Tax Blog

A recent U.S. Tax Court case highlighted the importance of filing a timely return and the effects that non-filing can have on itemizing deductions.

On April 18, the Internal Revenue Service issued a bulletin concerning possible penalty relief for taxpayers who claimed the Employee Retention Credit.

In Sharon A. Struble v. Commissioner T.C. Summary Opinion 2022-1, the Tax Court clarified expectations for a mileage logbook to claim a tax deduction or employer reimbursement for business miles driven.

Learn what the so-called jock tax is, who is affected by it, and how to plan for its impact on taxes.

This EisnerAmper webinar reviewed the fundamentals of accounting for income taxes and key considerations for the 2021 year-end provision.

Effective for tax year 2021 only, the American Rescue Act of 2021 has expanded the Child Tax Credit (“Credit”) in a two-tiered process.

What might opponents of the Build Back Better plan want in order to reconsider their nay votes, and what could this mean for the tax provisions under the plan?

The Build Back Better Act, passed by the House and currently under consideration in the Senate, could potentially reduce the tax benefits of IRC Sec. 1202.

President Biden signed into law the Infrastructure Investment and Jobs Act, eliminating the ERC for the fourth quarter of 2021, except for Recovery Start Up Businesses (“RSBs”). Opportunities remain for eligible employers to claim the ERC for calenda…