We’re well into the period accountants call “tax season,” when even the procrastinators among us begin to consider beginning the work to file their federal and in some cases state ...

Although the regulations offer straightforward grounds for challenging the fanciful transfer pricing method endorsed in Medtronic II, a potential appeal could shed light on broader questions about the ...

On April 30, 2024, the Internal Revenue Service (IRS) released Rev. Proc. 2024-23, List of Automatic Changes, which provides the list of tax accounting method changes a taxpayer may file under the IRS ...

Tax relief and tax rebates are often confused. Learn how they differ, who qualifies and what each option can — and can’t — do for your taxes.

We must eliminate the IRS as we know it today. We are too modern an economy and people to continue to be burdened by antiquated tax methods that favor some and not others. We need fairness in our ...

Freeman Law’s “The Tax Court in Brief” covers every substantive Tax Court opinion, providing a weekly brief of its decisions in clear, concise prose. For a link to our podcast covering the Tax Court ...

“Is dividend income from high-dividend companies exempt from comprehensive financial income taxation even if it exceeds 20 million won annually? How does this affect health insurance premiums?” ...

The IRS issued guidance providing the depreciation limits for automobiles for 2016 and revised limits for 2015 reflecting the retroactive increase in the amount of bonus depreciation permitted under ...