Recaptured Gains from Stock Sale Qualified for Installment Method
Addressing an issue of first impression, the Tax Court determined that the installment method applied to the taxpayers’ gains from …
Addressing an issue of first impression, the Tax Court determined that the installment method applied to the taxpayers’ gains from …
Tanner v. Stryker Corp. of Mich., 2024 WL 3058746 (11th Cir. 2024) Available at https://media.ca11.uscourts.gov/opinions/pub/files/202214188.pdf An employee was expecting a …
The IRS has become stricter in disallowing applications for tax-exempt status filed by organizations created to facilitate name, image, and …
Without a dedicated information return, the IRS’ “line of sight” into digital asset transactions is limited because of a lack …
Missouri Governor Michael L. Parson has signed legislation amending the historic tax preservation tax credit and naming it the Missouri …
In a dispute between the IRS and a media company over the tax consequences of a disguised sale of a …
The FASB has outlined a packed agenda for the second half of the year, with plans to issue two new …
As the Tax Court nominees approved by the Senate Finance Committee last month await full Senate consideration, the committee considered three more …
The Securities and Exchange Commission (SEC) has once again delayed issuing a proposal intended to standardize and increase data that …
Tennessee v. Becerra, 2024 WL 3283887 (S.D. Miss. 2024); Texas v. Becerra, 2024 WL 3297147 (E.D. Tex. 2024) A court in …
The Equal Employment Opportunity Commission (EEOC) is proposing a rulemaking to amend regulations regarding the collection of pay data or related information …
The Treasury Department and the IRS announced that it has collected $1 billion from “high-income, high-wealth” individuals through an enforcement …
Correction, 7/11/2024: This article has been updated with a corrected quote in paragraph four regarding bank and insurance company audits. …
A joint resolution under the Congressional Review Act formally disapproving of final IRS regs implementing Inflation Reduction Act (PL 117-169) tax credit …
By Maria T. Albanese South Carolina’s 2024-2025 budget bill was ratified by the legislature on June 26, 2024, but on …
A recently introduced bipartisan House bill (HR 8860) would extend and enhance a tax credit under Code Sec. 45S available to employers …
The IRS Office of Chief Counsel is focusing its expansion and reorganization efforts to specialize in certain tax areas ripe …
The Securities and Exchange Commission (SEC) has extended the deadline for the public to submit comment letters by 14 additional …