The IRS issued regulations that finalize proposed regulations issued in 2013. The guidance is focused on when and to what extent a partner is treated as bearing the economic risk of loss and the ...

The transformative leader, who is retiring on Dec. 31, guided the organization and the profession for nearly three decades.

The decision reaffirms the relevance of Skidmore v. Swift & Co., which established Skidmore deference as an approach to judicial review of agency interpretations.

The delay, the third by the IRS for Form 1099-K reporting for third-party settlement organizations, will treat 2024 and 2025 as transition years.

A taxpayer could not deduct purported business expenses associated with writing and research activities held to be not engaged in for profit under Sec. 183.

The standard aims to provide guidance missing in GAAP for the reporting of induced conversions related to settlement of convertible debt instruments.

Clients often get confused about how enrollment in Medicare affects their eligibility to contribute to a health savings account and what to do if they erroneously made HSA contributions after their ...

The first strategy relies on the miracle of compound interest and works best for clients who have several years or perhaps ...

With about two in three transformations failing, a leader navigating three transformations at one time explains how she plans to avoid becoming a statistic.

Beginning with the 2025 filing season, the IRS will accept Forms 1040, 1040-NR and 1040-SS even if a dependent has already been claimed on a previously filed return if the primary taxpayer on the ...