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IR-2023-133, July 24, 2023WASHINGTON — As part of a larger transformation effort, the Internal Revenue Service today announced a major policy change that will end most unannounced visits to taxpayers by agency revenue officers to reduce public confusion and enhance overall safety measures for taxpay..

CorporationsThe term corporation, for federal income tax purposes, generally includes a legal entity treated as separate from the persons who formed it under federal or state law or the shareholders who own it. It also includes certain businesses that elect to be taxed as a corporation by filing For..

by Ken Berry  Jul. 28, 2023    Although Congress has chipped away at many traditional tax shelters in recent years, the main benefits of life insurance remain intact.No one is saying that permanent whole life insurance is the greatest invention since the wheel was created. But this estate planning c..