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Ideas & Insights

 





















Tax Alert

IRS updates Frequently Asked Questions policy

IRS changes FAQ policy regarding new tax legislation and offers reliance on FAQs as reasonable cause defense to accuracy-related penalties.

  • Solodchikova, Alina
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Tax Alert

Complex Media Tax Court case

The Complex Media Tax Court case and its applicability to section 351 transactions and the step-transaction doctrine.

  • Schneider, Mark
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Tax Alert

Finalized section 301 regulations

The IRS has issued final regulations under section 301 which become effective Sept. 22, 2021, to reflect current law.

  • Schneider, Mark
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Article

Unified loss rules

Learn how the U.S. Consolidated Return Unified Loss Rules affect mergers and acquisitions and how taxpayers can benefit from some elections.

  • Barton, Michael
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Insight Article

Chapter 11 Bankruptcy and IRS Form 8937

A single-debtor Chapter 11 reorganization, may trigger a Form 8937 filing requirement for the reorganized company. Learn more about it.

  • Barton, Michael
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E-Book

IRS Audit Survival Guide

What happens if you get audited by the IRS? Download our IRS Audit Survival Guide to learn how to navigate IRS examinations and lower risk.

  • Burquest, Patti
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Insight Article

California enacts SALT cap workaround

The entity-level tax election is effective for tax years beginning on or after Jan. 1, 2021 and ending before Jan. 1, 2026.

  • Tatlonghari, Craig
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Tax Alert

The IRS launches new Tax Pro Account

The IRS’s new Tax Pro Account platform allows individual taxpayers to digitally approve, sign and grant authorizations to representatives.

  • Solodchikova, Alina
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Insight Article

Winning as a seller in a frenzied M&A market

Sellers are able to command top dollar if they go into the sales process ready to hit the ground running which includes tax preparation.

  • Wiskus, Jennifer
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Audiocast

The tax function as value-add lever

Allocation and tiering leader PartnerSight addresses challenges of getting private equity data tax-ready, helping finance teams drive value.

  • Demas, Lauren
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Insight Article

President Biden's tax plan

Taxpayers should familiarize with Biden’s plan, remain vigilant for developments and position themselves to act at the appropriate times.

  • Wood, Christian
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Tax Alert

IRS releases electronic Form 1024-A

Section 501(c)(4) organizations must submit applications for tax-exempt status to the IRS electronically through pay.gov.

  • Mitchell, Alexandra
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Insight Article

Beware of traps with paid time off policies

Some common paid time off (PTO) policy features cause taxable income to unexpected parties at unexpected times. Learn more here.

  • Bushman, Anne
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Tax Alert

IRS acknowledges auto-revocation errors

Some exempt organizations that timely filed Form 990 series returns or notices are receiving erroneous auto-revocation notices.

  • Mitchell, Alexandra
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Insight Article

IRS transcripts

IRS tax transcripts can be a valuable tool for helping to resolve various tax issues promptly and effectively.

  • Solodchikova, Alina
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Tax Alert

IRS operations status update

IRS issues new release detailing limited resumption of certain operations and advising taxpayers on alternatives for inoperative functions.

  • Stone, Evan
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