How well is the IRS protecting confidential data that’s stored on their devices? A key element of assuring confidentiality is “sanitization” of laptops, desktops and smartphones, >>
To help address labor shortages, the IRS reminds employers that they won’t jeopardize the tax status of pension plans if they rehire retirees or permit distribution >>
The COVID-19 pandemic is still adversely affecting many businesses and not-for-profit organizations, but the effects vary, depending on the nature of operations and geographic location. Has >>
If you own a vacation home, you may want to rent it out for part of the year. The tax treatment can be complex. It depends >>
The IRS is reminding U.S. citizens, resident aliens and any domestic legal entity that the extension deadline to file their annual Report of Foreign Bank and >>
Capital gains relief is provided for farmers and ranchers affected by drought. In guidance, the IRS announced that farmers and ranchers who were forced to sell >>
Generally, individuals who claim the standard deduction on their tax returns can’t deduct charitable contributions. But for 2021, the Taxpayer Certainty and Disaster Tax extended parts >>
Many people have seen their home values increase recently. Be aware of the tax implications if you sell your home. If you’re selling your principal residence, >>
There are thousands of different cryptocurrencies currently in circulation. Some were created to perform groundbreaking technological functions like smart contracts (Ethereum), while others were simply created >>
Some people make video recordings of their will signings in an effort to create evidence that they possess the requisite testamentary capacity. For some, this strategy >>
