The recent “innocent spouse” tax case of Zaheen v. Commissioner, T.C. Memo. 2026-7, is noteworthy in two respects. One, it reminds us that abuse permeates socioeconomic…
Feb. 9, 2026 – Today, the IRS released Revenue Procedure 2026-12 in Internal Revenue Bulletin 2026-7 regarding adequate disclosure to avoid certain penalties. What does it…
Are you planning to claim a tax deduction for donating a conservation easement? There are six key documents that must be complete and accurate. If you…
The IRS released an updated Form 8283, Noncash Charitable Contributions in December along with a draft of new instructions. The Form 8283 updates are administrative, and…
Article reposted from Bloomberg Tax website, written by Erin Schilling. Link to original article here. The IRS plans to offer a final settlement offer for conservation…