The Tax Adviser—the magazine of planning, trends, and techniques—reports and explains federal tax issues to tax practitioners.

Clint Costa CPA, J.D., LL.M., Senior Wealth Strategist, Choreo, LLC, discusses three tax insights that CPAs may encounter ...

Trusts and estates may benefit from the “unlimited” charitable income tax deduction under Sec. 642(c), which may be especially attractive to a philanthropic grantor seeking to completely eliminate ...

This update surveys recent federal tax developments involving individuals, including court cases, rulings, and guidance ...

Certain tax rules and considerations specifically affect undocumented immigrants in the United States and their common ...

The Inflation Reduction Act of 2022, P.L. 117 – 169, modified the legacy ITC and PTC and introduced new “ tech – neutral ” energy credits that phase in as the legacy ITC and PTC phase out. On Jan. 15, ...

U.S. persons face complicated and often surprising tax and compliance issues when acquiring or holding real estate located in the United State ...

The Tax Court denied the IRS’s argument that the money, which the sheriff had repaid, was includible in her income as embezzled funds.

Remanufactured “cores,” or used vehicle parts, are essential to the automotive industry but present distinct special tax and accounting considerations.

This update surveys recent federal tax developments involving individuals, including court cases, rulings, and guidance ...

Cancellation-of-debt income arises in a variety of merger-and-acquisition contexts, often with unclear tax treatment.