Holland & Knight
Holland & Knight Partners Abbey Garber and Denise Mudigere, along with Associate Kate Minnich, co-authored an article in the December 2021 issue of Headnotes, a publication of the Dallas Bar Association.
Winston & Strawn LLP
The wait is finally over: The Internal Revenue Service Large Business and International (LB&I) Division will start implementing the Large Partnership Compliance (LPC) Program within the next two weeks. The IRS introduced the program last year.
educing perceived wealth disparity in the United States has become a major political goal of the Biden Administration and the Democratic Party.
When a Mosotho or a Sesotho speaker says "stay together," they usually mean "live together." By this terminology, the Inclusive Framework of 137 countries that agreed in October...
When Tip O'Neill reigned in the House of Representatives, legislators served their constituents by ensuring that spending bills allocated money for projects in their communities.
Winston & Strawn LLP
On April 28, 2021, the Biden White House released a fact sheet describing the "American Families Plan," which seeks to raise $1.5 trillion in revenue from wealthy taxpayers to cover new subsidies for families and workers.
On Sunday, September 12, 2021, the House Ways & Means Committee (the "Committee") released draft legislation as part of Congress' ongoing $3.5 trillion budget reconciliation process.
Thompson Hine LLP
On November 24, 2021, the Office of the U.S. Trade Representative (USTR) announced that the United States and India reached an agreement regarding the treatment of Digital Services Taxes (DSTs).
Russell, Krafft & Gruber
This summer, the IRS issued interim regulations clarifying that excess deductions from a Trust or an Estate can pass out to beneficiaries. In the early fall, the IRS issued final regulations to the same effect.
Last month, the House Ways & Means Committee (the "Committee") approved draft legislation (the "Legislation") as part of Congress' ongoing $3.5 trillion budget reconciliation process.
As has been the case over the last couple of years, opportunity zone ("OZ") investments have been the subject much interest from taxpayers and investors during 2021.
Katten Muchin Rosenman LLP
During 2021, COVID-19, the new Biden administration, the Tax Cuts and Jobs Act (TCJA), the Coronavirus Aid, Relief and Economic Security Act (CARES ACT), the American Rescue Plan (ARP), ...
The U.S. House of Representatives passed a crucial part of President Biden's agenda by a vote of 220-213 on November 19.
Despite the record-high prices in real estate some homeowners and landlords have experienced financial hardships due to the COVID-19 pandemic.
The Roth IRA can be an attractive retirement savings vehicle due to the benefits they offer. Contributions are nondeductible on your income tax return...
If you were focused on the legislative proposals to make it even more difficult for private fund managers to achieve long-term capital gains from carried interests,...
Regardless of whether you are just starting your own law practice or you have a well-established law firm, entity structure is something to consider.
Almost three months after it passed the U.S. Senate, the U.S. House of Representatives has passed the Infrastructure Investment and Jobs Act (IIJA), better known as the bipartisan infrastructure bill.
Last fall, the IRS announced, with respect to pass-through entities (LLCs or other entities taxed as partnerships or S corporations), that, if state law allows or requires the entity itself to pay state...
As previously reported on May 7 and June 17 of this year, Washington state lawmakers enacted a new capital gains tax, set to go into effect on January 1, 2022...