Personal exemption rules clarified for 2018 tax year health-related provisions
IRS guidance clarifies what it means to claim a personal exemption deduction.
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IRS guidance clarifies what it means to claim a personal exemption deduction.
IRS guidance clarifies what it means to claim a personal exemption deduction.
The IRS issued the inflation-adjusted contribution limits for 2019 for health savings accounts.
This article examines three Tax Court cases where the petitioners attempted to use medical hardship to avoid rules on early withdrawals.
The IRS issued the inflation-adjusted contribution limits for 2019 for health savings accounts.
The IRS announced it will allow taxpayers to treat $6,900 as the 2018 limit for deductible contributions to HSAs for individuals with family coverage.
This article is a semiannual review of developments in individual federal taxation, including issues of alimony, trade or business expenses, and recognition of loss.
This filing season will be the first time the IRS has enforced this requirement and will not accept tax returns that omit this information.
This filing season will be the first time the IRS has enforced this requirement and will not accept tax returns that omit this information.
The IRS issued final regulations that govern the relief available for victims of domestic abuse or abandonment from the requirement that married taxpayers must file joint income tax returns to qualify for the Sec. 36B premium tax credit.
The IRS issued final regulations that govern the relief available for victims of domestic abuse or abandonment from the requirement that married taxpayers must file joint income tax returns to qualify for the Sec. 36B premium tax credit.
The health care bill released by Senate Republicans on Thursday would retain the Affordable Care Act’s 3.8% net investment tax and the 0.9% Medicare surtax.
The IRS issued the inflation-adjusted figures for the annual contribution limits for health savings accounts.
Deductible HSA contributions can be used to offset all forms of income.
The Senate Republicans’ bill to replace Obamacare would repeal many of the Affordable Care Act’s tax provisions. Here’s a look at the tax changes in the bill.
Health care exchanges failed to properly verify the identity and eligibility of all individuals who received the advance premium tax credit, the Treasury Inspector General for Tax Administration reported.
The draft proposals to repeal the Affordable Care Act released by House Republicans evening would make many tax changes if enacted. Here’s a look at their impact on the tax code.
Health care exchanges failed to properly verify the identity and eligibility of all individuals who received the advance premium tax credit, the Treasury Inspector General for Tax Administration reported.
A number of recent significant developments affect taxation of individuals.
The IRS issued guidance on how it will treat individual income tax returns that do not indicate whether the taxpayers had health insurance coverage.
TECHNOLOGY
Among CPA tax preparers, tax return preparation software generates often extensive and ardent discussion. To get through the rigors of tax season, they depend on their tax preparation software. Here’s how they rate the leading professional products.
DEDUCTIONS
Qualified business income deduction regs. and other guidance issued
The package includes final regulations, guidance on how to calculate W-2 wages, a safe-harbor rule for rental real estate businesses, and new proposed rules on the treatment of previously suspended losses.