FEATURED ARTICLES & TAX TIP BLOG

From the Wall Street Journal — By Scott Patterson and Andrew Duehren  —  The Biden administration hopes to use generous tax credits to boost electric-vehicle sales and push automakers away from Chinese suppliers. A key material in EV batteries shows why it is proving...

From Barron's — By Jonathan I. Shenkman —  The core focus of retirement planning is on the accumulation of assets to live out one’s golden years. An important second consideration that many investors neglect is ways to minimize expenses in retirement, which will allow...

From Accounting Today — By Michael Cohn —  The Treasury Department and the Internal Revenue Service issued proposed regulations to update the investment tax credit rules to encompass various forms of renewable energy. The proposed regulations, which were posted...

From Kiplinger Personal Finance — By Kelley R. Taylor —  You’ve probably heard about the standard deduction, but did you know that the tax code offers a perk in the form of an extra standard deduction for people aged 65 or older? For eligible older adult filers, the...

From the Wall Street Journal – By Richard Rubin –   The Internal Revenue Service won a $109 million victory in federal court that will help the tax agency combat aggressive corporate tax maneuvers and collect more money from other companies. The IRS defeated...

From Accounting Today — By Roger Russell —  The working group being formed by the Internal Revenue Service to go after high-net-worth taxpayers that utilize pass-throughs and complex tax strategies to minimize their tax obligations has been called a game-changer,...