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IRS Finalizes Rules on Partnership Basis-Shifting Maneuver: What Partnerships Need to Know

On Friday, the IRS finalized regulations requiring partnerships to report specific basis adjustment transactions—a move…

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Who’s in Your Corner? Navigating Trusted Relationships as a CEO

When you’re a CEO, the weight of responsibility can feel immeasurable. The decisions you make…

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Your Year-End Tax Checklist: Stay Ahead for a Successful New Year

As the end of the year approaches, it’s time to ensure your financial and tax…

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Maximize Your Savings: Year-End Tax Planning for Partnerships

As the year ends, partnerships have a prime opportunity to enhance their tax efficiency and…

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Year-End Tax Planning: What Individuals Should Expect for the 2024 Tax Year

As the end of 2024 approaches, individuals should begin planning to optimize their tax positions…

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IRS Releases Proposed Rules on Previously Taxed Earnings and Profits (PTEP): What Businesses Need to Know

The IRS recently released proposed regulations under tax code Section 959, offering long-awaited guidance on…

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