Roger Russell

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The Internal Revenue Service can’t always be sure that former employees’ access to systems and buildings has been revoked, according to a recent report.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

Today’s prototypical small business owner is changing in terms of age, ethnicity, gender and other characteristics.

Options for tax reform are legion — the missing ingredient is leadership

Ransomware—malware that can block access to a computer system until a ransom is paid to the perpetrator—is targeting professionals in ways that are likely to cause the unsuspecting to open an infected file.

This may be the last time you see a reminder that the FBAR (Report of Foreign Bank and Financial Accounts) filing deadline of June 30 is fast approaching. That’s because, beginning in 2017, the annual FBAR filing will coincide with the April 15 income tax filing deadline.

Payments that a business makes are generally deductible if they are “ordinary and necessary” under Internal Revenue Service regulations unless, that is, they are specifically denied deductibility.