Tax Planning October 28, 2026
How to Unlock Mortgage Interest Deductions for Home Improvements
Despite these crackdowns, you still may be able to deduct mortgage interest paid on a home equity loan or line of credit.
Taxes October 27, 2026
No Tax Relief for These Casualty Loss Victims
If a loss is suffered in a federal disaster area, an individual may claim the loss on the tax return for the year preceding the year of the event.
Taxes October 23, 2026
Tax Court Tears Down Deductions for Historic Structure Easements
Specifically, a taxpayer may be able to write off the value of the conservation easement for any one of these reasons.
Taxes October 21, 2026
Don’t Try to Skip Reporting on Retirement Distributions
The IRS doesn’t take kindly to arguments that IRA and qualified plan recipients are not aware of their responsibilities.
Payroll Taxes October 7, 2026
Tax Court Upholds 100% Penalty in Payroll Tax Case
A business owner may be held personally for unpaid payroll taxes due to a willful failure.
Taxes October 2, 2026
Tax Court Forces Guitar Collector to Change His Tax Tune
The absolute necessity for accurate recordkeeping by both individuals and corporations cannot be overemphasized.
Payroll September 30, 2026
There’s Still Time to Cut 2025 Taxes With a SEP
The deadline for starting and contributing to a SEP is the tax return due date for that particular tax year plus extensions.
Taxes September 29, 2026
Don’t Blink at Medical Deductions for Cosmetic Surgery
The test is whether the surgery is being performed so you can look or feel better or if it addresses a specific medical condition.
Taxes September 2, 2026
Tax Court Penalizes ‘Pretty Sophisticated’ Taxpayer
Depending on the situation, the IRS may have discretion to hand out some of these penalties or to cut unknowing taxpayers some slack.
Taxes August 30, 2026
IRS Agent Fired for Shirking Professional and Tax Responsibilities
The IRS holds its staff to a higher expectation of tax compliance since they are responsible for enforcing tax law, especially those in a supervisory role.
Taxes August 21, 2026
Tax Court Takes Narrow View of Tax-Exempt Legal Settlements
The short story is that full amount of a personal legal settlement is generally taxable as ordinary income at rates currently topping out at 37%.
Taxes August 11, 2026
Tax Tips to Know Before Donating a Car to Charity
To qualify for a deduction, the charity must provide you with a written substantiation of a donation valued above $500.
Contributors
Amy Vetter
CPA, CITP, CGMA
Becky Livingston
Accounting & AI Marketing Consultant
Brian Tankersley
CPA, CITP, CGMA
Garrett Wagner
CPA, CITP, CEO and Founder of C3 Evolution Group
Jim Boomer
CPA, CITP, CEO
Ken Berry, JD
CPA Practice Advisor Tax Correspondent
Kristy Short, Ed.D.
Accounting Content Specialist
Mary Girsch-Bock
Contributing Writer
Randy Johnston
MCS, MCP
Roman Kepczyk
CPA, CITP, CGMA
