The Tax Adviser—the magazine of planning, trends, and techniques—reports and explains federal tax issues to tax practitioners.

Members of the AICPA Tax Practice Management Committee discuss how firms can best prepare and adapt when partners retire.

Rules for signing the power-of-attorney form vary widely between partnerships audited under the Bipartisan Budget Act of 2015 ...

While expenditures may be qualified investments for the Sec. 48D advanced manufacturing investment credit, related grant ...

Applicability of sales and use taxes on digital products may in some cases hinge on the elusive definition of a computer ...

This article summarizes the options available to taxpayers to come into compliance with FBAR and information reporting obligations.

This article focuses on the key tax and reporting areas applicable to revocable trusts and the associated planning and pitfalls that arise at the grantor’s death.

In 2016 and 2017, courts have decided several cases involving S corporations and their shareholders. In addition, the IRS has issued guidance that should be of interest to S corporation owners. The ...

Understanding the rules for deducting losses on worthless securities is necessary to determine the correct timing of the loss deduction.

Taxpayers whose overall tax position in a given year would benefit from accelerating gross income or from converting current deductions into capital expenditures should consider the elective ...

In the past two decades, telecommuting has become an important part of American business. Telecommuting is the use of telecommunication to work outside the traditional workplace by means of an ...

This article focuses on the potential criminal consequences that can arise when a business fails to collect or pay over withheld tax.