Page 30 - Internal Revenue Code Section News Today

Explain to clients he “how” and the “why” of changing residency and domicile.

The IRS say, "no," a request for a transcript or status update on estate/gift taxes won’t affect the likelihood that the IRS will audit the returns.

Hercules Capital, Inc. , the largest and leading specialty finance provider to innovative, venture, growth and established stage companies backed by some of the leading and top-tier venture capital... | October 18, 2022

President Joe Biden signed the Inflation Reduction Act of 2022 (IRA) into law on Aug. 16, 2022, following its passage along party lines in the U.S. Senate and House of Representatives.

Too many Americans do not fully understand how the health insurancethey receive through their employer is financed. Formal premiumpayments to health insurance companies are made by employers justas employers pay for other fringe benefits. Placing a cap on taxbenefits for employer-sponsored health insurance increases healthplan transparency and places a greater emphasis on plan quality,not size.

President Joe Biden signed the Inflation Reduction Act of 2022 (IRA) into law on Aug. 16, 2022, following its passage along party lines in the U.S. Senate and House of Representatives....

Philadelphia Mayor Jim Kenney signed into law an Ordinance that requires certain employers to offer a commuter transit benefit program to eligible employees. The Ordinance, entitled...

Many clients still have profits in need of planning attention before Dec. 31.

​​​​​​​On October 6, 2022, President Biden announced that his Administration granted unconditional pardons to individuals charged with or prosecuted for simple cannabis possession and...

One of the best ways to maximize your profits is to educate yourself on tax benefits, specifically ones that are available to investors.