The Tax Adviser

Condo casualty losses: Deductions for common-interest property

When disaster strikes a condominium or planned community, owners often pay for common-area repairs — but don’t always get the ...
The Tax Adviser

The end of deferral: Calculating QOZ gain recognition on Dec. 31, 2026

A critical milestone in the qualified opportunity zone program looms, and understanding how to calculate the required ...
The Tax Adviser

Fuel tax expirations and new refund provisions require IRS guidance and improved administration

With major fuel tax provisions expiring, the upcoming change to electronic payments, refunds for federal excise taxes, and ...
The Tax Adviser

VAT challenges in AI product development

Artificial intelligence may incrementally become a product’s component until it crosses a threshold into being a digital ...
The Tax Adviser

‘Stacking’ charitable contributions up to the 60% limit

The OBBBA sought to clarify AGI‑based charitable contribution deduction limits but instead added uncertainty over how those ...
The Tax Adviser

The historical shift in transfer pricing penalty enforcement

Editor: Mary Van Leuven, J.D., LL.M. The IRS’s enforcement of transfer pricing penalties has undergone a marked transformation in recent years. Historically, the assertion and sustenance of penalties ...