Roger Russell

Experts and leading practitioners are looking at ways to mitigate the possible affect of the legislation from a tax perspective.

Uncertainty around coming tax changes and the coronavirus pandemic are making it harder for tax pros to plan.

The administration's proposal for the capital-gains tax rate is in part a throwback to the Reagan years, an expert says.

A new initiative called Operation Hidden Treasure is only the latest in the service’s approach.

NCCPAP’s Stephen Mankowski shares details from the service on filing date extensions and more.

A Biden proposal to change the tax deduction for contributions to a tax credit could have serious implications.

The Tax Court added its voice to the dilemma facing many taxpayers working remotely due to the pandemic.

Experts have identified a dozen credits, deductions and more as worth particular attention this year.

A critical PPP deduction, tax extenders, business meal deductions and more are among the critical points.

Tax policy for the next two years, and therefore tax planning strategies, may be determined in Georgia early next year.

Whatever the outcome in November, taxpayers and their advisors should prepare for changes, an expert says.

The executive order provides "temporary relief for employers" to “pay the employee portion of Social Security payroll taxes,” confirms Republican Rep. Kevin Brady.

The Supreme Court recently reversed an appeals court ruling on what constitutes “money remuneration.”

As the IRS steps up its scrutiny of virtual currency, reporting the transactions correctly is essential.

The Tax Court rules that creditors must have hard evidence that an obligation is uncollectable before they deduct it.

Holiday parties and team-building outings may still be deductible. What about entertaining prospects over dinner?

The tax treatment of bitcoin and its ilk raises major questions.

Entrepreneurs who suffer continuous losses could find their work classified as a hobby by the IRS.

The new rules impose tax liability on the partnership rather than the partners, which is a major departure from treating a firm as a pass-through entity.

In the world of trust and estate administration, where tax planning typically involves special attention to federal tax law compliance, it’s easy to lose focus on state income taxation issues. And while some states do not tax income related to trusts, states that do tax trust income have a variety of rules and criteria for which trusts are subject to tax.