On Friday, July 4, 2025, President Trump signed into law the Reconciliation Bill commonly known as the One Big Beautiful Bill Act (OBBBA). Broadly speaking, the OBBBA extends and makes permanent many provisions enacted by the...more
7/23/2025
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Business Taxes ,
Depreciation ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
Investors ,
New Legislation ,
One Big Beautiful Bill Act ,
Real Estate Investments ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Incentives ,
Tax Legislation ,
Tax Planning ,
Taxation
On December 2, 2024, the Department of Treasury published final regulations (Final Regulations) governing the allocation of recourse liabilities of a partnership among its partners under Section 752 of the Internal Revenue...more