Tax & Accounting Blog
Tax & Accounting Blog
1975
Thanks to the IRS, people whose adverse financial consequences count for getting a coronavirus-related distribution now include spouses and other household members. The IRS has…
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The New York University Federal Real Estate and Partnerships Tax Conference on June 26, 2020, offered a wide-ranging discussion of challenges that the coronavirus (COVID-19)…
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Proposed IRC §162(f) regulations were a highlight of discussion at an American Bar Association (ABA) Tax Section webinar on June 17, 2020. Released in early…
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SECURE Act, CARES Act & IRS COVID-19 responses impact many taxpayers Many legislative and regulatory changes enacted in the past several months directly impact qualified…
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The Setting Every Community Up for Retirement Enhancement (SECURE) Act requires 401(k) and other account-based plans to disclose the lifetime income stream employees can expect…
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The Coronavirus Aid, Relief and Economic Security (CARES) Act was intended to provide relief in response to the COVID-19 (Coronavirus) crisis. However, some non-COVID related…
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Wolters Kluwer looks at CARES Act changes impacting businesses Business taxpayers have new opportunities to generate cash from the net operating loss (NOL) provisions of…
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People who are working from home in response to the coronavirus pandemic may be looking forward to claiming a home office tax deduction. However, most…
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President Donald Trump has signed into law the bipartisan Paycheck Protection Program Flexibility Act (PPPFA) of 2020 (HR 7010). The legislation aims to expand usability…
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IRC §267A disallows deductions for interest and royalties’ payments made to reverse hybrids if: no tax is paid in any country for the payment; andparties…
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