A recent decision from the United States District Court for the Southern District of Florida offers a cautionary tale for estate planners...
On August 18, 2026, the D.C. Circuit handed EPA a clean win on one of the most consequential environmental rules of the decade. In...
The Treasury Department and IRS have issued proposed regulations that would eliminate an information-return filing requirement for...
The US Court of Appeals for the Fifth Circuit has quietly rewritten the rules for who counts as a "limited partner" exempt from...
The Treasury Department permanently scaled back the beneficial ownership reporting obligations that the Corporate Transparency Act (CTA)...
On August 5, 2026, the Tax Court issued its decision in Reed v. Commissioner, T.C. Memo. 2026-64, sustaining most of the IRS's...
On August 6, 2026, the IRS released Fact Sheet 2026-13, an expanded set of FAQs on the qualified overtime compensation deduction created...
On July 22, 2026, the House narrowly approved the FY27 National Defense Authorization Act (H.R. 8800) by a vote of 216 to 212, sending...
Representative Mike Kelly (R-Pa.) has introduced legislation that would create up to 100 "maritime prosperity zones" across the country,...
In Chief Counsel Advice (CCA) 202628009, released on July 10, 2026, the Internal Revenue Service concluded that a limited partner's...
The Department of the Treasury and the Internal Revenue Service have issued final regulations addressing reporting obligations for...
The IRS has issued Revenue Procedure 2026-25, offering welcome relief to individuals who contribute to “Trump accounts,” the new...
In Private Letter Ruling 202625012, released June 18, 2026, the IRS addressed the application of the private foundation self-dealing...
The IRS has announced its intent to issue proposed regulations and transitional guidance on qualified opportunity zones (QOZs) as revised...
A recent Tax Court decision underscores that even a thriving, mission-driven business cannot outrun basic tax compliance. In Branch v....
The Investment Company Institute, the trade association representing more than $45 trillion in assets across mutual funds, ETFs, and...