On July 4, 2025, President Donald Trump signed into law the One Big Beautiful Bill Act (H.R.1) (OBBBA). This alert focuses on OBBBA changes regarding qualified small business stock (QSBS) and qualified opportunity zone (QOZ)...more
7/22/2025
/ Capital Gains ,
Estate Planning ,
Federal Taxes ,
Internal Revenue Code (IRC) ,
Investors ,
New Legislation ,
One Big Beautiful Bill Act ,
Opportunity Zones ,
Qualified Opportunity Funds ,
Qualified Small Business Stock ,
Small Business ,
Tax Avoidance ,
Tax Benefits ,
Tax Cuts and Jobs Act ,
Tax Planning ,
Tax Reform
On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) was enacted into law. The OBBBA extends and expands numerous tax provisions from the Tax Cuts and Jobs Act of 2017 (TCJA), repeals or scales back several provisions from...more
7/14/2025
/ C-Corporation ,
Exclusions ,
Federal Taxes ,
Income Taxes ,
New Jersey ,
One Big Beautiful Bill Act ,
Qualified Small Business Stock ,
Startups ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Incentives ,
Tax Reform ,
Venture Capital
The President is expected to imminently sign the Inflation Reduction Act of 2022 (the “Act”), which was passed by both the Senate and House of Representatives. This Client Alert addresses two main tax provisions in the...more
8/17/2022
/ Alternative Minimum Tax ,
Corporate Net Income ,
Corporate Taxes ,
Excise Tax ,
Foreign Corporations ,
GAAP ,
Inflation Reduction Act (IRA) ,
IRS ,
Net Operating Losses ,
New Legislation ,
Partnerships ,
Securities and Exchange Commission (SEC) ,
Stock Repurchases
On March 27, the United States House of Representatives passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act (the “Act”), and the President signed it into law. This alert summarizes key tax and employee...more