United States: IRS pushes filing requirements into uncertain territory
On 11 October 2022, the IRS published a draft Schedule Uncertain Tax Position ("Draft Schedule UTP") and corresponding Instructions. The IRS…
Source: lexology.com
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Crypto Exchange Bankruptcies: Are Prepetition Crypto Withdrawals and DeFi Loan Repayments Avoidable Preferences? | Morrison & Foerster LLP
Over the span of two weeks in July 2022, two of the largest retail-facing cryptocurrency platforms, Celsius and Voyager, filed for chapter 11 bankruptcy protection. Both cases were...
Source: jdsupra.com
Weekly IRS Roundup November 7 – November 11, 2022 | McDermott Will & Emery
Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of November 7, 2022 – November 11, 2022.
Source: jdsupra.com
IRS and Tax Law Updates Week of November 7, 2022
IRS released Internal Revenue Bulletin 2022-45 on actuary enrollment fees, tax provision inflation adjustments, corporate bond monthly yield curve, retirement plan dollar limitations, and more.
Source: natlawreview.com