Taxpayers may be subject to the risk that an IRS examination could increase (or create) a gift tax or estate tax liability many years after a gift is made. Practitioners can help clients limit this ...

Tax practitioners should be familiar with the special rules that apply and issues that can arise when an accounting method change is made while a taxpayer is under IRS examination.

The Trump administration on Friday unveiled more details of the president’s vision for how to fund the government in fiscal year 2026, expanding on its request earlier this month for steep ...