and family businesses; it should be disbanded immediately.

IRS letters can be stressful, but they’re usually about common issues. Knowing why you got one and how to respond can help ...

The institute is asking lawmakers to change provisions on SALT deductions for pass-through entities, contingency fees for tax ...

Deciding between DIY and hiring a pro for tax relief? Here's how to choose the right option for your situation.

Sec. 541 imposes a 20% tax on the undistributed personal holding company income of a personal holding company. Initially ...

Governors and state legislators have taken steps to improve taxation of investment income. Some in Congress, meanwhile, want ...

During last year’s presidential campaign, both Donald Trump and Kamala Harris suggested that the money Americans make from ...

Several organizations representing the payments industry sent a letter to Congress late Wednesday urging lawmakers not to ...

In the letter, the body called for an allowance for business entities to deduct SALT paid or accrued in trade or business ...