Will the New Partnership Related Party Basis-Shifting Rules Survive?
Practitioner’s Tax Action Bulletin® Advisory In June 2024, the IRS released a guidance package on related party basis adjustments (RPBAs) …
Nikki Sohal, CPA, Checkpoint News
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OBBB Enhancements to Qualified Small Business Stock Rules
The One Big Beautiful Bill Act (OBBB) enhanced the federal tax exclusion for certain gain from qualified small business stock …
G7 ‘Side-by-Side’ International Tax Framework: What We Know So Far
International tax experts discussed the latest developments on the U.S.’ relationship with the Organization for Economic Cooperation and Development (OECD), …
New Mexico Student Housing Project for State University Subject to Property Tax
By Lisa Lopata, Esq., Checkpoint News The New Mexico Court of Appeals held that a university student housing project was …