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  • Article

    Structuring Like-Kind Real Estate Exchange Treatment

    The Code requires that a seller seeking like-kind exchange treatment acquire the exchange property within the period beginning on the day on which he transferred title to the relinquished property...
    United StatesReal Estate and Construction
    Warshaw Burstein
    Warshaw Burstein
  • Article

    North American Industry Market Multiples - First Quarter 2019

    North American Industry Market Multiples - First Quarter 2019
    United StatesStrategy
    Duff and Phelps
    Duff and Phelps
Article

3rd Circuit Holds That Taxpayer Intent To Evade Taxes Not Necessary For The Indefinite Statute Of Limitations To Apply

On August 18, 2025, the United States Court of Appeals for the Third Circuit published its opinion in Murrin v. Commissioner, No. 24-2037 (3d Cir. 2025).
United StatesTax
Liskow
Liskow
  • Article

    A Brief History Of The U.S. Income Tax

    If you are a U.S. citizen or resident (indeed, if you reside anywhere income taxes are collected), consider what it takes to comply and make the necessary filings today.
    United StatesTax
    Reed Smith
    Reed Smith
  • Article

    A "Bright" New Tax Credit

    In an effort to reduce their tax burden, several of our clients have invested in partnerships or LLCs that operate solar or other renewable energy power facilities.
    United StatesTax
    Baker Newman Noyes
    Baker Newman Noyes
  • Article

    Accounting For Income Taxes: ASC 740 Quarterly Update Webcast

    By attending this webcast, you will learn about new developments and significant issues that can affect quarterly and/or annual income tax provision calculations.
    United StatesTax
    Grant Thornton LLP
    Grant Thornton LLP
  • Article

    Alabama Department Of Revenue Announces Favorable Change To Tax Credit Calculation For S Corporations, LLCs And Partnerships

    Based on legislation passed in the spring 2012 legislative session, retroactively effective to January 1, 2012, Alabama residents who are owners of pass-through entities doing business in two or more states may claim an Alabama income tax credit for certain taxes paid by their company to other states on behalf of the individual owners when the other state imposes an income tax withholding obligation or an entity-level tax on the company.
    United StatesTax
    Bradley Arant Boult Cummings LLP
    Bradley Arant Boult Cummings LLP
  • Article

    Alternative Minimum Tax: 3-Point Bulletin

    Taxpayers are obligated to pay the AMT if it is higher than their regular tax rate.
    United StatesTax
    Cozen O'Connor
    Cozen O'Connor
  • Article

    Benefits For U.S. Retirement Plan Participants In The Malta-U.S. Tax Treaty

    William D. Lipkind (Partner-New Jersey) and Adam Buchwalter (Of Counsel-New Jersey) reported on "Benefits for U.S. Retirement Plan Participants in the Malta-U.S. Tax Treaty."
    United StatesTax
    Wilson Elser Moskowitz Edelman & Dicker LLP
    Wilson Elser Moskowitz Edelman & Dicker LLP
  • Podcast

    Big Law Redefined: Immigration Insights Episode 2 | Navigating US Immigration Law And Tax Complexities For High-Net-Worth Individuals (Podcast)

    In this episode of Greenberg Traurig's Immigration Insights series, host Kate Kalmykov is joined by GT colleague and Tax Practice Shareholder, Erez Tucner, to explore the intersection of U.S. immigration and tax considerations for high-net-worth individuals.
    United StatesTax
    Greenberg Traurig
    Greenberg Traurig
  • Article

    Boustany Pledging International Reform And Corporate Rate Cut Plan By End Of March

    House Ways and Means Committee Member Charles W. Boustany Jr., R-La., is aiming to complete an international tax reform bill by the end of March, and he has upped the stakes by promising to include a broader corporate rate cut.
    United StatesTax
    Grant Thornton LLP
    Grant Thornton LLP
  • Article

    California Conforms To Federal Income Tax Treatment Of PPP Loan Forgiveness

    As reported in our earlier blog post The CARES ACT – Tax Relief, the federal CARES Act provides for forgiveness of indebtedness for eligible recipients of Paycheck Protection Program ("PPP")...
    United StatesTax
    Sheppard
    Sheppard
  • Article

    California FTB Schedules Interested Parties Meeting On Short Notice To Discuss Issues In The Regulations On Sourcing Income From Services And Intangibles

    The California Franchise Tax Board has scheduled an Interested Parties Meeting to discuss proposed changes to its apportionment regulations.
    United StatesTax
    McDermott Will & Emery
    McDermott Will & Emery
  • Article

    California OTA Rejects FTB's IRC Section 751 Partnership Sourcing Theory

    The California Office of Tax Appeals recently ruled on a critical question for nonresident investors and private equity structures: how should gains from IRC section 751(a) "hot assets" be sourced when selling partnership interests? The decision directly challenges the California Franchise Tax Board's position that such gains should be treated as deemed asset sales and sourced using the partnership's apportionment factors, potentially reshaping tax obligations for nonresident partners in California-based en
    United StatesTax
    Greenberg Traurig
    Greenberg Traurig
  • Article

    California Proposes Further Modifications To Market-Based Sourcing Regulations

    On May 20, 2025, the California Franchise Tax Board (FTB) issued its Second Notice of Modifications to Proposed Regulation Section 25136-2, which would affect how businesses source sales of services and intangible property for California income tax purposes.
    United StatesTax
    Greenberg Traurig
    Greenberg Traurig
  • Article

    California Supreme Court Denies The California Franchise Tax Board’s Petition For Review In General Mills v. Franchise Tax Board

    On July 29, 2009, the Supreme Court of California denied the Franchise Tax Board’s Petition for Review, which sought to overturn the Court of Appeal’s influential sales factor decision in General Mills v. Franchise Tax Board.
    United StatesTax
    Morrison Foerster
    Morrison Foerster
  • Article

    Cash Payment Option for Income Taxes

    The IRS announced that taxpayers now have the option to pay their income taxes in cash.
    United StatesTax
    Brown Smith Wallace
    Brown Smith Wallace
  • Article

    Certain Litigation Costs Are Ordinary And Necessary Business Expenses, IRS Rules

    In a private letter ruling (PLR 201412002), the IRS ruled that certain costs incurred by a corporate taxpayer to settle a lawsuit, including settlement payments and legal fees, were deductible as ordinary and necessary business expenses under Section 162.
    United StatesTax
    Grant Thornton LLP
    Grant Thornton LLP
  • Article

    Challenge To The Constitutionality Of The ACA Raises NII Tax Refund Possibility

    The constitutionality of the Affordable Care Act (ACA) is being challenged before the Supreme Court for a third time this fall in the case of California v. Texas...
    United StatesTax
    Caplin & Drysdale, Chartered
    Caplin & Drysdale, Chartered
  • Article

    Change In US Tax Treatment Of Alimony And Its Impact On Divorce Negotiation

    Since 1942, a US taxpayer who received alimony or separate maintenance was required to include it as taxable income unless the parties agreed that it would not be tax deductible for the payor.
    United StatesTax
    Withers LLP
    Withers LLP
  • Showing 401–420 of 8619 results

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