Tax Strategies

The most important quality of the so-called 501(c)(4) organization boils down to one word: control.

With markets down so far this year and persistent inflation back, certain tax-saving moves can be particularly useful.

Taxpayers can no longer get away with 'substantial compliance' — they need to have their 'contemporaneous written acknowledgements' in order.

With the end of the year just around the corner, now is a great time to discuss tax planning with your clients.

The agency aims to hire scores of auditors, but there's a nationwide shortage of accountants.

Sam Bankman-Fried's failed FTX empire filed for bankruptcy on Nov. 11, potentially creating more than a million creditors and convulsing crypto.

When market investors suffer losses — or get taken for a ride — they're often eligible for a tax write-off to soften the blow. Users of the bankrupt crypto exchange FTX won't be so lucky.

According to data released by the OECD, the average combined statutory tax rate in its sample of over 160 countries was unchanged at 20% this year.

For businesses, the return of Republicans to control of the House takes the possibility of corporate tax increases favored by Democrats off the table.

When it comes to tax legislation, expect 'small ball' in an era of divided government.