Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

Issues arise when taxpayers claim positions generating benefits that arguably exceed those contemplated by Congress and the IRS. When this occurs, enforcement actions begin, and participating ...

The Internal Revenue Service has issued new regulations on determining basis interest in charitable remainder trusts (CRTs), which took effect on Aug. 12. To understand the new regulations, it's ...

This beauty's a steal; what a Lady; medical miscreants; and other highlights of recent tax cases. Processing Content Durham, North Carolina: Businesswoman Carol Jean Darrow, of Raleigh, North Carolina ...

A recent Tax Court case, Estate of Block v. Commissioner, T.C.M. (RIA) 2023-030 (T.C. 2023), examined whether a Connecticut estate could claim a charitable deduction under Internal Revenue Code ...