Tax code

Even though the One Big Beautiful Bill Act made substantial changes in the Tax Code, one area where that may not be seen so much is in terms of simplification.

The country's only public Major League Baseball team is facing off against the Tax Code in a lonely battle over player pay that threatens to cost it millions.

As we enter the beginning of 2025, bonus depreciation continues to leverage down as more portions of the Tax Cuts and Jobs Act expire.

The timing of restructuring will be critical, though, thanks to its significant tax implications.

More art than science, financial advisors can face difficulty in determining what constitutes a "substantially identical" security.

Signed into law last December and now partly in force, the sweeping retirement overhaul package presents new planning opportunities for millions of Americans and financial advisors.

With input from tax influencers, a Keeper report discusses five enduring Tiktok myths about personal finances.

The Internal Revenue Service’s Office of Chief Counsel is spelling out new requirements for information from companies submitting claims for research credit tax refunds to prove they’re valid.

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

The Internal Revenue Service guidance caused some consternation among some small businesses and tax experts.

Small businesses that manage to get their Paycheck Protection Program loans forgiven may find themselves losing valuable tax breaks, according to new guidance from the Internal Revenue Service.

Waiting too long means clients will miss out on the opportunity to maximize the plan’s full tax benefits.

Advisors may need to alert clients as to when these checks will be taxable.

Financial planners report wide demand to learn how to exploit changes in the tax code.

They have become increasingly attractive as real estate prices climb.

The proposal includes cuts that would benefit businesses, the middle class and certain high-earning individuals but left unanswered questions about whether the plan would be paid for, or how.

Confusion among affluent taxpayers could lead to new ways to help clients.

"The uncertainty is often more stressful than the reality" when it comes to planning for a change in administration.

A recent agency memorandum cited several legal cases to back up its opinion.