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Practical tax insights for working tax professionals.
Written by tax professionals for CPAs, EAs, and tax preparers.

Federal Tax Updates | Business Tax Issues | Individual Tax Topics | IRS Operations | Practice Management | State & Local Tax | Tax School News

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Practice Management: Thinning the Ranks

Practice Management: Thinning the Ranks

Practice Management: Thinning the Ranks If you are like me, you’ve been building your business for many years. Possibly even decades. Early on your mantra was likely “the more the…
Welcome to the Dog Days of Summer

Welcome to the Dog Days of Summer

Welcome to the Dog Days of Summer Who let this dog out? After a two month hiatus to concentrate on our fall Tax School materials, your erstwhile blogger has returned!…
Recovering Costs in Tax Litigation

Recovering Costs in Tax Litigation

Recovering Costs in Tax Litigation Taxpayers under audit with the IRS who find themselves in court may find the potential litigation and administrative costs problematic. Knowing when a taxpayer may…
Join the Conversation

Join the Conversation

Join the Conversation Are you a member of our private Facebook group? It’s a community of 2,500 tax professionals where people ask questions, share the occasional meme, and work through…
Recent Tax Court Cases on Common Issues

Recent Tax Court Cases on Common Issues

Recent Tax Court Cases on Common Issues Three recent court cases touch on issues that often face clients. One involves the tricky issue of what is a taxpayer’s “tax home.”…
IRS Guidance on Farm NOLs

IRS Guidance on Farm NOLs

IRS Guidance on Farm NOLs The IRS has issued guidance on how farm taxpayers are to handle carryback elections related to farm net operating losses (NOLs) in light of all…