IRS

Before launching a campaign, make sure you understand all of the tax implications of crowdfunding.

While IRS customer service is getting better, the agency is prone to stumble, particularly when technology is involved.

GM, Tesla, and Ford all have at least one EV that qualifies, while Ford and Stellantis have one eligible plug-in hybrid model.

The Tax Court denied net operating loss carryforwards for a CPA who operated several Fuddruckers restaurants.

The favorable tax treatment isn’t automatic. To avoid current tax, you and the qualified intermediary must sign a "Qualified Exchange Accommodation Agreement."

Taxpayers usually have three years to file and claim their tax refunds. If they don't file within three years, the money becomes the property of the U.S. Treasury.

if you can’t present clear and convincing evidence that the loan is tied to a business transaction, the transaction may be deemed to be a gift.

Depending on the circumstances, it may be better to bypass the exclusion on a current sale and save it for the time when it will do you more tax good.