Current Articles

• Complimentary Christmas Gift For Tax Professionals: Corporate Tax Organizations And Tax Services Firms Greatly Benefit
  By TaxConnections Admin
  Whether you are a corporate tax executive, a public accounting firm or an independent tax services provider, you must ask yourself how organized your company’s or clients tax returns really are […]
• Ask Ed: Financial Planning Questions And Answers
  By Ed Mahaffy
  Ask Ed: Financial Planning Questions And Answers Question: Can capital losses be carried forward indefinitely? Answer: Yes Question: What is the “wash sale rule”? Answer: A wash sale takes place when […]
• IRS Publishes Proposed BBA Regulations On Special Enforcement Matters
  By Matthew Roberts
  Over 5 years ago, then President Obama ushered in sweeping changes to the method and manner in which partnerships are audited and partnership tax is assessed and collected through his signing of H.R. […]
• How The IRS Prioritizes Compliance Work On High Income Non-Filers Through National And International Efforts
  By IRS
  “Our pursuit of these high income non-filers provides an important service and shows respect to the majority of Americans who pay their taxes.” Like many at the IRS, I’ve dedicated my […]
• Treasury Warns Against Taking Deductions Related To PPP Funds
  By Ryan Dean
  As many practitioners and taxpayers know, the Paycheck Protection Program was created by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which Congress enacted in March. The PPP […]