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 ...

Advances made by a taxpayer in its business of managing an arena were not bona fide debt, and the taxpayer was not entitled ...

A new $6,000 senior tax deduction in Trump's new tax bill, the One Big Beautiful Bill, starts in tax year 2025, offering ...

Oklahomans can maximize charitable giving on Giving Tuesday with local nonprofits and key 2025 tax benefits before year-end.

Experts say startups that neglect accounting risk cash flow issues, tax pitfalls and missed deductions. CPAs outline key ...

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the 20% deduction for qualified business income or QBI.

A Georgia company grossly overstated the value of its conservation easement when seeking a charitable tax deduction, the US Tax Court said in a bench ruling published Monday.

Selling something that has shot up in value — think appreciated stocks, bitcoin bought for pennies, a rental building, or a ...

The One Big Beautiful Bill Act makes major temporary tax cuts from 2017 permanent for high earners and businesses, reshaping the relationship between federal taxation and high earners.

Experts warn startups that weak accounting and tax planning can hurt growth. CPAs say understanding cash flow, entity choice and new tax rules is essential.

The IRS issued guidance on new deductions in the One Big Beautiful Bill Act for tipped and overtime pay for the 2025 tax year ...

While many people give because they want to do good, the tax rules around philanthropy have always been an added sweetener.