The IRS has issued Revenue Procedure 2022-38, which sets forth inflation-adjusted items for various provisions of the Internal Revenue Code which will be applicable in 2023. Here are some of the highlights...more
On October 4, 2022, Aaron Judge, the New York Yankees right fielder, slugger and superstar, hit home run #62. In doing so, Judge has become the first American League player to hit 62 home runs in the regular season, thereby...more
The recently enacted Trade Preferences Extension Act of 2015 (the "Act") contains a number of tax provisions affecting businesses and individuals which have not been widely reported. The Act adds a requirement for claiming...more