IRS notified taxpayers that it has created a new app (App) to securely access IRS tools and account services through their mobile devices, replacing the former IRS2Go app.

Introduced in early January 2025, the Clergy Act (Act) was signed into law on October 20, 2026, allowing certain qualifying ministers, members of religious orders, and Christian Science practitioners (Clergy Members) who previously opted out of the Social Security system a second chance to re-enroll.

Contributing low basis stock from an incentive stock option plan to a charitable remainder trust defers recognition of capital gain.

This article discusses an often‐neglected aspect of charitable giving: how charitable organizations can dispose of charitable gifts. All gifts need an exit strategy. Sometimes the strategy is simple: sell the marketable security. Sometimes, there is no exit strategy—consider a charity that accepts toxic land. Most gifts fall somewhere in between, with multiple potential exit strategies that should be considered before the gift is accepted.