Interesting Article On Tax Reform

The United States cryptocurrency regulatory landscape has undergone its most dramatic transformation in history. The signing of the GENIUS Act into law on July 18, 2025 — the first comprehensive federal crypto statute ever enacted — marks a before-and-after moment for American digital asset law.

Recent federal legislation has permanently extended the historically high unified exemption amount for federal estate and gift tax purposes. The current exemption of $13.99 million per individual remains in place through December 31, 2025...

On Sunday, May 3, 2026, the Iowa Legislature approved one of the most significant overhauls of Iowa’s property tax and local government finance system in the state’s history.

California's Proposition 40 would impose a one-time excise tax of up to 5 percent on billionaires' worldwide net worth, measured as of December 31, 2026, but based on residency as of January 1, 2026. The measure faces significant legal challenges and could be nullified by competing ballot initiatives that have also qualified for the November 2026 ballot.

On Sept. 10, 2026, the California Department of Tax and Fee Administration (CDTFA) held its second Interested Parties Meeting to discuss proposed emergency regulations implementing state Senate Bill 122...

The IRS has intensified scrutiny of partnership basis-shifting transactions that manipulate inside and outside basis rules to generate tax savings. While recent regulations were withdrawn under the Trump Administration, the agency maintains its position through Rev. Rul. 2024-14, which identifies three transaction types that fail the economic substance doctrine.

The U.S. Federal Estate Tax Unified Credit (the "Credit"), which allowed individuals to leave up to $13,990,000 to their non-spouse heirs federal estate tax free...

Selling an S corporation involves complex tax and legal considerations that can significantly impact after-tax proceeds. This comprehensive analysis examines stock sales versus asset sales, IRC Section 338(h)(10) elections, F reorganizations, and other transaction structures, revealing how different approaches affect both sellers and buyers through detailed tax modeling and strategic planning insights.

The Department of the Treasury and IRS have proposed regulations that would eliminate tax-exempt status for private schools maintaining race-based policies in admissions, scholarships, or programs—regardless of remedial or diversity objectives. The rule would affect approximately 18,000 tax-exempt schools, 750,000 students, and outstanding tax-exempt bonds, fundamentally reshaping how educational institutions approach diversity initiatives and donor-restricted scholarships.

The Treasury Department and IRS have released proposed regulations that would revoke Section 501(c)(3) tax-exempt status for private schools engaging in race-based admissions or diversity programs, fundamentally reshaping how educational institutions approach affirmative action and DEI initiatives.

Orlando, FL – Lowndes is pleased to announce that attorney Tara Tedrow has been nominated and chosen as the chair of the Ninth Circuit Judicial Nominating Commission

As always, the NIC Conference in Chicago is a great experience and an unique opportunity to connect owners, managers, lenders and (of course) ...

Today Marriott International announced a massive data breach of its Starwood database.

Today, an Administrative Law Judge rules against the governor and state agencies regulating senior housing communities, finding that the controversial emergency order did not address a true...

It is unclear whether President Trump will be more successful in tackling tax reform than he was in repealing ACA/Obamacare.

A Kissimmee company is closing its doors after a lengthy patent battle with the maker of the Taser.

The IRS had released the regulations but they had not yet been published in the Federal Register.

Effective July 1, 2024, a new Florida law has significantly changed how electric vehicle (EV) charging stations are regulated across the state.

A bill introduced in the U.S. House of Representatives Wednesday, December 18, 2019 could significantly affect strategies for patent ownership in the United States.

For Greg Spencer, a move from Aspen, Colorado, to Winter Park means continuing his company's growth — and now he has an eye on buying up land for expansion in Florida.