Month: August 2026

The federal tax code provides numerous ways for businesses and successful individuals to minimize their tax obligations. Credits, deductions and a host of other special tax rules make it possible to honestly report income levels and financial circumstances and still...

Divorce and child custody disputes sometimes concern tax-related matters. For example, when one parent claims a child as a dependent despite a custody order or divorce decree stating that the other parent is entitled to do so, challenges can arise.  The IRS has its...