Roger Russell

Inflation-adjusted tax brackets for the 2017 tax year, based on the average inflation index for the 12-month period ending on August 31, 2016, show a slight uptick for the year ahead, according to Wolters Kluwer’s George Jones.

For many preparers, checklists have replaced the cumbersome organizers, which most clients never completed anyway. But as we draw closer to year’s end, many preparers should be thinking about the things they need to pay attention to before filing season begins.

When I told my wife that I was working on the Apple story, she told me that it’s already been covered—in the Book of Genesis. She’s right, of course, since good versus evil permeates many of the issues in the current tax landscape.

Tax experts dig into the presidential candidates’ tax plans

The Tax Court ruled that an award for an employment discrimination settlement should be included in a taxpayer’s gross income – but that he could deduct his attorney’s fees in the case above the line.

There’s probably no one “right” time for tax preparers to start a newsletter, but the end of summer might be an optimum time. Vacation memories are beginning to fade, and people are gearing up to get back into the real world of work, busy schedules and tax.

Although the tax positions of the two major candidates would face major hurdles before either one becomes law, interested observers have wasted no time in dissecting them, praising them or pointing out defects.

For several decades, estate planners have been using entities such as family limited partnerships or family limited liability companies as an estate planning tool.

The Tax Court held a husband and wife who supplied information to the Internal Revenue Service are entitled to a full 24 percent of the “collected proceeds,” which includes a criminal fine and civil forfeitures to the government, not just tax restitution.

There once was a time, after the Tax Reform Act of 1986, when the U.S. corporate tax rate was at the low end of corporate tax rates among industrialized economies.

Mortgage interest deduction limit applies on per taxpayer basis.

Although the median sale price of small businesses has increased over the last six quarters, businesses are taking longer to sell, according to BizBuySell’s Q2 Insight Report.

For some accountants, the only QDRO they will see will be part of their own divorce decree. But for many others, advising on QDROs is a part of their practice.

Your tax practice may be opening you up to liability

The Taxpayer Advocate has concerns about the service’s roadmap

The Cadillac tax is a 40 percent excise tax on “high cost” health plans set in place by the Affordable Care Act. However, despite the familiarity tax professionals have with its name, the details surrounding the Cadillac tax can be complicated and confusing.

Yes, it’s summer, but that doesn’t mean it’s time to forget about your clients, or ease up on your plans to attract new ones.

The National Taxpayer Advocate says that the 2016 filing season went “much more smoothly” than last year’s.

The Internal Revenue Service can’t always be sure that former employees’ access to systems and buildings has been revoked, according to a recent report.

A primer on the int’l tax issues your business clients may face