No Go for Charitable Contribution State Workaround
Since the passage of Tax Cuts and Jobs Act (“TCJA”), states with high tax rates have tried to establish workarounds…
Ninth Circuit Denies En Banc Review in Landmark Tax Case
As we reach the end of the year and assess the legal landscape of tax cases that could have a…
Opportunity Zone Deciphered – How are you advising your clients?
The Opportunity Zones incentive is an investment tool established by Congress in the Tax Cuts and Jobs Act of 2017…
CRYPTOCURRENCY UPDATE
Today the IRS released its first piece of guidance on cryptocurrency since Notice 2014-21, which was published in March of…
IRS Issues Guidance on Section 199: Rental Real Estate Safe Harbor
On September 24, 2019, the IRS issued Revenue Procedure 2019-38, which implements a safe harbor under which a real estate…
alliantNational Helps Client Overcome Wrongly Denied Business Deductions
The U.S. Tax Court recently ruled in WP Realty, LP, Olympia Realty, Inc., Tax Matters Partner v. Commissioner of Internal…
GILTI Partnership Pivot – The latest news from Treasury
The Tax Cuts and Jobs Act, passed at the end of 2017, made significant changes to the structure of the…
IRS Announces 831(b) Micro-Captive Settlement Initiative
The IRS announced a one-time settlement offer for certain micro-captive insurance participants currently under IRS exam. Per the announcement, the…
