More — and more rigorous — IRS examinations are coming. The Biden administration is committed to closing the “tax gap” (the difference between taxes owed and taxes actually paid on time). Increased enforcement efforts are...more
5/5/2021
/ Biden Administration ,
Corporate Taxes ,
High Net-Worth ,
Income Taxes ,
Investment Management ,
Partnerships ,
Pass-Through Entities ,
Tax Planning ,
Tax Rates ,
Tax Reform ,
Wealth Tax
In United States v. Woods,1 the U.S. Supreme Court ruled unanimously for the government on two long-brewing disagreements over penalty jurisdiction in the partnership context and over the breadth of valuation misstatement...more