The government’s response to the COVID-19 pandemic and its collateral damage to the economy have been unprecedented. The government has established several programs for people who work ...
If a taxpayer underpays taxes because of negligence, a penalty of 20% applies. Treasury regulations provide for an exception to this penalty, known as “the reasonable basis exception,...
President Trump has signed two significant executive orders regarding transparency in federal agency guidance and enforcement. This visual memorandum provides an overview of and key take...
Section 6751(b) of the tax code requires written approval by an IRS supervisor after an initial determination by an agency employee to assess a penalty on a taxpayer. The broad language o...
The new tax act signed into law on December 22, 2017, popularly known as the Tax Cuts and Jobs Act (“TCJA”), affects U.S. real estate businesses in significant ways. For example, unde...
Our TCJA Navigator makes it easy to locate particular provisions in the text of the Tax Cuts and Jobs Act, the most significant tax legislation to be enacted since the Tax Reform Act of 1...
The Tax Cuts and Jobs Act (“TCJA”), the most significant tax legislation since the Tax Reform Act of 1986, has passed both houses of Congress and awaits the President’s signature. T...
Our navigator serves as a guide to the final Senate tax bill passed by the Senate on December 2, 2017.
It includes a table of contents organizing the Senate bill by subject matter, with ...
Our navigator serves as a guide to the tax bill just passed by the House. It reflects the official print of the bill reported to the floor on November 10, 2017, and passed on November 16....
This past Friday, a federal district court set aside the temporary regulations that frustrated certain inversion transactions, including the proposed Pfizer/Allergan merger, which was aba...
