The “One Big Beautiful Bill Act” (the “BBB”) was signed into law by President Trump on July 4, 2025. The BBB generally extends certain tax provisions of the 2017 Tax Cuts and Jobs Act (“TCJA”) that would have otherwise...more
8/4/2025
/ Business Taxes ,
Estate Tax ,
Income Taxes ,
New Legislation ,
One Big Beautiful Bill Act ,
Qualified Business Income ,
Qualified Small Business Stock ,
SALT ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Legislation ,
Tax Rates ,
Tax Reform
The U.S. Department of the Treasury (the “Treasury”) and the Internal Revenue Service (the “IRS”) published final regulations on January 14, 2025 (the “Regulations”) requiring taxpayers and their material advisors to disclose...more
1/23/2025
/ Compliance ,
Disclosure Requirements ,
Income Taxes ,
Internal Revenue Code (IRC) ,
Investment ,
IRS ,
Partnership Distributions ,
Partnership Interests ,
Penalties ,
Private Funds ,
Reporting Requirements ,
Tax Liability ,
Tax Returns ,
U.S. Treasury