Tax

The 7217 is designed to report the basis of all distribution of property that a partner receives from a partnership in a non-liquidating or liquidating distribution.

In Notice 2024-72, the IRS adding to the relief granted last year.

The latest data on where accountants are focusing their technology investments, what Gen Z values most in a future employer and other key metrics.

Saying 'yes' too much; M&A mania; partners' income spread; and other highlights from our favorite tax bloggers.

On the same day the AICPA sent a letter asking for immediate tax relief, the IRS announced widespread relief for the hurricane's victims.

This election season could have a more significant effect on tax policy than most. How can CPAs guide their clients through this potential volatility in tax policy?

Without an income tax, Washington has one of the most regressive tax systems in the U.S.

Do you have three buckets handy?

The program will allow the representatives of a large business to share a mailbox to communicate with Appeals office employees.

AICPA chief Barry Melancon parses the tax issues of the election, as well as the broader uncertainty facing the profession.