Utilizing Modern AI for Cost-Effective Tax Research: A Professional Guide
1. The power of AI in Tax Research
Tax research is a crucial component of any professional's work...
IRS Keeps Short Leash on Energy Credit Transferability
The government rejected suggestions from the clean energy industry to relax restrictions and...
Taxpayer Says He’s Seen the Light, Drops Ongoing Tax Challenge
A taxpayer sought to dismiss his own case in the Tax Court after reconsidering his beliefs and the...
Beware of Improper Fuel Tax Credit Claims, IRS Warns
Dirty Dozen: IRS warns about false Fuel Tax Credit claims; taxpayers should be wary of scammers,...
Justices Grapple With Estate Tax Value of Closely Held Company
Supreme Court justices acknowledged the difficulty of the question before them at oral argument...
Final Regs Tighten Rules for Non-Comprehensive Health Insurance
Treasury issued final regulations that update the definition of short-term, limited-duration...
IRS Gears Up for Corporate Jet Dogfight
A new audit campaign by the IRS will investigate the potential misuse of corporate jets by large...
Prosecutors Announce First Crypto Basis Indictment
The Justice Department has obtained what the former IRS Criminal Investigation division chief...
Tax Court Exasperated With Late Innocent Spouse Filing
An eight-year-late innocent spouse petition didn’t inspire sympathy from the IRS, the Tax Court, or...
IRS Set to Resume First Tranche of Collection Notices
The IRS is gearing up to restart its automated collection process, but it’s trying a gentler...