In the recent November election, California voters passed Proposition 19 by a slim margin.
Holland & Knight
The U.S. Department of the Treasury (Treasury) issued proposed regulations (the Proposed Regulations) on April 8, 2020, that would restrict foreign persons' ability to minimize U.S...
Coronaviruses are named for the crown-like spikes on their surface. The combination of the "Two Crowns" - COVID-19 alongside the return of Crown Preference
The parties recently completed briefing on an IRS motion for partial summary judgment in Western Digital Corporation v. Commissioner.
McLane Middleton, Professional Association
A primary concern of all New Hampshire business owners during the coronavirus pandemic is to minimize business taxes, including, of course, New Hampshire taxes.
Dickinson Wright PLLC
Employers know that wages are generally subject to the Federal Insurance Contributions Act ("FICA"), and that both employers and employees are liable for a portion of FICA on those wages.
Ropes & Gray LLP
In a recent Tax Notes Federal article, tax associate Bob Kane analyzes Notice 2020-69 and the S corporations and shareholders that would benefit from ...
Paul Weiss Rifkind Wharton & Garrison
As the year 2020 draws to a close, and the word "unprecedented" begins to wear thin, tax planning remains an ever-important goal. Although the details of President-elect Biden's gift and estate tax...
Cadwalader, Wickersham & Taft LLP
Although quantitative analysis is necessarily subject to considerable uncertainty, many commentators estimate that Biden's tax plan would raise federal revenues by $2 trillion to $2.5 trillion over the next decade.
Cadwalader, Wickersham & Taft LLP
The CARES Act established the PPP to help small businesses pay payroll costs and other eligible expenses during the COVID-19 emergency.
On September 1, 2020, the IRS issued final regulations regarding the base erosion and anti-abuse tax codified in IRC §59A.
In February 2020, the Organization for Economic Cooperation and Development released Transfer Pricing Guidance on Financial Transactions.
And yet that is precisely the headline from a recent district court decision in the Western District of Washington.
Last week, the IRS issued new guidance that addresses "telescoping" in mutual agreement procedure ("MAP") and advance pricing agreement ("APA") cases.
Addressing the tax challenges arising from the digitalization of the economy has been a top priority of the OECD since 2015.
Duane Morris LLP
First and foremost, we hope that you, your family and all of your loved ones are remaining safe and healthy during this incredibly difficult year, which has been challenging on many different levels.
Frost Brown Todd
A stockholder must hold QSBS for more than five years in order to take advantage of Section 1202's generous gain exclusion.
Stradley Ronon Stevens & Young, LLP
IRS Provides Safe Harbor for Deducting Expenses if PPP Loan Is Not Forgiven
Hodgson Russ LLP
SALT practitioners and owners of pass-through entities have been waiting anxiously since the passage of the Tax Cuts and Jobs Act ("TCJA") to see if the IRS would go after the deduction for...
Sheppard Mullin Richter & Hampton
Recently passed Proposition 19 will seriously limit the ability to transfer California real property to a child without causing a reassessment and higher property taxes.