Tax Law Defined™ Blog
-
Revisiting the Choice of Entity Decision After OBBBA’s 2025 Tax Law Changes | Part 1November 21, 2025 | Qualified Small Business Stock (QSBS)
Section 1202 provides an exclusion from capital gain when a taxpayer sells qualified small business ...
-
“Pig Butchering” Scams and How Victims May Be Able to Deduct Their Losses Under IRC §165November 17, 2025 | Publications
Impact of Cyber Crimes on Individuals There is no silver lining for a victim who suffers a financial...
-
Amendment Deadline Approaches for Code Section 457(b) Plans of Tax-Exempt EmployersNovember 4, 2025 | Publications
Code Section 457(b) plans sponsored by tax-exempt employers (“T-E 457(b) Plans”) must be amended...
-
Scott Dolson Discusses Tax Planning Strategies on ‘QSBS, Solved’ PodcastOctober 9, 2025 | In the News
Frost Brown Todd’s Scott Dolson was the featured quest on the QSBS, Solved podcast in an episode t...
-
It Is in the Giving That We Receive: Federal Charitable Contribution Tax Regime Changes Under the One Big Beautiful Bill ActSeptember 18, 2025 | Presidential Administration Impacts
Effective charitable planning was already an intricate and complex process before the passage of the...
-
Shifting Ground: How IRS Notice 2025-42 Redefines When Construction Begins for Applicable Wind and Solar FacilitiesAugust 29, 2025 | Presidential Administration Impacts
On August 15, 2025, the Internal Revenue Service (IRS) released Notice 2025-42, consistent with Pres...
-
Hey, What About the Free Rivers Doctrine?August 27, 2025 | Publications
Many states, particularly Kentucky, impose tax upon commercial inland watercraft vessels, oftentimes...
-
Businesses Using Passthrough Entities Win Big in Trump Tax BillAugust 20, 2025 | In the News
Frost Brown Todd’s Mark F. Sommer, Elizabeth M. Ethington, and Kenneth Schwalbert Jr. authored...
-
OBBBA Delivers Significant Benefits to High-Net-Worth IndividualsAugust 20, 2025 | Presidential Administration Impacts
In my practice as part of our firm’s Wealth Planning and Family Office group, I work with many hig...
-
A Slow Legislative Session in KentuckyAugust 18, 2025 | Publications
As we enter the dog days of summer, a number of tax changes have taken effect in Kentucky, with more...
-
Corporations Are Eligible to Issue Qualified Small Business Stock (QSBS) Only if They Satisfy Section 1202’s “Aggregate Gross Assets” TestAugust 11, 2025 | Presidential Administration Impacts
Section 1202 permits a taxpayer to claim a gain exclusion in connection with the sale or exchange (i...
-
Section 1202 and QSBS: A Survey of States That Don’t Conform to the Federal TreatmentAugust 8, 2025 | Presidential Administration Impacts
Section 1202 of the Internal Revenue Code provides a capital gains exclusion for certain qualified s...