President Obama has announced he will nominate White House Chief of Staff Jack Lew to become the next Treasury secretary.

Article from Waller Law.

Now is the time for senior living facilities around the state to evaluate whether the facility is eligible for any property tax exemptions for 2019.

On April 21, 2011, the Finance, Revenue and Bonding Committee of the Connecticut General Assembly reported out of committee a number of bills implementing Gov. Malloy's tax proposals.

In this article, Tax Member Kevin Kenworthy and Senior Associate Caroline Reaves argue that recently proposed regulations concerning the foreign tax credit (FTC)

The IRS has published proposed regulations that, when issued in final form, will se-verely curtail the use of valuation discounts in order to transfer interests in family-controlled entities...

We recently examined lending as a U.S. trade or business and argued that loan purchases at initial issuance should be protected.

New BFH rulings bring greater certainty to the taxation of management equity participation. The court confirms that related income is generally treated as capital income rather...

After winning a trifecta in last month's elections, Republicans plan on passing most of their agenda through reconciliation.

Section 704(c)(1)(A) is a seemingly modest provision.

Earlier this week, AT&T and Discovery announced the proposed $43 billion merger of WarnerMedia with Discovery through a Reverse Morris Trust transaction, in what is the largest deal of 2021 thus far.

On Friday, House Speaker Ryan stated publicly that tax reform legislation will be included in one of two must pass budget resolutions this year, but it will be included in the fiscal 2018 budget resolution rather than in the earlier fiscal 2017 budget resolution.

In recent years, record numbers of foreign students have enrolled in graduate and undergraduate programs at U.S. colleges and universities.

Partners Jay Singer and Alexander Lee discuss the ins and outs of the section 163(j) limitation as it applies to consolidated groups, partnerships, and other US taxpayers.

By a vote of 51 to 49, the U.S. Senate passed the "Tax Cuts and Jobs Act."

Congress continued its legislative work last month on the more than 50 tax provisions that expired at the end of 2013.

As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting deadlines.

Article from Waller Law.

State & Local Provisions - Video

State Tax After Reform…Where Are We Going?