Terminally ill individuals often desire to benefit the people and institutions they love by means of actionable and effective tax planning, even in the final period of their life. These taxpayers, ...

One of the issues that taxpayers face is accurately reporting their state income to the appropriate state taxing authorities and paying the correct amount of tax. But many taxpayers have income from ...

“Our Greatest Hits” is an effort to show our readers the most popular – and still avidly read – articles from our archives. This article originally appeared in our 2003 Issue. Most taxpayers seek any ...

The $1.9 trillion American Rescue Plan Act (ARPA) of 2021 (PL 117-2) was signed into law on March 11, 2021. The wide-ranging law contains many tax-relief measures for businesses, with varying ...

A common way for individuals to save for college is through the use of state-administered IRC section 529 plans or what the tax code refers to as qualified tuition programs. These plans come in two ...

CPAs need to consider the effects of throwback and throw-out rules on the sales factor when preparing multistate corporate income tax returns for companies that ship tangible personal property to ...

Not-for-profit organizations rely on a strong financial infrastructure in order to support their ongoing operations, ensure ...

Bitcoin and several rival forms of cryptocurrency experienced record-breaking growth in recent years, leaving many investors and their CPAs grappling with uncertainty and surprise during tax season.

Here is a familiar story: An entrepreneur works for decades to build a successful business and has reached the point of successfully exiting from the business through a lucrative sale transaction. At ...

The current technological transformation in accounting and taxation shows that “companies have a large appetite for increasing complex analytics, even when they cannot adequately perform the basics” ...

This article examines the initial impact of the adoption of ASU 2016-02 (ASC Topic 842, Leases), which requires lessees to record assets and liabilities for operating leases. Under prior standards, ...