The Tax Professionals Blog

Did you know Medicaid waiver payments can still count as earned income for EITC and ACTC? Learn how the Feigh case and IRS guidance affect your taxes and potential refunds.

In this release, learn more about the MACRS Quick Life Chart, a helpful guide for asset class lives frequently encountered in tax prep. Reference key IRS Revenue Procedures for added clarity.

In IRS Bulletin 2025-2, learn about RMD regulation updates, corrections to prior announcements, and key income tax clarifications. Essential insights for tax professionals. 

Can you deduct HOA dues? It depends! Discover how property use impacts deductions for rental income, home office, real estate taxes, and more.

Discover the latest IRS rulings and procedures in IRB 2025-1, including updates on administrative guidance, employee plans, exempt organizations, and technical advice.