The tax reform bills introduced in the House of Representatives and the Senate dramatically reduce the corporate tax rate from 35% to 20% and create added incentives for taxpayers to invest capital into U.S. businesses with...more
11/14/2017
/ Adjusted Gross Income ,
Corporate Taxes ,
Deferred Compensation ,
Excise Tax ,
Hedge Funds ,
Highly Compensated Employees ,
Internal Revenue Code (IRC) ,
Investors ,
IRS ,
Mark-To-Market ,
Net Investment Income ,
Pass-Through Entities ,
Section 409A ,
Section 457A ,
Self-Employment Tax ,
Surtax ,
Tax Deductions ,
Tax Exempt Entities ,
Tax Planning ,
Tax Rates ,
Tax Reform ,
Universities ,
Up-C Entity ,
W-2
Today, the Republicans in the U.S. House of Representatives released their long-anticipated tax reform bill, entitled the “Tax Cuts and Jobs Act”. While there have been multiple statements from the Republican majority in the...more
11/3/2017
/ 501(c)(3) ,
Alternative Minimum Tax ,
Charitable Deductions ,
Child Tax Credit ,
Corporate Taxes ,
Deduction Limitations ,
EBITDA ,
Educational Institutions ,
Estate Tax ,
FDAP ,
Foreign Corporations ,
Foreign Subsidiaries ,
Fringe Benefits ,
International Tax Issues ,
Like Kind Exchanges ,
Meal and Entertainment Expenditures ,
Medical Expenses ,
Multinationals ,
Net Operating Losses ,
Parent Corporation ,
Pass-Through Entities ,
PFIC ,
Private Foundations ,
Property Tax ,
Proposed Legislation ,
Religious Institutions ,
Retirement Plan ,
Roth IRA ,
Section 179 Property ,
Section 409A ,
Section 457A ,
Section 501 ,
Shareholders ,
Tax Cuts ,
Tax Exempt Entities ,
Tax Rates ,
Tax Reform ,
Tax-Exempt Bonds
Yesterday, the Trump Administration, the House Committee on Ways and Means, and the Senate Finance Committee proposed a “unified framework” for tax reform. The members of the working group are House Speaker Paul Ryan (R-WI),...more
9/29/2017
/ Alternative Minimum Tax ,
Business Taxes ,
Corporate Taxes ,
Estate Tax ,
Income Taxes ,
Personal Exemptions ,
Repeal ,
Retirement Plan ,
Standard Deduction ,
Tax Rates ,
Tax Reform ,
Trump Administration
Yesterday the Trump Administration announced the outline of its tax reform proposal. The proposal combines elements of President Trump’s original tax reform proposal announced during the campaign and of the House Republicans’...more
On October 13, 2016, the Treasury Department and the Internal Revenue Service issued final and temporary regulations under section 385 of the Internal Revenue Code. The final and temporary regulations recharacterize certain...more
11/2/2016
/ Acquisitions ,
Bifurcation ,
Corporate Taxes ,
De Minimus Quantity Exemption ,
Debt Instruments ,
Debt-Equity ,
Disregarded Entities ,
Distribution Rules ,
Expanded Group Instruments (EGIs) ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
New Regulations ,
S-Corporation ,
Section 385 ,
Securities ,
Stocks