The Tax Adviser9d
IRS grants partnerships additional time to furnish complete Forms 8308
The IRS is providing relief from penalties imposed solely for failure to furnish Part IV of Form 8308 for partnerships by Jan. 31, 2025, if a partnership meets certain requirements.
The Tax Adviser22d
Client advisory service for business owners
Q How can CPAs add value to business owner clients? A CPAs are often the primary adviser to business clients. While it can be easy for a CPA to fall into a pattern of tax compliance and related ...
The Tax Adviser6mon
Taxation of Estates & Trusts
The Supreme Court held that a corporation’s stock redemption obligation was not a liability that reduced the corporation’s value for estate tax purposes. The IRS issued guidance for recipients of ...
The Tax Adviser2mon
Partnership and LLC Taxation
The IRS is providing relief from penalties imposed solely for failure to furnish Part IV of Form 8308 for partnerships by Jan. 31, 2025, if a partnership meets certain requirements. The IRS issued ...
The Tax Adviser7y
S Corporation Income Taxation
Chief Counsel Advice was issued regarding who is ultimately liable for payment of employment taxes when using a professional employment organization. Tracking these accounts is important if an S ...
The Tax Adviser9y
About The Tax Adviser
The Tax Adviser is a monthly publication of the American Institute of CPAs, providing tax practitioners with timely, in-depth, practical, and comprehensive information on federal and state tax ...
The Tax Adviser4y
Contact The Tax Adviser
To get through the rigors of tax season, CPAs depend on their tax preparation software. Here's how they rate the leading professional products.
The Tax Adviser4y
Advertise in The Tax Adviser
The preeminent, authoritative, professional tax journal for CPAs, providing them with timely, in-depth, practical, and comprehensive information that helps CPAs maintain their identification with and ...
The Tax Adviser3y
Tax Planning; Tax Minimization
In addition to the guidance on the plan, the letter recommends that Treasury and the IRS continue pursuing tax simplification. IRS commissioner Danny Werfel promised “marked improvement” for the ...
The Tax Adviser2y
S Corporation, Partnership & LLC Taxation
Approval of an S election by the IRS and/or a state jurisdiction does not mean that S corporation status remains safe and sound forever. This item discusses how owners selling partnership interests ...
The Tax Adviser12y
C Corporation Income Taxation
The IRS issued final, temporary, and proposed regulations intended to prevent abusive corporate inversion transactions.