The Tax Professionals Blog

Getting a refund on LTC premiums? Learn how the tax benefit rule may make part of that refund taxable—plus key rules on lookback periods, IRD, and applying refunds to future premiums.

Rev. Proc. 2025-19 outlines 2026 HSA and HRA inflation adjustments. Access the full IRS Bulletin in PDF format for official guidance and administrative updates.

In this article, we clarify whether taxpayers must file a return to preserve capital loss carryovers and explore why filing—even if not required—may be a wise tax move.

IRS Bulletin 2025-20 highlights the 2025 inflation adjustment for § 45Q carbon capture credits and the 2024 reference price under § 45K for energy production tax incentives.

Learn key IRS rules for property transfers between spouses in divorce, including basis, Sec 121 exclusions, buy-out debt, and passive loss carryovers.