News

Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...
Bankruptcy can clear IRS debt—but only in specific cases. Learn the rules, tax forgiveness options, and what the new Trump ...
The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...
The US Supreme Court has refused to revisit a 1976 ruling, which allowed the IRS to access Coinbase users' data in a tax ...
D.C. sellers are facing six-figure tax bills on long-held homes. An outdated federal cap—and one of the highest local tax ...
The Tax Court held a completed signature block of petitions created with an online petition generator feature of the court’s DAWSON electronic filing and case management system satisfies the petitions ...
Like all good rules of thumb, the “Napkin Test” is a starting point and not the whole story. Every 1031 exchange is nuanced, and while these three rules will keep most investors on the right path, the ...
The 'Rule of $1 More' explains how to plan for critical retirement thresholds. Because "you don't want to step off a cliff ...
The tax filing deadline has come and gone and no doubt you’d rather think about the next summer BBQ — or pretty much anything ...
If the [charity’s] activity exposes state coffers to the risk of an excise tax from the IRS, you have to begin to question whether or not its existence is justified,” said a Republican lawmaker ...
There are a number of troubling provisions in this "big beautiful bill" which passed the House Thursday and is now headed to ...