November 03, 2025 · Lee Reams Sr., BSME, EA

Highlights of Internal Revenue Bulletin 2025-45 – 11/3/2025

Highlights from IRS Bulletin 2025-44: guidance on vehicle loan interest reporting, updated PCORTF fees, and inflation-adjusted items for...

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October 29, 2025 · Lee Reams Sr., BSME, EA

Renter Lease Buy-Out

Learn how lease buy-outs are taxed under IRC Sections 61, 1221, and 1231. Understand capital gain treatment and key strategies for landl...

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October 27, 2025 · Lee Reams Sr., BSME, EA

Highlights of Internal Revenue Bulletin 2025-44 – 10/27/2025

IRS Bulletin 2025-44 highlights CAMT interim guidance and new rules for 2025 substitute forms and schedules under Rev. Proc. 2025-27.

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October 22, 2025 · Lee Reams Sr., BSME, EA

General Welfare Exclusion

Some government payments aren’t taxable under the General Welfare Exclusion. Learn how this rule helps reduce taxable income and support...

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October 20, 2025 · Lee Reams Sr., BSME, EA

Highlights of Internal Revenue Bulletin 2025-43 – 10/20/2025

IRS Bulletin 2025-43 is out! Get updates on Corporate AMT guidance, excise tax deposit relief, rural area definitions, housing credit re...

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October 15, 2025 · Lee Reams Sr., BSME, EA

Lemon Law

Tax pros: Lemon Law settlements can trigger complex tax issues. Learn how to separate taxable from non-taxable proceeds, handle legal fe...

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