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Is a Capital Gains Tax Cut on the Horizon?

President Donald Trump is reportedly pushing for another change in tax policy by indexing capital gains for inflation. Implementing the change is projected ... read more >

Completed Contract Method Permitted for Grading and Soil Compaction

In Technical Advice Memorandum (TAM) 201650014, the IRS has determined that long term contracts requiring grading and soil compaction qualify for the completed ... read more >

IRS Releases 2015 Inflation Adjustment Amounts

Retail|Tax

By Kristen Sorice

Each year, the IRS adjusts certain tax provisions, tax tables, and other tax items for inflation. On October 31, 2014, the IRS released Rev. Proc. 2014-61, ... read more >