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IRS Extends Drought Tax Relief for Farmers and Ranchers
The IRS is extending tax relief for farmers and ranchers who sold livestock because of drought, giving them more time to replace animals and defer gains.
Tax News & Analysis
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You Be The Tax Judge: Ream v. Treasury
Can Congress ban home distilling to protect federal tax revenue? You be the Tax Judge in Ream v. Treasury, a real case involving whiskey, taxes, and constitutional power.
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Your First Look at 2027 Tax Brackets, Standard Deduction Amounts and More
Get a first look at projected 2027 tax brackets, standard deduction amounts, capital gains thresholds, retirement limits, estate and gift tax amounts, and more.
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What Is a Casualty Loss? Taxes From A to Z®
Casualty and theft loss rules have changed significantly in recent years. Here’s what taxpayers need to know about disaster losses, scam-related theft losses, and the records needed to support a deduction.
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Trump Promised Americans $5,000 if Republicans Win Congress. Here’s the Math.
Trump has promised $5,000 payments to adult U.S. citizens if Republicans win Congress. Here’s the math, the funding questions, and what we know so far.
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Getting to Know You Tuesday: Samantha M. Besnoff
Getting To Know You Tuesday: Meet Samantha M. Besnoff, CPA, owner of Your Financial Maven®, and learn about her career in accounting and financial education.
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Tax Court Is Changing Where (and How) Taxpayers Go to Trial
Tax Court adds five trial cities, opens all 79 locations to regular cases, and plans to test a new approach to managing cases in 2027.
