At $3,000 and never adjusted for inflation during nearly a century, the Sec. 861(a)(3) de minimis exception seldom applies.

Problems with S elections frequently cause them to be invalid when made or to terminate. This article discusses four of the ...

What started as a church filling a need in the Northland by providing shelter, has in recent months devolved into a dispute ...

Another item for U.S. inpatriates to consider is potentially having to pay taxes on foreign currency gain when they pay off their non – U .S. mortgage. If an individual pays off a non – U .S. mortgage ...

Weakened courts, happy heirs, and work requirements. The House-passed version of Donald Trump's tax plan takes from poor, ...

In a progressive tax system like ours, more than one tax rate applies to your income. Your marginal rate is your top tax rate ...

Tax practitioners should be familiar with the special rules that apply and issues that can arise when an accounting method change is made while a taxpayer is under IRS examination.

Georgians can soon expect to receive tax rebates ranging from $250 to $500, depending on where they fall in the eligibility ...

Properly established and maintained, an incomplete gift nongrantor trust may play a valuable role in some clients’ estate ...