Political donations from an LLC to candidates, PACs, or campaigns are not deductible. Charitable contributions by an LLC are ...

Don’t expect to wait by the mailbox for your tax refund check in the spring. The Department of Treasury is transitioning to fully electronic payments, a change that means tax refunds issued by the IRS ...

Some nomads think they can keep from being taxed by traveling constantly. This notion, widespread on internet forums, fails ...

One of the attractive features of doing business through a limited liability company is the protection it gives from personal liability — but that is not always the case, as a New Jersey dentist ...

The Internal Revenue Service (IRS) released Revenue Procedure 2025-32, detailing inflation adjustments to more than 60 tax provisions for tax year 2026. While some of the changes follow expected ...

Reversing the Tax Court, the Ninth Circuit held that a partnership filed its return when, in response to an IRS revenue agent’s letter, it faxed the agent a signed copy of the return, which the ...