Tax Breaks: The Countdown To The 2026 Tax Season Edition

Plus: Bonus depreciation is back, opening a Trump account, California’s billionaire tax, Head of Household filing status, ...

IRS Drops Form 708: 40% Tax, Gifts & Bequests, “Covered Expatriates”

IRS Form 708 is here. 40% Tax on Gifts & Bequests from Covered Expatriates (former citizens and green card holders). Transfer ...
The Sun Chronicle

Attleboro pushes forward with school redistricting

The school department is looking to redistrict for the first time in almost 30 years, which could mean some children may be ...

What is Basis in Finance? Definitions and Practical Examples

Explore the meaning of "basis" in finance, focusing on its tax implications and role in investment transaction. Learn how it ...
Forbes

New IRS Form Makes It Easier To Blow The Whistle On Tax Cheats

Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the first time—cutting paperwork, reducing errors and speeding up the process.
Forbes

Forms W-8BEN And W-9: Which To Use, When, And Why Many Get It Wrong

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. Using the correct IRS form (W-9 for U.S. persons and W-8BEN for ...
JD Supra

IRS Form 8937 Reporting - An Often-Overlooked U.S. Tax Reporting Requirement

As discussed in our prior blog posting, Canadian companies should be aware that, if they engage in certain “organizational actions” (as discussed below) that affect the tax basis of their securities ...
Forbes

What To Do On Your Taxes If Your IRS Form 1099 Is Wrong Or Missing

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Many people will soon be filing their 2024 tax returns by the ...