Ideas & Insights

IRS modifies guidance on wages that are includible when computing section 199A deduction for taxpayers with short tax years.

In this short video, we bring you up to date on the final carried interest regulations and give guidance on actions fund managers may take.

Final regulations address self-charged interest and trading partnerships, but reserve on tiered partnerships and other items.

New final regulations include rules for CFCs, depreciation/amortization ‘add-back recapture’ and self-charged interest.

Revenue procedure allows treatment of qualified residential living facility operations as a section 163(j) real property trade or business.

In line with decades of case law and rulings, IRS ruling looks to benefits and burdens of ownership to determine tax ownership.

IRS addresses QSubs and period of limitations in a new set of proposed rules to the centralized partnership audit regime.

Find out how to unlock your data to maximize the value of your tax compliance function, plus hear answers to frequently asked questions.

In lieu of an in depth analysis, partnerships may utilize one of three ‘snapshot’ methods to comply with tax capital reporting requirements.

PartnerSight is a cloud-based platform that delivers tax data in real time, providing powerful insights to make better investment decisions.

IRS to focus on taxpayer compliance with the documentation requirement to allocate and deduct success-based fees.

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

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

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

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

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

Final regulations generally taxpayer-favorable versus 2018 proposal, additional proposed regulations give guidance on pass-throughs, others.

Volatility and uncertainty in the markets create an unprecedented opportunity to transfer carried interests at low tax cost.

Recently issued final section 199A regulations clarify the treatment of suspended losses and provide guidance on certain RIC dividends.

In a request for comments, the service outlines potential calculation methods – but also suggests disallowing an extremely common method.