Featured Content

Best Practices for Correcting Tax Return Errors

Using a qualified amended return can avoid accuracy-related penalties

May 15 • Thomas A. Gorczynski

Value Pricing in the Tax Industry

Tax practitioners can build healthier and sustainable practices using value pricing concepts

May 8 • Thomas A. Gorczynski

What Happens When a Taxpayer Dies with Passive Losses?

The §469 passive loss rules do not allow for their entire use in most cases

May 1 • Thomas A. Gorczynski

COVID-Era Refund Claims Due July 10, 2026

Taxpayers may be entitled to billions in penalty and interest refunds due to the Kwong case

Apr 17 • Thomas A. Gorczynski

An Overview of the Enhanced Senior Deduction

This deduction can help lower tax liabilities for most seniors age 65+

Apr 10 • Thomas A. Gorczynski

Refund Statute Closing Soon on Unfiled 2022 Returns

Some taxpayers can file after April 15, 2026 and get a full or partial refund

Mar 27 • Thomas A. Gorczynski

Rental Activities and the §199A Qualified Business Income Deduction

The §199A deduction is a commonly missed opportunity for rental activities

Mar 20 • Thomas A. Gorczynski

AI and the §7216 Disclosure and Use Rules

§7216 prohibits the disclosure and use of certain information by tax return preparers

Mar 19 • Thomas A. Gorczynski and Josh Youngblood, EA, CRETS

IRS to Implement Mid-Season Adoption Credit Calculation Change

This revision will significantly boost refund amounts in tax year 2025 and forward

Mar 11 • Thomas A. Gorczynski

Key Entity Actions to Consider Before March 15

Entities have until March 16, 2026 to take many important actions (the normal March 15, 2026 deadline falls on a Sunday, so it is moved to the next…

Mar 6 • Thomas A. Gorczynski

IRS Quietly Changes Tips Deduction Calculation Mid-Season

The change adds more confusion for non-employees claiming the tips deduction

Mar 3 • Thomas A. Gorczynski

The Secret of the Superseding Tax Return

It is one of the few ways to undo a married filing joint tax return

Feb 20 • Thomas A. Gorczynski

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