The Biden-Harris administration on April 28 introduced the American Families Plan (AFP), a $1.8 trillion legislative framework including provisions to “grow the middle class, expand the benefits of economic growth to all...more
5/3/2021
/ Biden Administration ,
Capital Gains Tax ,
Carried Interest Tax Rates ,
Corporate Taxes ,
Income Taxes ,
IRS ,
Like Kind Exchanges ,
Net Investment Income ,
Tax Credits ,
Tax Rates ,
Tax Reform
The Internal Revenue Service (IRS) issued Revenue Procedure 2021-12 on January 14, extending the safe harbors in Revenue Procedures 2020-26 and 2020-34 to September 30, 2021. This LawFlash discusses the portion of Revenue...more
The Internal Revenue Service on Monday, April 13 issued welcome relief to the securitization industry, providing that certain forbearances and related modifications to mortgages will generally not cause real estate mortgage...more