U.S. Tax Court Rules IRS Lacks Statutory Authority to Assess Penalties for Failure to File Form 5471

U.S. Tax Court Rules IRS Lacks Statutory Authority to Assess Penalties for Failure to File Form 5471

Maryland Court Strikes Down Digital Ad Tax

Maryland Court Strikes Down Digital Ad Tax In a written order issued on October 20, 2022, a...

How Energy Companies Can Maximize IRA Renewable Energy Credits

How Energy Companies Can Maximize IRA Renewable Energy Credits A Checklist for Energy Companies ...

What’s in the Fiscal Responsibility Act?

What’s in the Fiscal Responsibility Act? President Biden has signed into law the new debt ceiling...

Step-by-Step Guide to SALT Compliance for SaaS Companies

Step-by-Step Guide to SALT Compliance for SaaS Companies Tax obligations can be extremely...

Biden Administration Releases 2024 Budget, Green Book

Biden Administration Releases 2024 Budget, Green Book The Biden administration on March 9 unveiled...

Social Security’s Future: The Problem and the Proposals

Social Security’s Future: The Problem and the Proposals Recent reports have raised new concerns...

IRS Denies Basis Step-up for Assets of Irrevocable Grantor Trust Not Included in Grantor’s Estate

IRS Denies Basis Step-up for Assets of Irrevocable Grantor Trust Not Included in Grantor’s Estate

IRS guidance coming regarding the IRA’s Clean Vehicle Credit

IRS guidance coming regarding the IRA’s Clean Vehicle Credit The Inflation Reduction Act (IRA)...

PA Supreme Court Upholds DOR’s Interpretation on Sourcing Services

Pennsylvania Supreme Court Upholds DOR’s Interpretation on Sourcing Services On February 22, the...