Building a tax-efficient retirement income plan for clients
By Kelley C. Long, CPA/PFS
For retirees, effective tax planning requires taking a long view and spending down assets from a variety of sources each year.
IRS blames old tech in destruction of information returns
The IRS responds to a report by the Treasury Inspector General for Tax Administration that pointed to the March 2021 incident as one example demonstrating a need for the Service to increase e-filing options.
A resurgence of the accumulated earnings tax?
By Eric D. Brauer, J.D., LL.M., and Mark A. Schneider, J.D., LL.M.
Lower corporate tax rates since 2018 could incentivize companies to retain their prior earnings, a prospect on which the IRS is focusing its enforcement attention.
Sales tax considerations for exempt organizations
By Erica Cline, CPA; Alexandra Mitchell, J.D., LL.M.; and Mo Bell-Jacobs, J.D.
Wide disparities across state and local jurisdictions regarding sales and use tax exemptions complicate this potentially valuable benefit.
Puerto Rico residents: Scope of income tax exemption for capital gains
By Douglas Borg, CPA, J.D., LL.M.
The island’s allure includes broad tax exemption of investment income for bona fide residents, but U.S. taxpayers relocating there should be aware that preemigration gains can remain taxable by the United States.
5 steps to managing client expectations
By Anita Dennis
Great relationships with clients can be achieved and maintained by proactive communication practices.
Helping build a better tax system
A CPA describes his journey from a small practice to advising the IRS and Congress on issues of tax policy and administration, in this podcast episode with transcript.
Posted by Jessica Ji, Associate Editor, Wealth Strategies Journal.