6/29/2026 6:53:37 PM IRS Provides Gift Tax Safe Harbor for Contributions to Trump Accounts By Leon Rittenberg III Caroline Lafourcade Kevin Naccari The IRS has issued Revenue Procedure 2026-25, offering welcome relief to individuals who contribute to “Trump accounts,” the new...
6/23/2026 6:30:37 PM IRS Rules Estate Administration Exception Can Shield Certain Stock Redemptions from Private Foundation Self-Dealing Rules By Leon Rittenberg III Caroline Lafourcade Kevin Naccari In Private Letter Ruling 202625012, released June 18, 2026, the IRS addressed the application of the private foundation self-dealing...
6/22/2026 3:26:37 PM IRS Signals New Opportunity Zone Rules Following OBBBA Overhaul By Leon Rittenberg III Caroline Lafourcade Kevin Naccari The IRS has announced its intent to issue proposed regulations and transitional guidance on qualified opportunity zones (QOZs) as revised...
6/18/2026 6:46:37 PM No Returns, No Records, No Relief: Tax Court Sustains Multi-Million-Dollar Deficiency Against New Orleans Care Provider By Leon Rittenberg III Caroline Lafourcade Kevin Naccari A recent Tax Court decision underscores that even a thriving, mission-driven business cannot outrun basic tax compliance. In Branch v....
6/10/2026 1:33:06 PM ICI Seeks Treasury Guidance on Section 351 ETF Conversions Amid Regulatory Uncertainty By Leon Rittenberg III Caroline Lafourcade Kevin Naccari The Investment Company Institute, the trade association representing more than $45 trillion in assets across mutual funds, ETFs, and...
6/4/2026 7:53:06 PM IRS Ruling Allows Multi-Line Family Business to Split Up the Business Lines Among Shareholders Tax-Free By Leon Rittenberg III Caroline Lafourcade John Rouchell John Bradford Kevin Naccari +2 more... Show less A common theme we see today in family-owned businesses is the ownership of several lines of business either through a parent corporation...
6/1/2026 3:43:36 PM LDR Clarifies LaTAP Registration Requirements for Contractors Claiming Public Project Sales Tax Exemption By Bob Angelico Caroline Lafourcade Kevin Naccari The Louisiana Department of Revenue has issued a revised version of Revenue Information Bulletin No. 25-023, originally published in...
5/28/2026 6:47:37 PM Proposed Constitutional Amendment Would Expand Homestead Exemption for Senior Property Owners By Bob Angelico Leon Rittenberg III Caroline Lafourcade Kevin Naccari +1 more... Show less Louisiana voters will have the opportunity to expand property tax relief for senior homeowners when a proposed constitutional amendment...
5/28/2026 3:16:37 PM Sixth Circuit Reverses $39 Million Excise Tax Judgment Against Fractional Jet Operator By Leon Rittenberg III Caroline Lafourcade Kevin Naccari In a unanimous decision issued May 27, 2026, the United States Court of Appeals for the Sixth Circuit reversed a $39 million judgment the...
5/28/2026 1:38:07 PM LDR Finalizes Pass-Through Entity Election and Withholding Table Rules By Bob Angelico Caroline Lafourcade Kevin Naccari The Louisiana Department of Revenue has finalized two sets of regulations published in the May 20, 2026 edition of the Louisiana Register...
5/22/2026 1:52:37 PM Reminder Alert – Louisiana State Inventory Tax Credit No Longer Available to C corporations for Taxes Paid on or After July 1, 2026 By Bob Angelico Leon Rittenberg III Caroline Lafourcade Kevin Naccari +1 more... Show less Taxpayers taxed as C corporations for federal income tax purposes, and estates and trusts subject to tax levied in R.S. 47:300.1 are...
5/21/2026 1:52:07 PM IRS Finalizes Rules Easing Reporting Burden for Partnership Interest Sales By Leon Rittenberg III Caroline Lafourcade Kevin Naccari On May 20, 2026, the IRS issued final regulations under Treasury Decision 10048 that permanently resolve a compliance problem that has...
5/15/2026 9:35:07 PM Update - Navigating Liability: The Future of Interstate Broker Regulation By Chace Vienne Kathryn Gonski Will Yost Last October, our team highlighted the tension between the Federal Aviation Administration Authorization Act of 1994 (the “Act”), and...
5/8/2026 9:07:07 PM Streamlined Extension Process Now Available for Employers Facing ERC Claim Disallowance Deadlines By Caroline Lafourcade On April 27th, the IRS announced a method for certain taxpayers to request additional time to pursue an administrative appeal when the...
5/6/2026 2:05:07 PM IRS Resumes Significant-Issue Rulings for Corporate Reorganizations and Spin-Offs By Leon Rittenberg III Caroline Lafourcade Kevin Naccari The IRS announced that it will once again issue private letter rulings on “significant issues” arising in corporate reorganizations and...
4/29/2026 9:52:37 PM Rolling the Dice on Reporting: Treasury Proposes Higher Thresholds and New Limits on Wagering Losses By Leon Rittenberg III Caroline Lafourcade Kevin Naccari The U.S. Department of the Treasury issued proposed regulations addressing two changes affecting the gaming industry and taxpayers: (i)...