Real Estate Professional Rules and Rental Loss Deductions
This article explains the $25,000 rental passive loss allowance and how qualifying as a real estate professional may allow unlimited loss...
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The Tax Professionals Blog · 446 articles
Highlights of Internal Revenue Bulletin 2026-05 - 1/26/2026
In this release, we cover highlights from Internal Revenue Bulletin 2026-05, including proposed and final regulations affecting income ta...
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Installment Sales Under IRC Section 453 Explained
Learn how installment sales under IRC Section 453 allow taxpayers to defer gains, manage cash flow, and weigh tax benefits against potent...
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Highlights of Internal Revenue Bulletin 2026-04 - 1/20/2026
Review key IRS updates from IRB 2026-04, including excise tax guidance, exempt organization procedures, mileage rates, credits, and final...
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Understanding the Augusta Rule for Homeowners
The Augusta Rule allows up to 14 days of tax-free rental income. Learn how it works, who benefits, and how tax pros can document and appl...
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Highlights of Internal Revenue Bulletin 2026-3– 1/12/2026
IRB 2026-03 outlines updates to DOJ/IRS contacts, foreign government investment rules, federal rate tables, and withdrawn innocent spouse...
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