IRS delays $600 Form 1099-K reporting rule on Venmo, PayPal

New IRS 1099-K Rules on Payment Processor Payments

Alabama passes changes to its taxation of corporations, including apportionment of multi-state income.

IRS audits have increased in recent months, especially for higher-income taxpayers, corporations, and partnerships.

Summary of the latest Build Back Better Act Tax Provisions and Impact.

Spending Proposals IRS budget increase will result in more audits and more information reporting requirements for banks.

The Second Round of Paycheck Protection Program loans is available to help individuals and businesses affected by COVID.

Taxation of Legal Settlements from Personal Injury, Personal Sickness, Disability Insurance Awards

Taxation of non-qualified stock options of private companies

IRS COVID-19 Tax Relief and the People First Initiative

Summary and computation of Trust Fund Recovery Penalty

Coach Saban wins a Tax Court case against the IRS involving a worthless debt on $2 million dollars he had loaned for a real estate construction project.

IRS Operations during Government Shutdown

New 20% Deduction for Business Income

2019 Internal Revenue Service (IRS) Standard Mileage Rates.

Taxation of alimony under Trump’s tax plan and prior tax law with an analysis of divorce and taxation pursuant to Alabama state law.

The 20% deduction for pass-through entity owners and planning strategies.

The recently enacted tax reform bill has made significant changes to the taxation of business.  This post summarizes some of the more substantial changes.

Tax treatment upon the sale of property with life estates.

Summary of Trump's Tax Reform