This is the seventh in a series of ten client alerts summarizing the key provisions of the Taxpayer Assistance and Service Act (the “TAS Act”), a bipartisan legislative package introduced
Continue Reading Taxpayer Assistance and Service Act Title VII: WhistleblowersTaxpayer Assistance and Service Act Title VI: IRS Independent Office of Appeals
This is the sixth in a series of ten client alerts summarizing the key provisions of the Taxpayer Assistance and Service Act (the “TAS Act”), a bipartisan legislative package introduced
Continue Reading Taxpayer Assistance and Service Act Title VI: IRS Independent Office of AppealsThe Taxpayer Assistance and Service Act: Title III: Judicial Review
This article is the third in a series analyzing the proposed Taxpayer Assistance and Service Act (the “TAS Act”), bipartisan legislation introduced by Senators Crapo and Wyden to improve service
Continue Reading The Taxpayer Assistance and Service Act: Title III: Judicial ReviewInternal Revenue Service Announces It Will Waive 2018 Estimated Tax Penalties for Many Taxpayers
The Internal Revenue Service announced today that it will waive the estimated tax penalty for many taxpayers whose 2018 federal income tax withholding and estimated tax payments fell short of
Continue Reading Internal Revenue Service Announces It Will Waive 2018 Estimated Tax Penalties for Many Taxpayers
Four States File Lawsuit Seeking to Invalidate New Federal Cap on State and Local Tax Deduction
The States of New York, Connecticut, Maryland, and New Jersey filed a federal court lawsuit this week challenging the constitutionality of the new $10,000 cap on the federal tax deduction
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IRS Cautions Taxpayers Regarding Efforts to Bypass New State and Local Tax Deduction Caps
Today the Internal Revenue Service notified taxpayers that it will soon be issuing regulations addressing the deductibility of state and local tax payments for federal income tax purposes. The IRS
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Tax Reform’s Likely Impact On Domestic M&A
Our colleagues Stanley Barsky, Michael S. Bookbinder, and Eric J. Michaels have published an article for Law360 addressing provisions of the Tax Cuts and Jobs Act that significantly
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New Tax Bill Means Changes for Employers: What You Need To Know
Our colleague Tiana R. Seymore has authored a client alert addressing several provisions in the Tax Cuts and Jobs Act which directly impact the workplace, including one that gives some
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Changes to Estate and Gift Taxes in the New Tax Law
Our colleague Debra T. Hirsch has authored a client alert addressing estate and gift tax planning issues impacted by the Tax Cuts and Jobs Act, which took effect yesterday. You
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