When writing about taxation of retirement accounts, I've referred to IRS Publication 590- B many times, as it provides guidelines to taxpayers for handling required minimum distributions from ...

Learn about IRS Publication 535, crucial for business owners to understand deductible expenses to reduce taxable income.

Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the ...

Discover how IRS Form 1065 helps partnerships report income and deductions. Learn how it’s crucial for completing partners’ tax returns with Schedule K-1 allocations.

Most people can gift large sums without paying tax or filing a return, especially by structuring gifts across two tax years ...

Gifting Bitcoin isn’t taxable right away, but the IRS still has rules. Here’s how to stay compliant and prevent future tax problems. Bitcoin gifts aren’t immediately taxable. The IRS treats ...

Learn about the gift tax rules, limits, and how to report taxable gifts to the IRS. Understand the lifetime exclusion limit and annual reporting requirements with examples.

The AICPA recommended in a letter that the IRS improve several tax forms used by estates and trusts, in keeping with an executive order mandating that federal tax payments and refunds be processed ...

The IRS continues to roll out drafts of some 2026 tax forms, including a draft of Form W-9, Request for Taxpayer Identification Number and Certification. Here’s a look at what’s new—and why it matters ...

The Internal Revenue Service has posted a draft version of Schedule 1-A, "Additional Deductions," for Form 1040 that will be used next tax season when claiming new tax breaks in the One Big Beautiful ...

Quick confession: This is my favorite time of year. I love all of it. In Pennsylvania, the leaves are just starting to turn colors. It’s turning cooler which means that I can open the windows and dig ...