The Tax Adviser

Changing an existing LLC’s federal income tax classification

LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.

Trump’s ‘SALT torpedo’ penalty is coming for some of America’s highest earners — and could deal massive blow worth thousands. Here’s how to avoid it

An increase in the deduction limit sounds like great news for high earners — but take cover, because a high-speed tax penalty ...

Ask the Editor, October 31: Modified Adjusted Gross Income

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the meaning of modified adjusted gross income, or MAGI ...

How Savings Account Interest Is Taxed and What You Need to Know

Learn how interest from savings accounts, including HYSAs and CDs, is taxed. Understand reporting requirements and strategies ...
The Tax Adviser

Income tax purchase accounting considerations for a stock acquisition

Business advisers can help guide clients through the tax and accounting considerations of a corporate sale or purchase.

4 Moves to Make By Year-End to Get Tax-Free Student Loan Forgiveness

Learn the key steps to take before December 31 to qualify for tax-free student loan forgiveness—and avoid missing out on ...
GOBankingRates on MSN

I’m a Tax Expert: 5 Smart Moves To Prepare For Tax Changes Under Trump’s Big Beautiful Bill

The One Big Beautiful Bill comes with new tax provisions that will immediately affect taxpayers retroactive to the start of ...
National Law Review

IRS Issues Roth Catch-Up Contribution Rules for Highly Paid Participants

On September 16, 2025, the Internal Revenue Service (IRS) released a final regulation providing guidance on how plan sponsors should implement a requirement under the SECURE 2.0 Act for catch-up ...

Forms W-8BEN And W-9: Which To Use, When, And Why Many Get It Wrong

Using the wrong IRS form (W-8BEN vs. W-9) can trigger tax withholding, delays, corrections and worse. Know your tax status to ...
Des Moines Register

Bill for payment plans for Delaware school taxes signed into law

Delaware House Bill allows flexible tax payments for this year's bill, enabling at least three installments. The bill includes protections for compliant taxpayers against property seizures and passed ...