The Tax Adviser3d
Corporate AMT prop. regs. impose new partnership information tracking system
This article outlines a five-step process for calculating a corporate partner’s distributive share related to the application of the corporate alternative minimum tax imposed on an applicable ...
The Tax Adviser6d
Universal accounting for digital assets concludes, but safe harbor available
The new safe-harbor guidance for digital asset transaction reporting in Rev. Proc. 2024-28 goes into effect Jan. 1, 2025. This article explains how taxpayers may rely on the safe harbor to allocate ...
The Tax Adviser2mon
C Corporation Income Taxation
This article outlines a five-step process for calculating a corporate partner’s distributive share related to the application of the corporate alternative minimum tax imposed on an applicable ...
The Tax Adviser2mon
C Corporation Income Taxation
The regulations terminate the continued application of the Sec. 367(d) annual inclusion in certain cases when intangible property is repatriated to the United States after previously being transferred ...
The Tax Adviser2mon
S Corporation, Partnership & LLC Taxation
This article outlines a five-step process for calculating a corporate partner’s distributive share related to the application of the corporate alternative minimum tax imposed on an applicable ...
The Tax Adviser3mon
S Corporation Income Taxation
This article outlines a five-step process for calculating a corporate partner’s distributive share related to the application of the corporate alternative minimum tax imposed on an applicable ...
The Tax Adviser3mon
Partnership and LLC Taxation
Taxpayers should consider tax planning issues for partnerships and their partners when raising capital and exchanging debt for equity. U.S. persons owning an interest in a foreign partnership may be ...
The Tax Adviser4mon
Partnership and LLC Taxation
The Sec. 737 rules can cause a member to recognize precontribution gain on contributed property where the value of property later distributed to that member exceeds their basis in the LLC. States vary ...
The Tax Adviser6mon
Taxation of Estates & Trusts
The IRS issued guidance for recipients of property from decedents on the basis-consistency requirement and for executors and others on basis-reporting requirements. The IRS said that crowdfunding ...
The Tax Adviser6mon
Taxation of Estates & Trusts
The IRS issued guidance for recipients of property from decedents on the basis-consistency requirement and for executors and others on basis-reporting requirements. The IRS said that crowdfunding ...