The Tax Professionals Blog

Highlights of Internal Revenue Bulletin 2025-11 – 3/10/2025

Posted by Lee Reams Sr., BSME, EA on

IRS Bulletin 2025-11 is here. Updates include tax Appeals rules, excise tax changes, and 2025 depreciation limits.

Read more →


Surrogacy Fees

Posted by Lee Reams Sr., BSME, EA on

Are surrogacy fees taxable? We break down the IRS stance on income reporting, self-employment tax, and deductions for both surrogates and parents. Learn more about surrogacy tax treatment.

Read more →


Highlights of Internal Revenue Bulletin 2025-10 – 3/3/2025

Posted by Lee Reams Sr., BSME, EA on

In this release: IRS updates on corporate bond yield rates and proposed rules on corporate separations, incorporations, and reorganizations. Learn more in IRB 2025-10.

Read more →


Financial Disability

Posted by Lee Reams Sr., BSME, EA on

Financial disability can extend tax refund deadlines if a taxpayer is unable to manage finances due to a severe impairment. Learn more about eligibility and key rules.

 

Read more →


Highlights of Internal Revenue Bulletin 2025-9 – 2/24/2025

Posted by Lee Reams Sr., BSME, EA on

Key updates from Internal Revenue Bulletin 2025-9, including estate and gift tax guidance, corporate tax rules, and micro-captive transaction regulations.

Read more →