There are over 150 types of penalties in the Internal Revenue Code (IRC). One frequent penalty that the Internal Revenue ...

On August 15, 2025, the Internal Revenue Service (the “IRS”) and the Department of the Treasury (“Treasury”) released new guidance on the “beginning of ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Clients may be inclined to use a Section 409A valuation for gift tax purposes. After all, both valuations aim to determine ...

The Internal Revenue Code (IRC) Section 453 provides a mechanism for deferring capital gains taxes through installment sales. However, not all strategies that claim to rely on this section are treated ...

The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4, 2025. While the OBBBA is a federal law, its effects extend beyond the Internal Revenue Code (IRC). This article discusses the ...

Paul Lee explores how the One Big Beautiful Bill Act transforms qualified small business stock planning with new limits and ...

Here's how to use your donations to save on taxes Fact checked by Vikki Velasquez The Internal Revenue Code (IRC) includes a tax break for charitable giving. However, claiming the charitable ...