, September 07, 2024
Mar 22, 2024
Welcome to our Doneeโs Basis and Gain or Loss Calculator. This tool...
Nov 15, 2023
In a surprising twist, the dictionary the IRS relies on as an authority for Rev. Rul. 2023-2 allows taxpayers to reach a different conclusion....
Nov 10, 2023
We published several posts on different inflation-adjusted tax numbers for 2024. We hope...
Nov 10, 2023
In Revenue Procedure 2023-34, the IRS released the standard deduction amounts for 2024....
Nov 10, 2023
In Revenue Procedure 2023-34, the IRS published inflation-adjusted tax rates for 2024. Married...
Apr 12, 2022
Despite the rhetoric, the purpose of the proposal is to get votes, not fix the country....
Mar 12, 2022
You're likely to continue waiting since the IRS has a backlog of more than 20 million tax returns....
Mar 12, 2022
April 18 for the federal income tax return. See the post for deadlines for state, partnership, corporation, and fiduciary income tax returns....
Feb 15, 2022
The U.S. Treasury Department stated that a step-up in basis creates inequity and immobilizes assets....