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

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.

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

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

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

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 ...

Buffalo Business First Publisher John Tebeau sat down with four Western New York financial minds to get a read on how to wrap-up the year and anticipate what is to come in 2026.

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.

Examines the U.S. Tax Court case involving microcaptive in Patel v. CIR, 165 T.C. 10 (Nov. 12, 2025) where the 40% penalties were assessed.

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

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

Beginning in 2026, tax filers who claim the standard deduction may be allowed to take a new above-the-line deduction for cash contributions to qualifying charities. You will not need to itemize ...