On September 12, 2024, the Department of the Treasury (the “Treasury”) and the Internal Revenue Service issued long-awaited proposed regulations ...

A couple who tried to deduct losses they incurred from their partnership’s foreign currency option are liable for income tax ...

This article outlines a five-step process for calculating a corporate partner’s distributive share related to the application of the corporate alternative minimum tax imposed on an applicable ...

A syndicated conservation easement partnership rightfully had its sought-after charitable contribution tax deduction reduced ...

Creditors of corporate entities will, at various times, pursue the controlling shareholders to satisfy an undercapitalized ...

Couples wanting to make their relationships legally binding can choose to enter into a civil partnership or get married. Both statuses come with tax benefits and the security of how assets can pass ...

Those on the cusp of partnership have already endured a horror two years, where entry was either outright deferred (at PwC due to the tax leaks scandal) or heavily restricted. These changes would make ...

Australians lose $3 billion to financial crime each year, and with major compensation laws looming, law enforcement agencies ...

Even though Duke is a nonprofit, we still pay $9.7 million in property taxes each year. Duke pays taxes on our non-academic ...

InfraCap MLP ETF (NYSE Arca: AMZA or the "Fund") has modified the estimate of its deferred tax liability based on information ...

Indian industry bodies have submitted their wishlist for the upcoming budget, calling for an amnesty scheme for customs, tax ...

Kouchouck said the goal is to reduce the tax burden on businesses, attract new investors, and support liquidity ...