The Tax Professionals Blog
Highlights of Internal Revenue Bulletin 2025-2 ...
In IRS Bulletin 2025-2, learn about RMD regulation updates, corrections to prior announcements, and key income tax clarifications. Essential insights for tax professionals.
Read MoreHomeowner Association Dues
Can you deduct HOA dues? It depends! Discover how property use impacts deductions for rental income, home office, real estate taxes, and more.
Read MoreHighlights of Internal Revenue Bulletin 2025-1 ...
Discover the latest IRS rulings and procedures in IRB 2025-1, including updates on administrative guidance, employee plans, exempt organizations, and technical advice.
Read MoreBeneficial Owner Reporting Injunction
A nationwide injunction temporarily halts enforcement of the Corporate Transparency Act, delaying Beneficial Ownership Information reporting. Tax pros must stay informed as the case progresses.
Read MoreHighlights of Internal Revenue Bulletin 2024-52...
Dive into the latest IRS Internal Revenue Bulletin 2024-52. Learn about tax reform updates, employee plan changes, and new energy credit regulations shaping the 2024 tax landscape.
Read MoreBelow Market (Gift) Loans
Did you know below-market loans can have tax consequences? Learn how gift loans, employer loans, and AFR rates impact taxes. Discover exceptions and strategies here!
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