The Tax Professionals Blog
Equity Based Crowdfunding
Posted by Lee Reams Sr., BSME, EA on

Helping clients raise funds through equity crowdfunding? Understand SEC rules, investor limits, and tax treatment to ensure compliance and guide campaigns to success.
Highlights of Internal Revenue Bulletin 2025-28 – 7/7/2025
Posted by Lee Reams Sr., BSME, EA on

IRS Bulletin 2025-28 is out with key July updates: new federal rate tables and guidance on energy community bonus credits. See what’s relevant for your tax planning.
Non-Resident Alien Employees
Posted by Lee Reams Sr., BSME, EA on

Learn how U.S. businesses can hire non-resident aliens abroad to avoid payroll taxes, reduce reporting, and maximize treaty benefits using Form W-8BEN.
Highlights of Internal Revenue Bulletin 2025-27– 6/30/2025
Posted by Lee Reams Sr., BSME, EA on

In this release, the IRS extends digital asset backup withholding relief, updates corporate bond yield curves, and announces credit phaseouts for oil recovery and marginal well production.
Managing Cancellation of Debt Income for Estates
Posted by Lee Reams Sr., BSME, EA on

In this article, we cover managing estate COD income, applying insolvency exclusions on Form 1041, protecting beneficiaries, and avoiding executor liability.