This update surveys recent federal tax developments involving individuals, including court cases, rulings, and guidance ...

The Tax Court denied deduction of a qualified conservation contribution of a façade easement, noting the building lacked a required listing in the National Register of Historic Places.

Certain tax rules and considerations specifically affect undocumented immigrants in the United States and their common circumstances, such as being ineligible for certain tax credits.

The Tax Court denied the IRS’s argument that the money, which the sheriff had repaid, was includible in her income as embezzled funds.

This update surveys recent federal tax developments involving individuals, including court cases, rulings, and guidance ...

U.S. persons face complicated and often surprising tax and compliance issues when acquiring or holding real estate located in the United State ...

Jacobs, J.D. Federal income tax credits have been used to incentivize investment in clean – energy projects for decades. The Sec. 48 energy credit is a component ...

The date on which a merger or acquisition closes for tax purposes depends on when the benefits and burdens of ownership transfer under the facts and circumstances.

Sec. 83 governs the tax treatment of digital assets that employees receive in connection with their performance of services.

Cancellation-of-debt income arises in a variety of merger-and-acquisition contexts, often with unclear tax treatment.

Remanufactured “cores,” or used vehicle parts, are essential to the automotive industry but present distinct special tax and accounting considerations.

As a major element of the federal government’s antipoverty efforts, the earned income tax credit has come a long way in its half-century.