News & Analysis as of

Tax Returns › Tax Code › Federal Taxes

Foster Garvey PC

One Big Beautiful Bill Act, H.R. 1 – 119th Congress (2025-2026): Part I – The SALT Deduction

Foster Garvey PC on

On July 1, 2025, the One Big Beautiful Bill Act, H.R.1 – 199th Congress (2025-2026) (the “Act”) was passed in the U.S. Senate (“Senate”). On July 3, 2025, it was passed in the U.S. House of Representatives (“House”) and...more

Bowditch & Dewey

Spousal Relief From Joint Tax Liability

Bowditch & Dewey on

As a general rule, when a married couple files a joint tax return, they are jointly and severally liable for the entire tax. But what happens if one spouse failed to report income and the other spouse did not know or have...more

Freeman Law

It’s Not Too Late!—Untimely S Elections

Freeman Law on

In my practice, I have seen various issues related to a taxpayer’s S election. Corporations potentially jeopardize their S election by unknowingly creating a second class of stock through convertible debt. Corporations,...more

Parker Poe Adams & Bernstein LLP

S.C. Avoids Accounting Nightmare for 2018 Tax Returns and Expands Tax Credits for Economic Development

Parker Poe Adams & Bernstein LLP on

The South Carolina legislature finalized two bills this week that will impact economic development, the broader business community, and nearly every taxpayer in the state. The bill with the widest impact – H.5341 – was...more

4 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
Sign up Log in
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide