Treasury finalizes real estate safe harbor for qualified business income deduction
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InsightFiscal Responsibility Act addresses debt ceiling, adjusts allocations, IRS fundingShayne ByrneThe Fiscal Responsibility Act will cap some spending over the next two years and rescind some of the $80 billion in IRS funding provided by the Inflation Reduction Act of 2022. Learn more.
InsightNew IRC Section 174 can affect all taxpayersTravis Butler, Scott Ibbotson, Tim MorrisonThe new Section 174 law has far-reaching implications for companies conducting qualified research and/or have experimental expenditures. Read more.
InsightRethinking tax accounting methods: 4 key change typesRichard Shevak, Travis Butler, Tim MorrisonOptimizing your company’s tax accounting methods can help you avoid IRS risk or defer tax payments. Read about 4 top change types and their benefits.
InsightBefore you file an estate tax return, here’s what to consider to maximize proceedsDonald NimeyIn some cases where assets’ value declines after the date of death, it may be possible to maximize proceeds with an alternative date. Learn more.