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Gifts you make throughout your lifetime can be protected from taxation by exclusions of many millions of dollars if you ...
People with Roth IRAs generally have to wait five years before withdrawing earnings from their account. But the devil is in ...
In a recent letter ruling, the IRS determined that a networking organization operated and organized to provide members of the ...
There are a lot of reasons to love Roth IRAs, but the tax rules governing them are complex. Here’s what you should know.
Taxpayers may be subject to the risk that an IRS examination could increase (or create) a gift tax or estate tax liability many years after a gift is made. Practitioners can help clients limit this ...
Recent final regulations offer guidance as to what Treasury and the IRS may consider an eligible method for partnerships and Sec. 987 QBUs held by partnerships to determine Sec. 987 gain or loss.
Tax practitioners should be familiar with the special rules that apply and issues that can arise when an accounting method change is made while a taxpayer is under IRS examination.
Clear Start Tax Explains How the IRS Can Legally Withhold a Portion of Your Social Security and What Retirees Can Do About It ...
The Big Beautiful Bill Act, which passed the House, includes an exemption on overtime taxes.
Cutbacks and vague guidance threaten the IRS's ability to carry out its responsibilities, which include overseeing the ...
On May 22, 2025, the House of Representatives passed the One Big Beautiful Bill Act (OBBBA). Tax-related proposals contained in the OBBBA would ...
The worldwide crypto tax software market is growing at a rapid pace and is expected to grow at a CAGR of 15.8% from 2024 to ...