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IRS Commissioner Charles Rettig, testifying before Congress in April 2021, estimated the gap between taxes owed and taxes collected in the United States to be close to $1 trillion.
On January 4, 2021, the US Treasury Department (Treasury) and the Internal Revenue Service (IRS) published final regulations under Section 1001 of the Internal Revenue Code of 1986 (the...
Donor advised funds ("DAFs") and private charitable foundations have long been used as private charitable endowments by donors...
Taxes and Snowy Weather? How many of you awoke Saturday to find that the winter storm about which we had heard so much during the preceding days had lived up to its...
Mississippi Governor Tate Reeves signed legislation legalizing medical cannabis on February 2, 2022. Known as the “Mississippi Medical Cannabis Act”, the law permits the use of medical...