
IRS Audit Issue: SUV Built on Car Chassis
Taxpayer DJ is in an IRS audit of his 2018 tax return. It is now at the IRS appeals level. The vehicle in question is
Taxpayer DJ is in an IRS audit of his 2018 tax return. It is now at the IRS appeals level. The vehicle in question is
Cryptocurrencies have gone mainstream. For example, you can use bitcoin to buy far more than you would think. To see, try googling “What can I
You will likely want to download this handy desktop reference and save the PDF on your computer or smartphone for easy reference. In just two
What happens when lawmakers enact a new tax? It starts small. It looks easy. In 1935, the self-employment tax topped out at $60. Those 1935
When Congress passed the American Rescue Plan Act in March, it made a little-noticed change in the tax reporting rules that will make it almost
As you know, tax credits are the best. Suppose your business hires a member of a targeted group. In that case, you can claim the
When you know the rules related to business mileage, you protect yourself in the event of an IRS audit, and pay less tax. Take Henry,
Question I’m a CPA in private practice. Please help me clarify my lifelong question regarding rental real estate and the entity structure that would allow
Your office burns to the ground in a fire. You barely escape with your life. Everything in your office is destroyed, including all of your
The federal Rehabilitation Tax Credit, or rehab credit, offers significant financial incentives for owners or leaseholders of historic buildings to renovate those structures. What’s the
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