Plus: What’s open at the IRS, the fight over premium tax credits, guidance on OBBBA, Social Security increases, digital taxes and tariffs, Section 179 expenses and more.

Keep in mind that the majority of audits are resolved through the mail. In any audit, it's more that the IRS needs ...

The IRS’s increased documentation requirements for Sec. 41 claims require taxpayers to specifically identify applicable business components and their costs and why their development is qualified ...

LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.

The seizure comes about a year after an audit. The holding company is under investigation over roughly $1.4 billion in alleged unpaid taxes on about $5.7 billion in capital gains tied to Lagfin’s ...

Gifts received from specified relatives are fully exempt from income tax under Section 56(2)(x). Learn the definition of 'relative' and mandatory ITR disclosure ...

Preparation of IRS Form 990 4. Preparation of Charitable Organization Annual Report for the Attorney ... and the firm's response to the letter of comments; and k) References and contact information ...

A HUGE change to council tax is being considered in this month’s Budget in a bid to plug a £30billion black hole in the public finances. The Chancellor is considering plans to reform the council ...

Allowing maximal extractable value (MEV) practices to go unchecked in crypto is preventing the mass adoption of DeFi and ...

Text HATCH to 515151 for your chance to win a Jurassic World Primal Hatch interactive dinosaur & egg toy. With more than 100 sounds and reactions, including color-changing eyes, your dino ...

The United States stands at the beginning of a profound economic transformation. Artificial intelligence (AI) and robotics ...

KBRA assigns a long-term rating of AA+ to Travis County Hospital District's (the "District's") Series 2025 (Limited Tax) Certificates of Obligation ("COs") and affirms outstanding parity COs at AA+, ...