Recorded Webcasts

Corporate taxpayers filing a consolidated return have an added layer of rules to navigate when carrying back a net operating loss.

Investors looking to accelerate write-offs on investments should be aware of an obscure section 382 rule that could destroy the tax-shield.

In early September, Mexico released a proposed tax reform package with significant changes in the country’s international tax regime.

On March 19, the U.S. Senate released the third round of emergency assistance resulting from the 2020 COVID-19 pandemic.

IRS proposes new regulations for mandatory e-filing of business and information returns. IRS reduces form threshold numbers.

IRS will begin issuing letters to approximately 100,000 businesses with Employer Identification Number to update their information.

The Internal Revenue Service Security Summit discusses the common warning signs of identity theft and unemployment benefits theft.

Taxpayer relied on statute of limitations to defer tax on merger, then reversed course and said merger was taxable to reduce acquirer’s tax.

The economic impact of COVID-19 is immense. Distressed companies in need of capital may drive future M&A deals.

During a debt workout or restructuring, it is critical that businesses evaluate their restructuring options and the related tax impact.

Recent memo provides IRS view that certain stockless contributions create a split holding period on the stock.

Proposed rules address many open issues and would prescribe complex calculations for taxpayers deducting business interest expense.

CARES Act provides general increase to the limitation amount (i.e., the maximum allowable deduction) and special rule for partnerships

Act contains broad relief for individuals and businesses; includes funding vehicles, recovery payments, and modifications to TCJA provisions

In PLR 201930011, the Service rules that it is OK to “go your own way” without tax penalty in a textbook split-up.

Procedures provide guidance for the retroactive expensing of qualified improvement property and reconsidering of elections.

The ability to revoke elections and file amended returns means partnership may have more than one option to benefit from CARES Act.

The CARES Act provides business and tax relief to portfolio companies and investors. However, affiliation rules could limit SBA loan relief.

The CARES Act includes beneficial tax relief. Coupled with sophisticated planning, now is the time to revisit your individual tax strategy.

Mandatory paid leave for employees impacted by COVID-19 is set to start April 1, 2020, per new Department of Labor guidance.