8,619 results found

The Second Circuit Court of Appeals has weighed in on a critical tax question affecting partnership and LLC owners, affirming a narrow interpretation of who qualifies as a "limited" partner exempt from self-employment tax. This decision creates potential conflict with the Fifth Circuit's approach, raising questions about whether the Supreme Court will need to resolve the split and provide definitive guidance on this important issue for business owners.

The long-anticipated "sunset" of the Tax Cuts and Jobs Act of 2017 (TCJA) was slated for the end of 2025. Upon this "sunset," the federal estate and gift tax exemptions...

With the 9th Circuit Court of Appeal's recent decision in Amazon.com Inc. et al v Commissioner of Internal Revenue, upholding a U.S. Tax Court ruling rejecting a broader definition of intangible assets.

Treasury has stated that a large impetus for the proposed changes was to address base erosion and profit shifting by multinational companies.

The Wall Street Journal recently featured insights from Evan Morgan, CPA and a principal at Kaufman Rossin's tax advisory services, on the introduction of Trump accounts for kids. (should be PR)...

Tax reform made many structural changes to our tax system. Changes to Code Section 274, however, sent shudders through corporate America.

One of the frequent promises of the Trump campaign was to decrease federal income tax rates, particularly on higher levels of taxable income.

Nexus is the necessary connection with a state that allows the state to impose an income or sales and use tax.

The right structure is vital to ensuring U.S. companies pay the right amount of tax on their worldwide profits, argues Bruce Militzok, partner at Farkhouh, Furman & Faccio in New York.

Supreme Court case raises ‘substantial nexus' controversy in internet age, capturing attention of tax specialists—and the public.

You can view all of the topics we discussed over the last month here. Our lawyers appear at the following State and Local Tax events in December:

Senate Finance Committee ranking minority member Ron Wyden, D-Ore., has released a discussion draft of legislation that would overhaul the tax rules on retirement accounts.

For the past several months we have been hearing about legislative proposals that may impact year-end tax planning but as of today, we do not have any definite answers. So, what should people do?

The transfer will count toward the donor's annual required minimum distribution from his/her IRA without being included in the donor's taxable income.

A private non-operating foundation that is exempt from federal income tax must nevertheless pay an excise tax on any net investment income that the private foundation earns.

BSI of Lugano, Switzerland, became the first bank to earn a non-prosecution agreement under the U.S.

Bernard Kramer pleaded guilty in the Southern District of New York to conspiracy to defraud the United States and filing a false income tax return.