The Tax Adviser—the magazine of planning, trends, and techniques—reports and explains federal tax issues to tax practitioners.

While expenditures may be qualified investments for the Sec. 48D advanced manufacturing investment credit, related grant ...

Applicability of sales and use taxes on digital products may in some cases hinge on the elusive definition of a computer ...

This article focuses on the potential criminal consequences that can arise when a business fails to collect or pay over withheld tax.

This article discusses what assets are treated as collectibles subject to the 28% rate, the netting process for collectibles gains and losses, how gains on the sale of collectibles are taxed, and ...

This item summarizes some fundamental income tax considerations for employers related to stock-based compensation under U.S. federal income tax laws.

Understanding the rules for deducting losses on worthless securities is necessary to determine the correct timing of the loss deduction.

Taxpayers and their advisers should consider some key issues before deciding that a composite return is the best choice.

Under Sec. 6751(b)(1), many penalties cannot be assessed by the IRS before written managerial approval is obtained by the immediate supervisor of the person making the initial determination of the ...

Taxpayers whose overall tax position in a given year would benefit from accelerating gross income or from converting current deductions into capital expenditures should consider the elective ...

During the normal course of business, a taxpayer may find itself the recipient or payer of a settlement or judgment as a result of litigation or arbitration. The federal tax implications of a ...

There are various types of PTO donation and leave-sharing programs, not all of which are disaster-related. The tax treatment to the donating employee differs based on the type of program.