Page 38 - Internal Revenue Code Section News Today

Which tax-free transactions will trigger an estate tax if the taxpayer dies after the higher exemption amount sunsets?

Oklahoma City-based LSB Industries Inc. is taking initial steps to bring carbon capture and sequestration (CCS) to its natural gas-fed chemicals producing

The IRS is working on a guidance update that for the first time will allow individually designed retirement plans used by some nonprofits and schools to apply for a determination letter from the agency, according to an IRS official.

An information package contains a listing of required modifications and sample language for nearly any provision a plan might include.

New rules make the accounting easier, but traps remain for awards that are not carefully structured. Don’t procrastinate.

19.04.2022 - ROSEMONT, Ill., April 19, 2022 (GLOBE NEWSWIRE) - Wintrust Financial Corporation (“Wintrust”, “the Company”, “we” or “our”) (Nasdaq: WTFC) announced net income of $127.4 million or $2.07 per diluted common share for the first quarter of 2022, an ...

Is this a tax evasion scheme or a legitimate planning strategy?

With the April 18 tax deadline nearing, we’ve compiled a list of do’s and don’ts to help last-minute tax filers.

In furtherance of the Biden Administration’s January 28, 2021, Executive Order 14009 and April 5, 2022, Executive Order 14070 to protect and strengthen the ACA, the Treasury Department...

The FDA and FTC issued a record seven warning letters in one day to companies making CBD, the largest federal action against the industry in over a year.