GOBankingRates on MSN5h
I’m a Tax Expert: 3 Records You Should Keep Indefinitely Once Your Taxes Are Filed
While it could be tempting to throw away documents after filing tax returns, doing so could put you at financial and legal ...
Basis Shifting: What It Is and Why the IRS Wants It to End
It's called basis-shifting, which is a complicated tax hack where businesses or individuals move the value of their assets, ...
Can you deduct closing costs on your taxes?
Some might be. In general, most closing costs are not tax-deductible. This is because the IRS regards them as part of the ...
JD Supra8d
Newly Released Final Regulations on Partnership Basis-Shifting Transactions
On January 10, 2025, the United States Internal Revenue Service (the "IRS") released final regulations (the "Final ...
SRV: 13% Yield, Tax Deferred Distributions, No K-1
Discover SRV, a CEF with midstream energy stocks offering a $0.45 monthly distribution. Benefits include no K-1 forms or UBTI ...
Investopedia2d
What Are the Tax Implications of Owning a Master Limited Partnership?
If the basis reaches zero ... It's important for investors to understand the federal and state tax implications before investing in MLPs. Article Sources Investopedia requires writers to use primary ...