The Internal Revenue Service just announced the results of a national two-week campaign to combat employment tax crimes featuring visits to nearly 100 businesses showing signs of potential serious noncompliance and taking...
The IRS just won its third consecutive battle in its war against Section 831(b) microcaptive arrangements with the Tax Court’s decision in Syzygy Ins. Co., et al vs. Commissioner released on April 10, 2019....
On March 27th, the Senate Finance Committee launched an investigation into conservation easements by sending letters to 14 people involved in easement transactions. The letters ask for copies of appraisals, promotional...
Tax preparation time is a good time to discuss your financial situation with your Tax Advisor.
Fundamentally, estate plans are designed to pass assets to future generations as efficiently as possible. Nevertheless, it might be beneficial to employ an “upstream transfer” to eliminate built-in gains on...
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