Tax Law Defined™ Blog
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Tax Amnesty in Kentucky Jeopardized by State’s ‘Punt’ on FundingSeptember 18, 2023 | Blogs
This article was originally published in Bloomberg Law Daily Tax Report. Many taxpayers, tax pract...
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IRS Presses Pause on Processing New ERC ClaimsSeptember 15, 2023 | Blogs
On September 14, the IRS announced that it would stop processing new claims for the Employee Reten...
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Navigating the Blockchain Landscape: Recent IRS Guidance on Convertible Virtual Currency and the Tre...August 29, 2023 | Blogs
This article explores recent developments in the U.S. federal taxation of virtual currencies by the ...
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ESOPs Encouraged but Do It Right! SECURE 2.0 ESOP Provisions and Expanded IRS FocusAugust 17, 2023 | Publications
The SECURE 2.0 Act of 2022 (SECURE 2.0), which was passed as 2022 wound down, expands on the Setting...
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Major Tax Changes in Ohio – H.B. 33 Biennial Budget Bill Tax UpdateAugust 15, 2023 | Blogs
Signed by Governor Mike DeWine on July 3, 2023, Ohio’s Fiscal Year (FY) 2024-2025 biennial ope...
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New Rules Require Plans to ‘Chase Time’ – Coverage for Long-Term Part-Time EmployeesAugust 15, 2023 | Publications
Certain 401(k) and 403(b) plans must be amended to allow part-time employees to participate under ne...
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Federal & State Tax Implications of Kentucky’s New Employee Child Care Assistance Partnership...August 3, 2023 | Blogs
Governor Andy Beshear signed House Bill 499 into law in April 2022, thereby creating a new program c...
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Indiana’s New Successor Tax Liability Statute – How to Comply and Avoid PitfallsJuly 28, 2023 | Blogs
*Kenny Schwalbert, a J.D. candidate at the University of Louisville Brandeis School of Law, contribu...
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Sale or Redemption of a Partnership Interest – Is There a Difference?July 27, 2023 | Blogs
Partners in a partnership and members of a limited liability company that is taxed as a partnership ...
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Two Years ‘til Sunset: It’s Time for Sunshine State Residents to Consider the Implementation of ...July 14, 2023 | Blogs
One year ago, the Florida Legislature amended Florida Statute Section 736.0505, which made the tax-s...
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Ohio Tax Talk: Building On Federal Affordable Housing CreditJuly 7, 2023 | Blogs
This article was originally published by Law360 Expert Authority. The Ohio Senate issued its versi...
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Advanced Section 1202 (QSBS) Planning for S CorporationsJuly 3, 2023 | Blogs
Section 1202 provides for a substantial exclusion of gain from federal income taxes when stockholder...