On December 19, 2025, the IRS issued Notice 2026-1, providing a safe harbor for taxpayers seeking to claim the federal income ...

Retirement plan sponsors should take note of new IRS safe harbor rollover notices. As a reminder, section 402(f) of the ...

The Maine city had faced more than $700,000 in penalties for filing errors made for tax years 2020 and 2021.

IRS disallows charitable deduction for LLC transfer lacking economic substance, taxes donor on all income under assignment doctrine ...

A prior case already exempted certain partnership income from self-employment taxes in Texas, Louisiana and Mississippi.

Red White and Blue Tax Services, a tax preparation and advisory firm specializing in small business tax planning, equity compensation tax strategy, and year-round advisory for business owners and ...

IRS January 31 deadline passed: The Internal Revenue Service (IRS) began processing over 270 million information returns this ...

Gold and silver sales face complex tax rules. Learn collectibles rates, basis strategies and planning tips for clients ...

CORRUPTION remains a problem in the country. Despite repeated reforms and policy initiatives, public funds continue to be vulnerable to misuse and misappropriation. Recent government investigations ...