H.R. 1, P.L. 119-21, the law commonly known as the One Big Beautiful Bill Act (OBBBA), contains provisions of special ...

Only deductible W-2 wages are included in calculating a taxpayer’s Sec. 199A qualified business income deduction.

This powerful vehicle for excluding gain on qualified small business stock gains even more traction under new legislation.

U.S. persons abroad and foreign persons living in or with connections to the United States may have responsibilities for ...

High costs of long-term care necessitate discussions with clients of strategies to most effectively cover this contingency.

Firms can follow these guidelines to position themselves as the trusted advisers clients need to navigate the many tax law ...

For the right client, these plans can build substantial retirement wealth quickly while offering tax advantages.

Proposed regulations would provide permanent relief from certain reporting requirements related to sales or exchanges of ...

The Tax Court held that taxpayers were not entitled to a Sec. 30D credit in 2019 for a qualified plug – in electric drive vehicle that they purchased and began to use in 2013.

At present, there is a lack of uniformity in state – level tax relief provided in response to federally declared disasters, ...

A buy/sell agreement can be used to restrict the type and number of persons who can be shareholders and to restrict ownership to those persons who are eligible shareholders (see Sec. 1361(b)(1)(B)). S ...