Taxes February 13, 2026
Tax Court Slams Brakes on Charitable Deduction
The Tax Court immediately nixed the deduction because of the inadequate substantiation and the lack of any appraisal for high-income items.
Taxes February 13, 2026
The Tax Court immediately nixed the deduction because of the inadequate substantiation and the lack of any appraisal for high-income items.
February 12, 2026
February 12, 2026
Taxes September 17, 2025
Drawing on responses from more than 150 tax practitioners across firm sizes, the report uncovers a widening performance gap between those adopting AI-powered tax research solutions and those still using legacy tools.
Taxes September 16, 2025
Moore is scheduled to be sentenced on Dec. 8 and faces a maximum penalty of five years in prison. He also faces a period of supervised release, restitution, and monetary penalties.
Taxes September 16, 2025
Tax compliance is one of the most stressful tasks e-commerce and procurement executives perform, driven by both the complexity of tax laws and the high stakes of noncompliance, according to a new survey from Swap.
Taxes September 16, 2025
Thanks to the new One Big Beautiful Bill Act (OBBBA), the federal estate tax exemption will hit new heights next year. And what a long, strange trip it’s been.
Taxes September 15, 2025
Here’s what you need to know about how different states tax retirement income, including the states where you won't pay taxes at all.
Advisory September 12, 2025
For firms to succeed, we must adapt our operational strategies to meet these challenges head-on. These are three key factors contributing to the increased demand for tax services.
Taxes September 12, 2025
The One Big Beautiful Bill Act (OBBBA) signed into law earlier this year tweaks the alternative minimum tax (AMT) rules for individuals. Overall, the news for taxpayers is “mixed,” beginning in 2026.
Taxes September 11, 2025
For the first time in history, the new law creates a “floor” for deducting charitable donations deductions. At the same time, it opens up deductions to non-itemizers as well as itemizers.
Taxes September 11, 2025
The report accounts for several new adjustments made under the One Big Beautiful Bill Act (OBBBA) that affect tax planning for taxpayers in 2026 and beyond.
Special Section: Guide to 2025 Tax Changes September 11, 2025
The new “One Big Beautiful Bill Act” (OBBBA) is enhancing several tax breaks relating to education in addition to increasing family tax credits for raising young children.
Taxes September 9, 2025
Thousands of taxpayers have filed inaccurate or frivolous returns that falsely claim the Fuel Tax Credit and the Sick and Family Leave Credit, often resulting in the denial of refunds and steep penalties, the IRS said Sept. 8.
Payroll September 9, 2025
The rule of 55 can benefit workers who have an employer-sponsored retirement account and are looking to retire early or need access to the funds if they’ve lost their job near the end of their career.