For those partnerships who had not elected early application or validly elected out, the 2018 tax year was the first year in which the new partnership audit rules, enacted by the Bipartisan Budget Act of 2015 (the “BBA”),...
In one of three recent cases addressing the Texas franchise tax, the Texas Supreme Court held that a company engaged in performing work on offshore oil-and-gas drilling rigs could not claim a cost of goods sold deduction with...
TAX STIMULUS PROVISIONS OF THE CARES ACT
April 7, 2020
By Meadows Collier, Blog
Click here to read the full post. For any questions regarding the tax stimulus provisions of the CARES Act please contact Tom Hineman at thineman@meadowscollier.com.
Texas Supreme Court Issues Three Decisions Addressing Various Aspects of the Texas Franchise Tax
April 6, 2020
In a monumental day for Texas franchise tax, the Texas Supreme Court issued on Friday, April 3rd, three much-anticipated decisions addressing different aspects of the Texas franchise tax. All three decisions address the cost...
NAVIGATING THE PAYCHECK PROTECTION PROGRAM LOAN PROVISIONS OF THE CARES ACT (AND INTERIM REGULATIONS)
April 6, 2020
By Meadows Collier, Blog
Click here to read the full post. For any questions regarding the paycheck protection loan provisions of the CARES Act please contact Tom Hineman at thineman@meadowscollier.com.