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Proposed Regulations Shed Light on Three-Year Holding Period Requirement for Carried Interest

Introduction and Background - Treasury and the IRS issued proposed regulations on July 31, 2020 under Section 1061 of the Code (Proposed Regulations). Section 1061 effectively creates a three-year holding period...more

Choice-of-Entity Considerations After Federal Tax Cuts

Choosing the appropriate type of entity is a multifaceted analysis—one that was impacted by the Tax Cuts and Jobs Act of 2017, or TCJA. Originally published in Middle Market Growth, the official publication of the...more

Choice of Entity Considerations Post-Tax Reform: Corporation or Flow-Through Entity?

Choosing the appropriate type of entity is a multifaceted analysis and is necessarily dependent upon a variety of factors, including business objectives, type of business, desire for cash distributions, and ease of obtaining...more

New Regulations Under 199A: Are You Eligible for a Deduction This Year? - Tax Update Volume 2018, Issue 4

Section 199A, enacted in the Tax Cuts and Jobs Act at the end of 2017, allows individuals and certain noncorporate taxpayers to deduct up to 20 percent of qualified business income (QBI) beginning in 2018. QBI generally...more

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