Spidell's Federal Tax Minute

This week, we’re covering some of the tax benefits available to military members serving in a combat zone.

This week we’re discussing when legal fees may still be deductible above the line on the 1040.

This week, we’re discussing what to consider when choosing a trustee to manage assets in a trust.

This week, we’re covering continuing care retirement communities and medical expenses.

This week we’re discussing wealth planning with intrafamily loans.

This week we’re covering new Form 7217 for reporting property distributed by partnerships in either a liquidating or nonliquidating distribution.

This week, we’re talking about the risks of a compromised CAF number and the IRS’s process for handling these.

This week we’re talking about the exemption that “large” companies have from beneficial ownership information reporting requirements.

Certain provisions of the SECURE 2.0 Act could affect amounts reported on Form W-2.

This week we’re talking about how taxpayers can know when a call from a private collection agency is legitimate.