The U.S. Supreme Court has lifted an injunction that previously blocked the enforcement of beneficial ownership information (BOI)...

The IRS has recently enhanced its Direct Pay  service, enabling businesses to securely make tax payments, including Federal Tax Deposits...

The IRS ( IR-2025-10 ) and California Franchise Tax Board ( FTB ) have extended tax filing and payment deadlines for victims of the...

On December 27, the 5th Circuit Court vacated the motion to stay the injunction on BOI reporting. As a result, the Financial Crimes...

December 23, 2024 - Recent court rulings have created uncertainty around the enforcement of the Corporate Transparency Act (CTA) and its...

On June 7th, the IRS announced in updated News Release TX 2024-13 that Texas taxpayers affected by the recent severe weather events,...

It may seem that there will always be time to address estate planning. However, a unique opportunity to maximize the amount of wealth...

Starting January 1, 2024, a significant number of businesses will be required to comply with the Corporate Transparency Act (“CTA). The...

On March 2, 2023, the California Franchise Tax Board extended state tax filing and payment due dates to October 16, 2023 (Link) to align...

Due to natural disasters in most of California and parts of Georgia and Alabama, the IRS extended the tax filing and payment dates until...

On December 12, 2022, the IRS released Rev. Proc. 2023-8 containing long-awaited procedural guidance concerning the 2017 amendment to...

The IRS on August 23, 2022, announced it will grant automatic penalty relief for late-file penalties imposed with respect to certain...

The US House of Representatives approved on Friday the final version of the Inflation Reduction Act – H.R. 5376 – which includes a 15%...

On August 4, the IRS issued final regulations (TD 9963) that remove the signature requirement associated with making a Section 754...

The Treasury Department on April 26, 2022, released proposed regulations limiting the anti-clawback rule previously published on November...

California Governor Gavin Newsom on February 9, 2022, signed various adjustments to the state’s overall budget into law. The...

The federal income tax rules that apply to private equity funds and investors have been the subject of much debate, mainly due to the...

As the 2021 legislative calendar comes to a close, so does the prospect of Senate passage of the Build Back Better Act. With a 50-50...

We've posted our year-end tax letters exclusively for our email subscribers. If you haven't already subscribed, click here to complete a...

California became one of the 19 states and counting that has enacted its own pass-through entity (PTE) tax election statute as a...