If you experience a wash sale, the capital loss disallowed by the IRS is included in the cost basis of the replacement stock.

In Revenue Procedure 2025-31 (Rev Proc), released November 10, 2025, the Internal Revenue Service (IRS) announced a safe harbor (Safe Harbor) that, ...

The taxpayer’s predeceased spouse’s estate failed to timely file an estate return and did not qualify for the safe harbor in Rev. Proc. 2017-34, so its portability election was invalid, the Tax Court ...

When it comes to business taxes remember: money in your hands is more valuable than money owed to you by the IRS. You can’t ...

The One Big Beautiful Bill Act passed in July 2025, made some long-awaited permanent changes to the tax code. But as we approach the end of the year, our focus must shift to the new, temporary ...

IRS staking rules favor single-asset ETFs for compliance stability. Slashing liability remains ambiguous among custodians and providers. Private, off-exchange trusts excluded from new staking relief.

Included in President Trump's One Big Beautiful Bill Act is a provision that allows certain categories of workers to deduct up to $25,000 in what are classified as "qualified tips" per year. This ...

Two local political figures and Travis County taxpayers are suing county officials, alleging they illegally used a disaster tax to justify a 9.12% property tax hike. The Travis County Commissioners ...

Bernstein Litowitz Berger & Grossmann partner Gregory Varallo told the court Senate Bill 21 represented an unprecedented attempt to check the Court of Chancery's equitable powers. Delaware's balance ...