October 1, 2021 9:51 pm Published by prismatax The way the opportunity is structured is to treat the liquidation of the S corporation into a domestic partnership as... View Article
October 1, 2021 7:54 pm Published by prismatax If Congress fails to suspend or raise the national debt limit, it could have a trickle-down effect that would put... View Article
October 1, 2021 4:39 pm Published by prismatax Florida is now the ninth state to implement or adopt a corporate income tax cut in 2021, with the state’s... View Article
September 30, 2021 8:59 pm Published by prismatax California Governor Gavin Newsom signed laws to encourage more housing construction allowing overriding of local zoning to get more affordable... View Article
September 30, 2021 3:51 pm Published by prismatax One of the Senate’s proposals to pay for the Build Back Better Act is a federal excise tax on virgin... View Article
September 29, 2021 6:46 pm Published by prismatax Recent proposals from the Biden administration and congressional Democrats aim to hike taxes on the foreign profits of U.S. multinationals,... View Article
September 29, 2021 4:36 pm Published by prismatax Benjamin M. Willis of Tax Notes and Jed Bodger of Sierra Nevada Corp. make predictions for tax legislation, focusing on... View Article
September 29, 2021 2:51 pm Published by prismatax Last week, The New York Times reported that in opposing corporate or individual income tax increases, Senator Kyrsten Sinema (D-AZ)... View Article
September 29, 2021 2:49 pm Published by prismatax The IRS wants to nab crypto tax cheats, but owners of secret offshore accounts are still in the cross hairs.... View Article
September 29, 2021 1:00 pm Published by prismatax You might have to pay taxes on appreciated crypto positions you didn’t actually sell.