On March 30, 2016, in Luis v. United States, the Supreme Court issued an opinion that could have far reaching effects on both asset forfeiture law and a criminal defendant’s ability to hire counsel in fraud cases....
The IRS called the complicated tax plans offered by international accounting and law firms to their wealthy clients in the late 1990s and early 2000s “tax shelters”. The IRS shut down that type of planning through...
The IRS issued Notice 2016-17 (a link to the Notice will be provided when available), effective March 23, 2016. The notice extends the initial filing deadline for the new Form 8971 to June 30, 2016. As discussed in last...
The Internal Revenue Service (“IRS”) recently issued its Fiscal Year 2015 Enforcement and Service Results report (the “Report”), which contains interesting information, particularly for owners of Subchapter K...
On 3/2/16, the IRS issued proposed (click here) and temporary (click here) regulations addressing the basis consistency requirements under §§ 1014 and 6035 of the Code. As discussed in my prior post (click here) on the...
Signup to receive the latest blog posts in your inbox!
You have successfully joined our blog list. You'll receive an email from us when we post a new blog!
nationally-recognized
tax powerhouse. Our Capabilities