In December 2022, Treasury and the IRS stated that they intended to implement the Infrastructure Act amendments to the Code by issuing new regulations and providing forms and instructions for broker ...

Michelle is a managing director, Wealth Management, at Choreo in Duluth, Minn. She specializes in financial planning, retirement planning, and investment strategies, working with ultra-high-net-worth ...

Sec. 6673(a)(1) authorizes the Tax Court to impose a penalty not in excess of $25,000 whenever it appears that (1) the taxpayer has instituted or maintained proceedings primarily for delay; (2) the ...

While most of the pre–OBBBA Sec. 1202 rules remain untouched, several alterations did occur that tax practitioners, business owners, and investors might find interesting and potentially lucrative.

In an accounting practice, the engagement letter is a fundamental document that formalizes the agreement between the accountant and the client. It is a critical tool for establishing transparency and ...