When disaster strikes a condominium or planned community, owners often pay for common-area repairs — but don’t always get the ...

Once rarely imposed, transfer pricing penalties are now a routine feature of IRS examinations, making the quality of transfer ...

The OBBBA sought to clarify AGI‑based charitable contribution deduction limits but instead added uncertainty over how those ...

Although computing has transformed radically in the past 45 years, the computer rental rules of Sec. 41 and regulations ...

With major fuel tax provisions expiring, the upcoming change to electronic payments, refunds for federal excise taxes, and ...

A critical milestone in the qualified opportunity zone program looms, and understanding how to calculate the required ...

Artificial intelligence may incrementally become a product’s component until it crosses a threshold into being a digital ...

Members of the AICPA Tax Practice Management Committee share their strategies for addressing staff stress and burnout, ...

The final regulations target arrangements that the IRS says improperly use charitable remainder annuity trusts and annuities to eliminate ordinary income and capital gain on the sale of property.

In our global economy, even a tariff of less than 10% can have a significant impact on the supply chains that cross national borders. Blanket tariffs of 10% and “reciprocal” tariffs of well over 25% ...

Taxpayers who are not C corporations and who are not insolvent or bankrupt can elect to exclude cancellation–of–debt (COD) income resulting from the discharge of qualified real property business debt ...

Under the new system, eligible taxpayers will no longer have to request penalty relief that the IRS says is routinely granted. Certain taxpayers with IRS online accounts can file a Kwong-related ...