Be Cautious on TCJA 2017 Changes – 1031 Exchange Narrowed It’s still being debated and discussed if the Tax Cuts and Jobs Act 2017 (TCJA)...

Companies Pass Extra Funds to Employees Everyone that has read the paper, watched the news or researched online about the Tax Cuts and...

Cryptocurrency has had lots of fare share in the news as of late, and overall in prospective approach. What is this new form of currency...

Pending the outcome of the threatened legal battle similar to the one when Colorado issued their new tax law, the sales tax on internet...

A taxpayer and his spouse lost their argument in Tax Court and could not deduct passive activity losses (PALs) from several activities...

Rebuffing the IRS, the Tax Court found that a taxpayers’ ranching activities was an endeavor to be engaged in for profit. The taxpayer...

Coca Cola Company and Subsidiaries win a small victory in Court prior to the start of the New Year. The Tax Court, in a division opinion,...

Again the IRS has granted an extension relief for partnerships and certain other entities that missed new deadlines under the Surface...

The IRS released the 2018 optional use standard mileage rates used in the calculation of deductible costs in operation of an automobile....

Recapping on what the donor advised fund or DAF is, the IRS website states that, a donor advised fund is a separately identified fund or...