Among the federal tax changes made by the “One Big Beautiful Bill Act” (discussed in our prior post) is a new kind of custodial savings account ...

If you and your partner are in your 60s and have $70,000 in savings, you don't have a ton of money set aside for retirement.

Earnouts are a form of contingent consideration that the buyer of a business pays to the seller in the period following the acquisition, based on ...

A prominent marijuana prohibitionist group is rolling out a six-figure ad campaign directed at President Donald Trump, urging ...

The IRS has been mailing out letters to federal workers saying they are among 525,000 current and former employees who owe back taxes.

The U.S. Department of the Interior (DOI) issued a memorandum on July 15, 2025, announcing the end of what DOI refers to as "preferential ...

The regulations, REG-112261-24 and REG-116085-23, focus on non-recognition of gain or loss in corporate separations and multi ...

The CTA dismissed the case for having prescribed, ruling that the five-year period started on January 30, 2014—the date of ...

A proposed law aims to return part of tariff revenue to Americans through paychecks rebates, with eligibility and calculation tied to income and dependents.

In a recent post, available here, we discussed the basic requirements and benefits of Internal Revenue Code Section 1202, which provides for ...

Billy Long explained his plans for the Internal Revenue Service and the new tax bill during his first public talk as IRS ...

The IRS recently revised its Exempt Organizations Technical Guide: Disqualifying and Non-Exempt Activities, Inurement and ...