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  • Article

    Destroying Charitable Conservation Easements Is Not Within Congressional Intent

    Nancy's article, Destroying Charitable Conservation Easements Is Not Within Congressional Intent, updates the state of the law regarding the much-maligned charitable conservation easements.
    United StatesTax
    Shulman Rogers
    Shulman Rogers
  • Article

    Do You Need Transfer Pricing Analysis?

    A transfer pricing study or analysis helps companies decide how to price transactions between related parties in different tax jurisdictions.
    United StatesTax
    Kaufman Rossin
    Kaufman Rossin
  • Article

Economic Presence Standard For Income Tax Nexus

In a question of first impression for Illinois, on May 12, 2015, Judge Schmidt of the Circuit Court of Sangamon County granted a summary judgment for the Illinois Department of Revenue, holding that the proper test for corporate income tax nexus is whether a "significant economic presence" exists in Illinois.
United StatesTax
McDermott Will & Emery
McDermott Will & Emery
  • Article

    Economic Substance Not An Issue In Corporate Freeze Transactions

    The codified economic substance doctrine in Section 7701(o) is generally not implicated in corporate freeze transactions.
    United StatesTax
    Grant Thornton LLP
    Grant Thornton LLP
  • Article

    Election Update: Should Charitably-Inclined Clients Consider Accelerating Their Charitable Giving?

    Donors planning their year-end charitable giving may want to consider the potential impact of President-elect Donald Trump's tax plan on the income tax charitable deduction.
    United StatesTax
    Day Pitney LLP
    Day Pitney LLP
  • Article

    Employers Have More Time, Transition Relief For Health Care Coverage

    Employers now have new transition relief and more time to comply with the requirements related to employee health care coverage.
    United StatesTax
    Grant Thornton LLP
    Grant Thornton LLP
  • Article

    End Of Year Gifting

    With the end of the year quickly approaching, now is good time to ensure you make your annual exclusion gifts for the year to reduce your taxable estate.
    United StatesTax
    Farrell Fritz
    Farrell Fritz
  • Article

    Entrepreneur Or Hobbyist: Turning Losses Into A Win

    Leila Carney authored "Entrepreneur or Hobbyist: Turning Losses Into a Win" in the January 2023 issue of Thomson Reuters journal Practical Tax Strategies.
    United StatesTax
    Caplin & Drysdale, Chartered
    Caplin & Drysdale, Chartered
  • Article

    Even When It Comes To The Mundane Forms 8038, The One Constant Is Change

    To all of our readers, Belated Happy New Year! We will ring in 2022 with some belated news. Back in November of 2021, the IRS once again issued a memorandum that extends the...
    United StatesTax
    Squire Patton Boggs LLP
    Squire Patton Boggs LLP
  • Article

    Ex-Israeli Banker Indicted For Assisting Americans In Tax Fraud

    A federal grand jury in Los Angeles, California, indicted Shokrollah Baravarian for Klein conspiracy: conspiracy to defraud the United States.
    United StatesTax
    BakerHostetler
    BakerHostetler
  • Article

    Exemption From PFIC Regime For Indirect Ownership Expanded

    The consequences of the excess distribution regime can be onerous if a PFIC is sold at a significant gain, because Sec. 1291(a)(2) treats the entire gain as an excess distribution.
    United StatesTax
    Patterson Belknap Webb & Tyler LLP
    Patterson Belknap Webb & Tyler LLP
  • Article

    Extension Of FBAR Deadline For Employees Of Registered Investment Advisors Until June 30, 2012

    On June 17, 2011, the Financial Crimes Enforcement Network ("FinCEN") issued Notice 2011-2 ("Notice"), which extends to June 30, 2012 the filing deadline for certain individuals to file their Reports of Foreign Bank and Financial Accounts ("FBARs").
    United StatesTax
    WilmerHale
    WilmerHale
  • Podcast

    Family Office – Tax Strategies For Investment Expenses (Podcast)

    On today's episode our host Mary Vandenack, CEO, Founder and Managing Partner at Vandenack Weaver Truhlsen, talks to Daniel Gerety, President and CPA with Gerety & Associates...
    United StatesTax
    Duggan Bertsch
    Duggan Bertsch
  • Article

    FAQs On New Clean Energy Direct Pay And Transferability In The Inflation Reduction Act

    The Inflation Reduction Act (IRA) provides $369 billion in funding for clean energy and climate funding.
    United StatesTax
    Steptoe LLP
    Steptoe LLP
  • Article

    FATCA Complexity Leading To Lackluster Results

    In a recent Law360 article, Kat Gregor comments on a recent Treasury Inspector General for Tax Administration report that highlights the IRS' stalled enforcement of the Foreign Account Tax Compliance Act.
    United StatesTax
    Ropes & Gray LLP
    Ropes & Gray LLP
  • Article

    FBAR And Form 8938 Assistance Provided By Treasury

    There are a multitude of information returns that United States taxpayers may need to file if they own foreign assets or have foreign investments.
    United StatesTax
    Holland & Knight
    Holland & Knight
  • Article

    FBARs Must Now Be Filed Electronically

    The Department of the Treasury’s Financial Crimes and Enforcement Network (FinCEN) now requires that all Reports of Foreign Bank and Financial Accounts (FBARs) be filed electronically.
    United StatesTax
    Grant Thornton LLP
    Grant Thornton LLP
  • Article

    February 2017 Tax Compliance Calendar

    As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting deadlines.
    United StatesTax
    Brown Smith Wallace
    Brown Smith Wallace
  • Article

    Federal Court Shuts Down Instant Tax Service

    Tax Analysts Tax Notes reports that on November 6, 2013, Judge Timothy S. Black of the Southern District of Ohio permanently shut down Instant Tax Service, which claims to be the fourth largest tax return preparation firm in the nation.
    United StatesTax
    BakerHostetler
    BakerHostetler
  • Article

    Fifty Ways To Win Your Audit!

    Three Felonies a Day, a book by Harvey Silverglate, argues that state and federal laws are so ubiquitous and ambiguous that the average citizen commits three felonies a day.
    United StatesTax
    Reed Smith
    Reed Smith
  • Showing 741–760 of 19631 results

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