AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating [Long-Term ICR] and affirmed ...

I confess that I jumped to a conclusion after seeing the scroll at the bottom of the news feeds that read, “Trump vows to ...

Your traditional IRA has served you well, but when your heirs inherit it, watch out. Consider some of these strategies to ...

A taxpayer could not deduct purported business expenses associated with writing and research activities held to be not engaged in for profit under Sec. 183.

Unauthorized distributions to a corporation’s shareholders did not terminate an entity’s S status since the shareholders did not authorize or create a second class of stock in the entity’s governing ...

A-list drama actress Judy Ann Santos recalled the case filed by the Bureau of Internal Revenue (BIR) back in 2005.

Rather than viewing audits as drudgery or simply a compliance exercise, business leaders can use them as a strategic tool to ...

Executors must choose between a calendar year or fiscal year for an estate’s taxable year, a decision with lasting financial ...

The preparers filed for pandemic-related tax credits on behalf of ineligible clients and then netted hefty filing fees, officials said. By Adeel Hassan Two Mississippi tax preparers used multiple ...

The Internal Revenue Service (IRS) issued Notice 2024-85 this week, granting transitional relief for third-party settlement ...

So, as Newsom calls for a special legislative session to figure out how to protect Californians from losing their freedoms, ...

After a complicated and delayed launch last year, the Department of Education released the 2024-25 Free Application for ...