Succession planning for closely held business owners has always carried estate tax risks, but the Supreme Court’s 2024 decision in Connelly v. United States has made...
Members of a firefighter crew assist in recovery efforts in Hunt, Texas, on Thursday, July 10, 2025. Eli Hartman/Bloomberg Individuals and businesses in Texas affected by...
The Trump megalaw opened more pathways to tax savings on real estate investments atop the substantial ones that were already available. Adjustments and the permanent extension...
The ink is hardly dry on President Donald Trump’s $3.4 trillion tax and spending package and House Republicans are already at work on a follow-up budget...
The Internal Revenue Service’s plan under the Biden administration to audit high-income taxpayers appears less likely after staffing and budget cuts under the Trump administatation, according...
Deloitte Tax LLP has acquired certain assets of Trust Processing Solutions LLP, a boutique firm specializing in fiduciary trust services, based in Cincinnati. The deal will...
Let me share a true story. I was talking to a CPA, a sharp practitioner with a great reputation, just after tax season. He was exhausted....
Short-term rentals have become a lucrative investment opportunity, especially with the rise of platforms like Airbnb and VRBO. However, navigating the tax landscape can be complex....
President Donald Trump’s sweeping $3.4 trillion fiscal package is already creating opportunities for segments of the energy and climate industries that had fallen out of favor,...
The SkinnyPop in the break room may not last. Donald Trump is targeting the office snack. The president’s signature tax law allows a long-standing business deduction...