What Couples Need to Know About Medical Deductions for Surrogacy In a recent private letter ruling (PLR 202505002, 1/31/25), the IRS clarified that in vitro fertilization (IVF) expenses related to a surrogate are not deductible as.
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CPAs are licensed by a state licensing authority (for example, a state board of accountancy), and many states recognize licenses from other…
The US Treasury Department licenses EAs. The exam they take to get the credential is completely tax-related and written by the IRS. Before electing to…
Wealth taxes are often levied on an individual’s net wealth (total assets minus any debts payable) that exceeds a specific threshold each year…
The worth of a person’s possessions at the time of their death is subject to both estate and inheritance taxes. In contrast to inheritance…