Promoters market monetized installment sales as a strategy to receive all of the proceeds from the sale of a highly appreciated asset in the year of the sale but defer paying the corresponding tax ...

Ask the owner of a closely held business to describe their most recently recurring nightmare and you are likely to get an earful regarding the prospect of an increased federal income tax on their ...

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The IRS typically updates their list of issues that they believe are not proper. This is commonly referred to as the Dirty Dozen list. The latest Dirty Dozen list starts with Employee Retention Credit ...

The IRS has again this year issued a warning about questionable tax practitioners and promoters of schemes aimed specifically at wealthy taxpayers. Part of the agency’s latest annual "Dirty Dozen" ...

The Internal Revenue Service and the Treasury Department want to curb the use of some types of monetized installment sale transactions by listing them as potentially abusive tax dodges. Processing ...

A tax strategy that seeks to delay expensive hits from the sale of assets like a real estate property or a business would face greater scrutiny from the IRS under a new proposed rule. Regulators "are ...

On March 31, 2023, the Internal Revenue Service sent out a newswire (IR 2023-64), with a warning to “high-income filers” regarding “abusive arrangements.” The IRS identified charitable remainder ...