Section 179 lets you deduct the full purchase price of qualifying business equipment bought and put into use during the year.

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for October 7, 2025 – October 23, 2025. October ...

IRS opens PTIN renewal for 800,000 tax pros—those who miss the deadline face penalties, delays, and possible disciplinary ...

President Donald Trump is committed to using every tool at his disposal to exact retribution on his political enemies, and ...

New court filings reveal previously undisclosed details of officials' discussions over a controversial information-sharing ...

By Louis Rogers of Capital Square Navigating the complex tax rules of a Section 1031 exchange can be a complicated experience ...

One of the core responsibilities of the IRS is to enforce the tax code fairly, not to weaponize it against U.S. businesses or undermine economic growth. Unfortunately, a recent high-profile case ...

Indiana lawmakers could use the upcoming special session not only to draw new legislative maps but also to head off what tax ...

PhoneX Holdings, Inc. (OTC: PXHI) today announces to its shareholders that the Company has determined that, based on its current understanding of the applicable provisions of Section 1202 of the ...

President Donald Trump's officials could be putting themselves in legal peril by moving forward with plans to weaponize the ...

The Internal Revenue Service is proposing to remove the domestic corporation look-through rule for real estate investment ...

After decades of limiting private letter ruling issues, the IRS has steadily widened its program, providing taxpayers greater certainty.