Tax Law Center Blog
Alternative Minimum Tax (AMT): What You Need to Know
Have you heard of the AMT (Alternative Minimum Tax)? It is a tax system intended to ensure that wealthy individuals and corporations pay their fair share of taxes. However, the AMT, like many other aspects of taxation, can be perplexing. In this blog post, we'll...
Tax-Advantaged Investments: What They Are and How They Work
Tax-advantaged investments shield some or all of an investor's earnings from taxation, allowing them to reduce their tax liability. Municipal bondholders, for example, earn interest on their bonds during the bond's life. What Are Tax-Advantaged Investments?...
The Role of Taxation in Corporate Governance
Today we'll discuss the function of taxation in corporate governance. Taxes aren't the most interesting issue, but they significantly impact how businesses are handled and controlled. So, let's get started! What Is Corporate Governance? First and foremost, let us...
Estate Planning and IRS Taxes
Welcome to the topic Estate Planning and IRS Taxes: Minimizing Tax Liability for Your Heirs. Estate planning is something that many people put off since it may be a sensitive subject. Nevertheless, it is an important component of financial planning that can...
Cryptocurrency and IRS Taxes: What You Need to Know
Welcome to the topic Cryptocurrency and IRS Taxes: What You Need to Know. In recent years, cryptocurrency has become a buzzword as more and more individuals have invested in it. While cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin provide numerous benefits,...
Red Flags that Trigger an IRS Tax Audit and How to Avoid Them
This tax season, as the IRS begins to deploy its almost $80 billion in cash, there has been increased worry about IRS audits. While the IRS intends to add more employees, including enforcement officers, experts say there is no need to be concerned as long as adequate...