LATEST NEWS
Texas Federal court struck down the DOL exempt salary rule
Earlier this month, a Texas Federal judge struck down the
Most serious problems (IRS report): #5 Lack of competency of tax preparers
In the 2023 National Taxpayer Advocate report to Congress, this organization lists a number of issues that the
Partnerships – New IRS form for property distributed in 2024, plus bonus on special transactions
The IRS has been putting more focus on partnerships in recent times. Back in June 2024, the IRS
More regulations for digital assets and crypto brokers
From the IRS release in June 2024, there will be more reporting requirements to digital and crypto brokers
IRS increases standard deductions, estate tax exemp, annual gift, etc. due to inflation for 2025
As communicated each year, the IRS has updated some of the deductions, tax exemptions, tax exclusions and other
MORE NEWS
More regulations for digital assets and crypto brokers
From the IRS release in June 2024, there will be more reporting requirements to digital and crypto brokers (the ones taking possession
IRS increases standard deductions, estate tax exemp, annual gift, etc. due to inflation for 2025
As communicated each year, the IRS has updated some of the deductions, tax exemptions, tax exclusions and other tax items based on
Cannabis still Schedule I controlled substance – Section 280E applies
The Cannabis industry had some rumors in the last few months on a potential move from Schedule I substance which are considered