The Tax Professionals Blog
Converting a Home into a Rental
Turning a home into a rental? Learn how basis, depreciation, and gain vs. loss rules work—and how Section 121 may still help reduce taxable gain.
Read More
Highlights of Internal Revenue Bulletin 2025-48...
This week’s IRS Bulletin highlights penalty relief for 2025, updated 2026 interest rates, and new safe harbor guidance for digital asset investment trusts. Learn what’s new and who it impacts.
Read More
Qualified Small Business Stock
Learn how Qualified Small Business Stock (QSBS) can reduce capital gains tax, key requirements, exclusion limits, rollovers, and planning strategies for investors.
Read More
Highlights of Internal Revenue Bulletin 2025-46...
This week’s IRS Bulletin 2025-47 highlights new QPA indexing factors for 2026 services under the No Surprises Act. Learn how updated median rates and CPI adjustments impact cost sharing.
Read More
Employer Stock Options
Employer stock options can be rewarding but tricky. Learn how NSOs and ISOs affect taxable income, AMT, and long-term capital gains planning.
Read More
Tax Loss Harvesting
Help clients improve tax efficiency with tax loss harvesting. Learn how to offset capital gains, reduce taxable income, and stay compliant with IRS rules in this strategic guide.
Read More