Popular, Federal Taxes

One Big Beautiful Bill Act’s No Tax On Tips and Overtime Provisions Prompt Important Questions and Considerations for Both...

Vedder Price on 7/31/2025

On July 4, 2025, President Donald Trump signed the “One Big Beautiful Bill Act” (OBBBA) into law. The expansive federal tax and spending bill contains two provisions touching on extant wage and hour law that may have...more

The One Big Beautiful Bill Act: Insights for Commercial Real Estate

Tannenbaum Helpern Syracuse & Hirschtritt LLP on 7/24/2025

The One Big Beautiful Bill Act (“OBBBA”), enacted into law on July 4, 2025, provides extensive federal tax policy changes impacting a multitude of industries, including commercial real estate (“CRE”). With respect to CRE,...more

Top 10 Workplace Law Developments To Expect Under President Trump

Fisher Phillips on 11/7/2024

Now that we know Donald Trump will return to the White House as President, it’s time for employers to take a look at what they might expect during his second term in office. We have gathered insights from some of our firm’s...more

IRS Tax Refunds are Lower for Tax Year 2023 Thus Far

Allen Barron, Inc. on 2/19/2024

Did you know IRS tax refunds are lower for tax year 2023 thus far when compared to the same point a year ago? While the IRS just began accepting tax returns for tax year 2023 on January 29 of this year, there is already one...more

Unlocking Clean Energy Investments: New Elective Payment Credits for State and Local Governments

Foster Garvey PC on 2/8/2024

State and local governments undertaking clean energy projects may be eligible for cash payments equal to the renewable electricity production tax credit or energy investment tax credit that would have been available to a...more

[Webinar] Cryptocurrency and NFT Tax - March 15th, 1:30 pm ET

Kilpatrick on 3/10/2022

Join the Kilpatrick Townsend tax team for our winter CLE webinar as team members discuss the current federal, state, and unclaimed property treatment of cryptocurrency, non-fungible tokens and related tax topics. The webinar...more

Vital Signs: Digital Health Law Update Winter 2022

Jones Day on 3/9/2022

Note From the Editors With 2022 well underway, the rapid pace of statutory, regulatory, policy, and industry activities in digital health continues in force. We bring you Vital Signs, a curated, one-stop resource on the most...more

[Webinar] First Annual Health Law Virtual Summit - November 4th - 5th, 11:00 am - 3:00 pm ET

Dickinson Wright on 10/28/2021

From new fraud and abuse rules, to telehealth and tax legislation to health care privacy and private equity in the healthcare space, a lot has changed in health law over the past year. Please join us for a two-day virtual...more

Tax Hikes, Senator Manchin, and Effective Dates – OH MY!

Rivkin Radler LLP on 10/5/2021

What was your month like? If you’re a transactional professional – a class in which I include those who advise clients on the purchase and sale of businesses and investment assets, as well as those who assist clients in...more

Cryptocurrency Tax Update

Bowditch & Dewey on 6/23/2021

The IRS continues its campaign against cryptocurrency investors and traders who evade income taxes on currency gains. As we wrote in 2016, the IRS was successful in compelling Coinbase, a large digital currency exchange, to...more

Stake your claim: Taxpayers claim the creation of cryptocurrency is akin to baking a cake and non-taxable

Eversheds Sutherland (US) LLP on 6/23/2021

In a US District Court complaint filed May 26, 2021, a married couple is seeking a refund of taxes they paid on cryptocurrency tokens the husband created, asserting that current law does not permit the treatment of created...more

New York State Extends Tax Filing Deadline to May 17, 2021

Gibney Anthony & Flaherty, LLP on 3/22/2021

New York State has extended the due date for personal income tax returns and related payments originally due on April 15, 2021 to May 17, 2021. This follows the federal tax deadline which was also extended from April 15,...more

New York’s Post-Election Tax Environment For Business Owners

Farrell Fritz, P.C. on 11/16/2020

Something Is Rotten- There’s a gray pall hanging over New York that has clouded the judgement of many politicians, and has left many of its residents feeling anxious and off-balance. No, it’s not the smoke from all the...more

The IRS Provides Some Good News to Oregonians During a Time When Positive News Is Rare – News Releases OR-2020-23 and IR-2020-215

Foster Garvey PC on 9/18/2020

When we thought times were bad enough with the COVID-19 pandemic and widespread social unrest in our country, the West Coast, including the Pacific Northwest, was struck with unprecedented wildfires and massive windstorms,...more

A Trap for the Unwary – IRS Denies Deductions for Expenses Paid with Forgiven PPP Loans

Bowditch & Dewey on 9/3/2020

A central feature of the CARES Act, the Paycheck Protection Program (PPP), provided a lifeline to a multitude of small businesses during the early days of the Coronavirus pandemic. PPP loans were used to cover payroll...more

Don’t Forget the Tax Man: Many Tax Returns and Payments Due Next Week

Lowndes on 7/8/2020

Because of Covid-19, the IRS extended most federal tax filing and payment deadlines otherwise due from April 1, 2020 to July 14, 2020 until July 15, 2020....more

Continuing COVID-19 Impacts on Federal Taxation - UPDATED

Maynard Nexsen on 5/8/2020

This is an update to an article originally released on March 31, 2020. The updates account for most of the administrative guidance released by the IRS and the descriptions in the JCT’s Bluebook. After some tense...more

IRS Expands COVID-19 Relief by Extending Additional Filing and Payment Deadlines for Businesses and Individuals to July 15, 2020

Greenbaum, Rowe, Smith & Davis LLP on 4/16/2020

The Internal Revenue Service (IRS) recently extended to July 15, 2020 a variety of filing and payment deadlines with the issuance of Notice 2020-23. The action provides additional relief to both businesses and individual...more

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