Dec 15, 2022, 12:53 PM by Robert E. Duquette, CPA

The new corporate alternative minimum tax (CAMT) is a significant feature of the Inflation Reduction Act of 2022. There are situations in which the CAMT could apply that would not be obvious at first.

Dec 9, 2022, 07:00 AM by Jeffrey J. Schrader, CPA, MST, and Mary Lew Kehm, CPA

The tax benefits of health savings accounts and the tax reporting considerations. .

Sep 21, 2022, 15:40 PM by Mark L. Lubin, CPA, JD, LLM

Explains how knowledge of certain considerations coupled with caution can spare practitioners unnecessary tax expense and exposure when structuring closely held businesses.

Jun 21, 2022, 16:48 PM by Mark L. Lubin, CPA, JD, LLM

Discusses the best practices to determine tax basis of interests in business entities, including C corporations, S corporations, and partnerships while avoiding crucial errors.

Dec 7, 2021, 09:15 AM by Philip Karter, JD, LLM, and Kevin F. Sweeney, JD

Advises CPAs to ensure their clients are ready for a possible uptick in federal audits due to changes in tax legislation.

Aug 31, 2021, 08:01 AM by Barry D. Groebel, CPA

Details an attempt to resolve a private letter ruling with the Internal Revenue Service during a time of coronavirus, offering a step-by-step walkthrough of the issue, process, timeline, and resolution.