Tax Strategies

Chief obstacles; tax illiteracy; what makes a great preparer; and other highlights from our favorite tax bloggers.

With tax authorities scrutinizing partnerships, CPAs and tax pros need to think more strategically about filing for extensions.

A congressional hearing takes aim at an estate planning strategy that relies on the step-up in basis.

Forvis announced the release of a complementary web-based tax tool for clean energy projects and investments.

An unlikely pair of senators is teaming up to propose legislation to eliminate tax breaks for corporate M&A activity.

With the IRS continuing to launch promoter audits, it is important that anyone subject to such an audit consider a few strategic issues.

The Senate Finance Committee held a hearing to discuss the Biden administration's recently unveiled budget and tax proposals, as tax experts try to predict what will happen after the election.

A congressional hearing with the Treasury secretary presaged a partisan battle over sweeping reductions set to expire at the end of next year.

A pair of lawmakers proposed a bill to end the abuse of grantor-retained annuity trusts to avoid taxes.

Financial advisors and tax experts say HOA fees are usually not deductible, unless the home is used for a business or as a rental property.