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...

Tax-Free Qualified Disaster Relief Payments to Employees in Connection With COVID-19 Will End May 11, 2023

Tax-Free Qualified Disaster Relief Payments to Employees in Connection With COVID-19 Will End May...

IRS, Treasury Issue Interim Guidance on Stock Repurchase Excise Tax

IRS, Treasury Issue Interim Guidance on Stock Repurchase Excise Tax

President Biden’s Proposed Budget Includes Notable Tax Provisions

President Biden has released his proposed budget for the federal government for the 2024 fiscal...

Inflation Reduction Act: Costs and Benefits for Real Estate & Construction

Inflation Reduction Act: Costs and Benefits for Real Estate & Construction

New WV Pass-Through Entity Tax Effective Tax Years January 1, 2022

New West Virginia Pass-Through Entity Tax Effective Tax Years January 1, 2022

U.S. Supreme Court rules against the IRS on critical FBAR issue

U.S. Supreme Court rules against the IRS on critical FBAR issue The U.S. Supreme Court recently...

IRS, Treasury Release Corporate AMT Interim Guidance

IRS, Treasury Release Corporate AMT Interim Guidance