
Rental Losses Disallowed for a Licensed Real Estate Agent
The use of rental losses to offset other types of taxable income has been severely limited since the passive activity

The use of rental losses to offset other types of taxable income has been severely limited since the passive activity

In a recent Memorandum decision, the Tax Court found that a couple was not permitted to take a tax deduction

After an extended period of threatening to do so, the Internal Revenue Service issued proposed regulations affecting the valuation of

The Internal Revenue Service (IRS), Department of Labor (DOL), and Pension Benefit Guaranty Corporation (PBGC) have jointly issued proposed revisions

It is not at all unusual for individual taxpayers to work to reduce their tax liabilities by donating to charity

In an important recent case on reasonable compensation, H.W. Johnson, Inc., T.C Memo 2016-95 (Tax Ct.), the Tax Court found

In an important recent case on reasonable compensation, the Tax Court found for the taxpayer. As is always the case
Learn more about this favorable tax provision that was made permanent by the PATH Act. Older Americans can make tax-free

A little known financial resource published by the Internal Revenue Service is a posting to their website titled, “Tax Tips”.

The Senate Finance Committee in Congress held a recent hearing at the 215 Dirksen Senate Office Building titled: “Helping Americans

Transactions between partners and partnerships can be exceedingly complex. As such, to ensure that there are not unanticipated tax consequences,

Internal Revenue Code The Internal Revenue Code rules governing Individual Retirement Account (IRA) rollovers and allowable investments are complex and
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