IRS & Taxes

We're ringing in the new year with tax updates! Join us for part two of our 2026 Tax Season Updates...

A practical framework for turning tax confusion into advisory opportunities. Highlights Self-employment tax creates surprise cash flow crises for service...

Buying equipment in December won't magically erase your tax bill. Discover how 100% bonus depreciation, Section 179, and smarter timing...

Real estate investing should build wealth—not expose everything you own. But far too many business owners and landlords set up...

Note: The following is the testimony of Michael Christl, Research Fellow at TaxA tax is a mandatory payment or charge...

Key Takeaways  Scholarships and grants are generally tax-free when applied to qualified education expenses, including tuition, required fees, books, and course-related supplies or equipment.  Non-qualified...

The Challenge Every Firm Is Facing  As my team and I speak with accounting firms across the country, one challenge...

What’s New Canopy now supports structured 3-tiered proposals within Engagements—letting firms easily present clients with Bronze, Silver, and Gold packages...

Highlights CoCounsel Tax provides expert-built AI templates for complex corporate income tax nexus questions. Economic nexus rules vary significantly by...

The Internal Revenue Service (IRS) has announced that interest rates will remain unchanged for the first quarter of 2026, beginning...