Issues arise when taxpayers claim positions generating benefits that arguably exceed those contemplated by Congress and the IRS. When this occurs, enforcement actions begin, and participating ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor ...

A recent Tax Court case, Estate of Block v. Commissioner, T.C.M. (RIA) 2023-030 (T.C. 2023), examined whether a Connecticut estate could claim a charitable deduction under Internal Revenue Code ...

The Internal Revenue Service recently issued Proposed Regulations (proposed regs) Section 1.6011-15, which aims to limit the abuse of certain charitable remainder annuity trusts. In particular, the ...

The demand for blockchain solutions is rising, driven by factors like supportive adoption, challenges in supply chain management, asset tokenization, and digital finance. In terms of technical support ...

When you sell a highly appreciated asset—such as a business, a piece of real estate or a long-held stock portfolio—you face the prospect of capital gains taxes that can significantly reduce your net ...