This update surveys recent federal tax developments involving individuals, including court cases, rulings, and guidance issued during the six months ending April 2024.
INDIVIDUALS
SEPTEMBER 2024 - The Tax Adviser
GAINS & LOSSES
Lenders’ tax consequences of foreclosure
Third-party creditors holding defaulting loans need to understand calculating gain or loss and whether it is ordinary or capital in foreclosure and deed-in-lieu of foreclosure proceedings.
ADVERTISING SUPPLEMENT
Corporate Transparency Act
Charles Wismer, CEO, FincenFetch, discusses firms and FinCEN beneficial ownership information (BOI) report filing,
Tax Clinic
credits against tax
FOREIGN INCOME & TAXPAYERS
GAINS & LOSSES
INTERNATIONAL
partners & partnerships
procedure & administration
SPECIAL INDUSTRIES
COLUMNS
PERSONAL FINANCIAL PLANNING
TAX PRACTICE MANAGEMENT
STATE & LOCAL TAXES
CASE STUDY
TAX PRACTICE MANAGEMENT
2025 tax software survey
AICPA members in tax practice assess how their return preparation software performed during tax season and offer insights into their procedures.
