IRS Releases Guidance on New Depreciation Deduction

A new but temporary special depreciation allowance for qualified production property (QPP) was...

New provisions for 2026 may affect your tax planning

The many tax-related provisions that went into effect last year after the One Big Beautiful Bill...

Navigating U.S. Tax and Regulatory Requirements: A Guide for International Companies

International businesses entering or expanding into the U.S.market often underestimate the...

Understanding Key Differences Between U.S. Sales and Use and Value-Added Taxes

Most countries levy some form of indirect consumption tax,but there are key differences between...

IRS Extends Transition Period for State-Paid Medical Leave Benefits

The IRS has extended for one more year the transition period for medical leave benefits that a...

Legislative Roundup: Final Spending Bills Cut IRS Funding and Omit Tax Priorities

President Donald Trump signed a government funding compromise on February 3 that locks in...

IRS Extends Transition Period for State-Paid Medical Leave Benefits

The IRS has extended for one more year the transition period for medical leave benefits that a...

District of Columbia Takes Emergency Action to Curb OBBBA-Related Revenue Loss

The District of Columbia has enacted emergency legislation (A26-0214) to counteract potential...

The Multi-State Tax Myth: Why More States Doesn't Always Mean More Tax

One of the most common misconceptions I encounter when discussing state tax compliance with real...

IRS Issues Guidance on Trump Accounts

The One Big Beautiful Bill Act (OBBBA) creates a new type of tax-advantaged account for eligible...