As you may be aware, on July 4, 2025, a landmark piece of tax legislation – commonly referred to as “One Big Beautiful Bill Act” – was signed into law, ushering in some of the most significant changes to the tax code in...more
The Corporate Transparency Act (the “CTA”), part of the federal government’s effort to curtail money laundering by means of shell company structures, imposes disclosure requirements on most entities registered to do business...more
Treasury Secretary Steve Mnuchin announced via Twitter that the tax filing deadline for federal income tax returns has been extended by 90 days to July 15, 2020.
Earlier this week, the federal government extended the time...more
The government has not extended the deadline for federal tax filing, but Treasury Secretary Steven Mnuchin, speaking at a coronavirus news conference earlier today, said the government is extending the due date by 90 days for...more
Yesterday, the IRS issued Notice 2018-54 and an accompanying news release stating that proposed regulations will be issued addressing the deductibility of state and local tax payments for federal income tax proposes....more