Ideas & Insights

The IRS expanded its previous temporary authorization of e-signatures to an additional 7 forms in response to the COVID-19 pandemic.

IRS releases final and proposed regulations on the deduction for dividends from foreign corporations and related reporting rules.

IRS extended filing and paying deadlines and TTB updated disaster relief guidance for taxpayers affected by Hurricane Laura.

Due to the COVID-19 pandemic, the IRS is expanding the use of e-signatures to reduce the need for in-person contact.

IRS extended filing and paying deadlines and TTB updated disaster relief guidance for taxpayers affected by CA wildfires and IA derecho.

IRS releases a statement announcing that the application period for the CAP program is now open to qualifying corporations for 2021.

Guidance addresses owner-employee ownership thresholds, related party rents and costs for tenants or sub-tenants or home-based businesses.

IRS provides further guidance on managing inventory of unopened mail containing tax payments and relief for bad check penalty.

The IRS updated taxpayers on its operations status and recognized the delays in processing check payments due on July 15, 2020.

PPP lender forgiveness portal is open. Additional guidance issued on loan forgiveness and EIDL amounts as well loan review appeal process.

This webcast will discuss carried interest regulations and what the proposed rules mean for investment fund managers.

Former Vice President Joe Biden’s tax plan features significant changes. Rates seem likely to rise, even if President Trump wins re-election

This Alert summarizes impacts of the recently-issued interest deduction limitation guidance on the real estate industry.

Amendments to section 162, 164, and 170 regs. formalize safe harbors for payments to charitable organizations in exchange for SALT credits.

The United States’ fiscal response to the pandemic and the upcoming federal election signal tax rate increases and a need for planning.

Learn more on CARES Act tax provisions relating to C corporations and the historical context for the changes contained in the legislation.

Taxpayers often struggle to quantify participation for the passive activity rules. A recent court decision may affect those calculations.

New legislation allows nonprofit employers to pay 50% of their unemployment reimbursing payment obligations to states.

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

Proposed carried interest regulations are mostly as expected with a few new items and detailed computational rules.