
New guidance and dedicated website provide instruction to taxpayers electing into the pass-through entity tax workaround.

Budget bill increases personal and corporate tax rates, enacts a SALT deduction workaround and makes other changes to the tax code.

The best way to handle a state or local tax controversy is to build a strong foundation of pre-controversy preparation.

States may not allow the gross income tax exclusion provided by the federal program, resulting in taxable discharge of indebtedness income.

Tax planning opportunities for consideration in light of COVID-19, the resulting economic crisis, and evolving tax laws and regulations.