The Tax Professionals Blog
Real Estate Professional Rules and Rental Loss ...
This article explains the $25,000 rental passive loss allowance and how qualifying as a real estate professional may allow unlimited loss deductions. Learn more about eligibility and planning strategies.
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Highlights of Internal Revenue Bulletin 2026-05...
In this release, we cover highlights from Internal Revenue Bulletin 2026-05, including proposed and final regulations affecting income tax, excise tax, employment tax, and information reporting requirements. Access to Full...
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Installment Sales Under IRC Section 453 Explained
Learn how installment sales under IRC Section 453 allow taxpayers to defer gains, manage cash flow, and weigh tax benefits against potential risks.
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Highlights of Internal Revenue Bulletin 2026-04...
Review key IRS updates from IRB 2026-04, including excise tax guidance, exempt organization procedures, mileage rates, credits, and final regulations.
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Understanding the Augusta Rule for Homeowners
The Augusta Rule allows up to 14 days of tax-free rental income. Learn how it works, who benefits, and how tax pros can document and apply it correctly for clients.
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Highlights of Internal Revenue Bulletin 2026-3–...
IRB 2026-03 outlines updates to DOJ/IRS contacts, foreign government investment rules, federal rate tables, and withdrawn innocent spouse proposals.
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