
BOI Filing – Can You Delay?
A federal district court in Alabama recently held the Corporate Transparency Act’s (CTA) Beneficial Ownership Information (BOI) reporting requirements to be unconstitutional and enjoined its
A federal district court in Alabama recently held the Corporate Transparency Act’s (CTA) Beneficial Ownership Information (BOI) reporting requirements to be unconstitutional and enjoined its
For many years, Pennsylvania has been the only state that has not recognized irrevocable trusts as grantor trusts under Internal Revenue Code 671-679. For tax
Have your 529 plan funds been gathering dust, untouched and unused? Has your child’s educational trajectory taken an unexpected turn, and there are no longer
Edited November 29th: FinCEN announced today that the 30-day registration period referenced in the last paragraph of this post was changed to 90 calendar days
On October 30, 2023, the IRS announced that it is indefinitely extending some temporary flexibilities that were slated to expire on October 31, 2023. During
The IRS recently issued a ruling related to the Section 1014 basis step-up, a profoundly important way in which taxpayers deal with estate planning issues.
On February 5, 2022, the IRS announced that it suspended mailing more than a dozen notices, including the mailing of automated collection notices normally issued
The National Taxpayer Advocate (NTA) provided an update on November 10, 2022 on the Internal Revenue Service’s return processing backlog. Unfortunately, it appears that the
Form 1099-K is an information return used to report certain payment transactions. Prior to 2022, Form 1099-K reporting was required when a third-party settlement organization