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

Taxpayers are shifting back toward human tax professionals, with trust in AI for filing slipping across every generation, ...

Requested guidance can be provided through modifications to Rev. Proc. 2025-28 and/or other published guidance.

The convergence of accelerating inflation and heightened tariff costs creates optimal conditions for adopting LIFO, but taxpayers need to understand the benefits and act promptly.

In Zuch, Jennifer Zuch and Patrick Gennardo were married from 1993 to 2014. In September 2012, they delinquently filed separate returns for the 2010 tax year. Prior to filing these returns, in June ...

Editor: Susan M. Grais, CPA, J.D., LL.M. The IRS found in Letter Ruling 202533005 that a community trust and a nonprofit corporation that is controlled by the trust and supports the trust’s charitable ...

Amid new limitations, strategies remain for optimizing tax-efficient support for colleges and universities.

Sec. 132(a)(1) excludes from an individual’s gross income any fringe benefit that qualifies as a no–additional–cost service. A no–additional–cost service is any service provided by an employer to an ...

A corporation’s annual charitable contribution deduction cannot exceed 10% of the corporation’s taxable income Sec. 170(b)(2)(A)), computed without regard to the following (Sec. 170(b)(2)(D)): Law ...

Editor: Susan M. Grais, CPA, J.D., LL.M. Treasury and the IRS in September released proposed regulations (REG–110032–25) with guidance on the new federal income tax deduction for tips, which was ...

Editor: Susan M. Grais, CPA, J.D., LL.M. In Notice 2025–42, released on Aug. 15, 2025, the IRS updated the rule for determining when construction has begun on wind and solar facilities for purposes of ...