Cryptocurrency has gone mostly unregulated, but Coinbase could be just the first of many IRS targets.
Tax Insider Articles
A new tax-efficient approach to protecting unrealized gains
A stock protection fund may be helpful to some investors.
S corporation owner-employees: Who controls income?
Clients who wish to have income from services be treated as income of their corporations should have revise independent contractor agreements so that payments are made to their corporations.
Form 1040NR enters the 21st century
Nonresident filers can now file their 2016 Form 1040NR electronically.
How to determine profit motive
This column examines two U.S. Tax Court cases addressing profit motive.
Maximizing the EITC for deployed troops
This article discusses why deployed troops who are in harm’s way are getting less benefit from the EITC, how it affects their households, and a simple solution to the problem.
Reexamining tax-loss harvesting: Better results through enhanced understanding
Tax-loss harvesting offers the potential for significantly increased after-tax returns.
Are You Ready for the Nevada Commerce Tax?
Nevada, once viewed as a “tax-friendly” state, implemented a $1.5 billion tax plan to fund its education system.
Planning to Comply With the New U.S. Debt-Equity Requirements
Companies should develop plans to ensure both tax and financial reporting compliance.
Preparing and Filing Forms 1099 and W-2 in the Cloud Continues to Rise
Cloud-based preparation and filing reduces the burden and streamlines the overall process.
Common Income Tax Accounting Pitfalls
This article highlights a few ASC Topic 740, Income Taxes, tax matters companies have missed or overlooked in tax provisions.
Brexit: Major Tax Changes for Global Businesses
Many areas of shared tax law and practice may be affected, including indirect and direct taxes.
Phishing Scams Target Tax Professionals
A new scam takes the form of an email pretending to be from the practitioner’s tax software provider.
Form 8332 Challenges for Divorced Couples
When parents divorce without a meeting of the minds or a well-crafted agreement, issues can result as to who is entitled to the tax benefits from supporting their children.
New Partnership Audit Procedures Will Have a Profound Impact
Changes in the the Bipartisan Budget Act of 2015 are a departure from how partnerships have been treated for federal income tax purposes.
The Cadillac Tax: How to Address Questions Your Clients May Have
Many business decision-makers will have questions about whether the tax applies to them and whether it can be avoided altogether.
Back to School: 7 Strategies to Save for College
This column offers some of the most common techniques to help save for college.
Public Support for Not-For-Profits: Practical Considerations and Protecting Public Charity Status
Organizations that do not pass the public support test may be treated as private foundations.
Avoiding Cost Segregation Recapture Tax
Tax professionals should consider a number of worthwhile opportunities to reduce or avoid recapture tax that is realized upon sale of property.
House Republicans Offer ‘A Better Way’ for Taxes
This article summarizes and critiques the latest significant proposal for reform.
