On July 4, President Trump signed into law H.R. 1, the One Big Beautiful Bill Act (OBBBA), a sweeping 870-page piece of legislation that introduces significant changes across various areas of federal policy. While full...more
7/8/2025
/ Internal Revenue Code (IRC) ,
Investment ,
New Legislation ,
New Regulations ,
Opportunity Zones ,
Qualified Opportunity Funds ,
Real Estate Investments ,
Regulatory Requirements ,
Reporting Requirements ,
Tax Credits ,
Tax Planning ,
Tax Reform ,
U.S. Treasury
On April 10, 2020, the Internal Revenue Service (the “IRS”) issued Revenue Procedure 2020-22 (the “Revenue Procedure”), which (1) permits an “electing real property trade or business” that elected not to be subject to the...more
4/14/2020
/ Accounting ,
Alternative Minimum Tax ,
Business Assets ,
Business Income ,
Business Taxes ,
C-Corporation ,
Capital Gains ,
Capital Losses ,
Corporate Taxes ,
Cost Recovery ,
Covered Employees ,
Estate Tax ,
Income Taxes ,
Internal Revenue Code (IRC) ,
Investors ,
IRA Rollovers ,
IRS ,
New Legislation ,
Pass-Through Entities ,
S-Corporation ,
Section 179 Property ,
Shareholders ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Reform ,
Trump Administration
This is the fifth issue in a planned series of alerts designed to provide an in-depth analysis on topics related to tax reform.
On December 15, 2017, Congressional Leaders announced that the conferees appointed by both...more
12/21/2017
/ Compensation & Benefits ,
Executive Compensation ,
Fringe Benefits ,
Legislative Agendas ,
Pending Legislation ,
Section 162(m) ,
Settlement ,
Sexual Harassment ,
Tax Deductions ,
Tax Rates ,
Tax Reform ,
Trump Administration
This is the third issue in a planned series of alerts designed to provide an in-depth analysis on topics related to tax reform.
Background
On November 2, 2017, House Republicans introduced the Tax Cuts and Jobs Act...more
12/19/2017
/ Business Taxes ,
Carried Interest ,
Corporate Taxes ,
EBITDA ,
Income Taxes ,
International Tax Issues ,
Legitimate Business Interest ,
Like Kind Exchanges ,
Local Taxes ,
Mortgage REITS ,
Pass-Through Entities ,
State Taxes ,
Tax Deductions ,
Tax Rates ,
Tax Reform ,
Trump Administration