Page 35 - Internal Revenue Code Section News Today

On May 18, 2022, in a 153-2 vote, the Massachusetts House of Representatives voted to amend the state’s tax code to provide income tax relief for Massachusetts cannabis businesses.

Florida's newest trust laws taking effect this summer are turning up the heat in what is already a hot estate planning scene. With the federal estate and gift tax exemption for U.S. citizens...

Florida’s newest trust laws taking effect this summer are turning up the heat in what is already a hot estate planning scene. With the federal estate and gift tax exemption for U.S....

Revenue Procedure 2022-32 extends time to file via simplified procedure from two to five years after decedent’s death

Merger negotiations aren’t relevant.

The IRS pilot program allows a plan sponsor to conduct a self-examination before a full or limited retirement plan audit would be initiated. In its June 3, 2022, Employee Plans...

They provide guidance on a number of issues involving expenses and claims.

In response to the Dobbs opinion and resulting restrictions on abortion services in some states, a number of national employers have announced their intentions to offer travel...

State and local taxes impact almost every taxpayer, and developments in any one jurisdiction can be frequent and sometimes confusing. In this newsletter edition, we will briefly...

The IBOR Transition Digest is a periodic compendium of global regulatory and market developments and insights on the complex issues confronting financial market participants as they continue to transition from LIBOR and...