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COVID-19: Revenue Procedure 2021-53

Updated from May 2020 - As the economy continues to grapple with the continuing effects of the coronavirus (COVID-19) pandemic, companies are increasingly facing liquidity issues. Among those affected are real estate...more

12/20/2021  /  Corporate Taxes , IRS , REIT , RICs

Federal Tax Guidance Regarding RICs’ Investments in Commodities, Certain PFICs, and “Securities”

The Treasury Department (Treasury) and the Internal Revenue Service (Service) recently issued proposed regulations that, if finalized as proposed, could have a significantly adverse effect on the ability of a regulated...more

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