Amanda Reynolds is suing the IRS to recognize her dog as a dependent for tax purposes. She spends over $5,000 annually on her pet.

A New York lawyer is challenging the IRS in federal court. She wants to claim her golden retriever, Finnegan, as a tax ...

The U.S. tax code rewards planning and documentation—not procrastination. By taking action before December 31, you can ...

BOXX uses box spreads with European-style SPX options to synthetically replicate T-bill returns. Click here to find out why ...

The IRS does not count animals as dependents. Instead, the federal government views them as property. Dependents are often ...

Taxpayers must disclose foreign assets and income in revised ITR by December 31. Failure to report can lead to penalties.

New York resident and lawyer Amanda Reynolds cites Section 152 of the Internal Revenue Code, arguing that her dog Finnegan ...

Notice 2026-1 (the Notice) provides important guidance under Section 45Q of the Internal Revenue Code of 1986, as amended (the Code), for taxpayers claiming that carbon oxides are stored in secure ...

Marijuana may soon be rescheduled, and the biggest change could be taxes. Here’s how reclassification could lower tax bills ...

Nana Ama Sarfo questions whether two tax proposals targeting the digital economy could be targeted as discriminatory ...

The High Court held that GST demands for periods prior to approval of a resolution plan cannot survive once the plan is sanctioned under the IBC. Past statutory dues not forming part of the plan stand ...

Discover how IRS Publication 557 can guide your organization to secure and maintain tax-exempt status, ensuring compliance with essential IRS regulations.