Disclosure is a type of extra explanation. You are required to disclose enough detail to tell the IRS what you are doing. But ...

MSOs challenging IRC section 280E typically employ sophisticated, multi-layered strategies that combine statutory interpretation, nuanced entity structuring, and meticulous internal documentation.

As the IRS faces dramatic staffing cuts, wealthy tax cheats are finding it easier than ever to skip paying their fair share.

The interest and penalties will also compound over time, so even a modest tax debt can quickly turn into an overwhelming ...

The election of Pope Leo XIV, a U.S. expat, serves as a timely reminder for all Americans overseas to ensure they're compliant with worldwide income and asset reporting.

BTCI's covered call strategy with Bitcoin, offering tax-efficient income and steady returns. Read more to know how BTCI is ...

High Income does well in tracking upsides while outperforming in adverse market cycles. Learn more on QQQI ETF here.

The REX FANG & Innovation Equity Premium Income ETF (FEPI) was previously flagged as risky and potentially underperforming against diversified tech ...

But aggressive efforts to dismantle the IRS combined with ... income to the tariff-income tax trade-off are unlikely to find much help from improved economic and employment conditions.

Under the Income Tax Act, the CRA may impose gross negligence penalties when a taxpayer knowingly or carelessly makes a false statement or omission in their tax return. O’Riordan said CRA staff “are ...