Learn about IRS Bulletin 2024-44 updates, including HDHP preventive care expansions, new tax classification rules for Tribal entities, and final rules on repatriated intangible property.
Can you deduct mortgage interest without being legally liable for the loan? Learn how equitable ownership might allow you to claim deductions, even without legal title. Discover key Tax Court examples.
Explore IRS Bulletin 2024-43’s highlights: updates on long-term part-time employee rules for 403(b) plans, drought-related tax relief, and extensions for conservation easements and HUD–VASH eligibility.
Is roof replacement a deductible expense or a capitalized cost? This article discusses the IRS Cap and Repair Regulations and how safe harbor provisions affect small taxpayers with roof repairs.