Tax Law Blog

A tax-friendly tool to help a child pay for college may help you pass along generational wealth. For families interested in the educational future of a child, a 529 Savings Plan offers the means for parents and grandparents to help beneficiaries pay...

If mileage is a factor on your personal or business tax return, the Internal Revenue Service (IRS) increased the standard mileage rate for 2023.

The career and life of a headline-making attorney took a steep dive after conviction on charges of wire fraud and obstruction of the Internal Revenue Service (IRS).

A tax policy created under the American Rescue Plan of 2021 is intended to ensure that taxpayers fully report proceeds that run through payment apps and e-commerce sites. Responding to blowback on the implementation of the measure this year, the...

Corporations need tax and compliance support throughout the year. Understanding the benefits of working with a tax provider can help you make the right decisions for your company.

In a helpful turn for New York property owners, New York Governor Kathy Hochul vetoed legislation that would have closed a tax loophole on full-size homes declared as condominiums.

Charitable donations can reduce your taxable income. In some cases, you may need an appraisal to support the value of a donation you have made.

Out with the old and in with the new. Each year, changes to taxes and laws go into effect on the first of the calendar year. This year is no different.

For taxpayers with significant tax debt, an Offer in Compromise (OIC) may sound like a pretty good deal. An OIC provides an opportunity to reduce your tax liability—but it is by no means free.

The Automated Underreporter (AUR) program is an important part of compliance efforts at the Internal Revenue Service (IRS).