Getting advice from a good tax pro is worth it. They can help you squeeze the most out of your LLC tax benefits and keep you ...

Getting the right tax advice and tips is vital in the complex tax world we live in. The Kiplinger Tax Letter helps you stay right on the money with the latest news and forecasts, with insight from our ...

Traditionally, an entity applying for tax exempt status under Code Section 501(c)(3) will be a corporation. With the rise in popularity of the LLC over the last 25 years, it’s a wonder that LLCs are ...

On April 6, 2023, the Internal Revenue Service released its much-anticipated strategic operating plan. The plan outlines how the agency will use the additional $80 billion in funding from the ...

Reversing the Tax Court, the Ninth Circuit held that a partnership filed its return when, in response to an IRS revenue agent’s letter, it faxed the agent a signed copy of the return, which the ...

An LLC is a popular business structure that offers limited liability protection for the business owners and beneficial tax treatment. A limited liability company (LLC) is a popular business structure ...

The Internal Revenue Service (IRS) has recently released a new form, 15620, which will significantly impact the way taxpayers report certain transactions in relation to Section 83(b) elections. What ...

“Americans have never had much enthusiasm for paying taxes.” CIC Services, LLC v. Internal Revenue Service, 593 U.S. ___, *1 (2021) On May 17, 2021, the Supreme Court held that the Anti-Injunction Act ...