Tax Law Defined™ Blog
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Comprehensive West Virginia Property Tax Reform Failed, But Incentives Are Available
May 16, 2023 | Blogs
The West Virginia Legislature in the 2021 regular session approved H.J.R. 3, the Property Tax Modern...
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Kentucky Tax Talk: Pros, Cons of the SALT Cap Workaround
May 10, 2023 | Blogs
This article was originally published in Law360 Expert Analysis. Kentucky H.B. 360 went through qu...
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Important Alert for 401(k) and 403(b) Plans that Do Not Allow Participants to Make Roth Contribution...
May 1, 2023 | Blogs
The recent comprehensive retirement plan legislation, often called SECURE 2.0, made an important cha...
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SECURE 2.0 Changes to Retirement Plan Corrections
April 20, 2023 | Publications
Our overview of Division T of the Consolidated Appropriations Act, titled “The SECURE 2.0 Act of 2...
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Ohio Tax Talk: Tax Amendments in Operating Budget Proposal
April 6, 2023 | Blogs
This article was originally published in Law360 Expert Analysis. H.B. 33 establishes the state of Oh...
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Sports Betting in Kentucky – Now What?
April 5, 2023 | Publications
The Kentucky Legislature recently enacted, after many years on the table, limited sports betting. 20...
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Kentucky Legislation Creates New Property Tax Valuation Method for Affordable Multifamily Properties
March 24, 2023 | Blogs
Kentucky Governor Andy Beshear recently signed a bill that will provide more certainty for annual pr...
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Want to Use the Money in Your IRA for Loans or Certain Related Investments? Think Again
March 22, 2023 | Blogs
Many individuals have accumulated significant funds in their individual retirement accounts (IRAs), ...
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IRS Proposes 401(k) Forfeiture Rules
March 21, 2023 | Publications
On February 27, the Internal Revenue Service (IRS) issued proposed regulations on when and how forfe...
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Kentucky’s Bourbon Barrel Tax May Be Headed Toward Bitter Ending
March 16, 2023 | Blogs
*This article was originally published in Bloomberg Tax. There were reportedly more than 11.5 mill...
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Relief for Reporting RMDs for IRAs in 2023
March 16, 2023 | Blogs
On March 7, 2023, the Internal Revenue Service (IRS) released Notice 2023-23, which provides guidanc...
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Tax Bills Passed During 2023 West Virginia Legislative Session
March 13, 2023 | Blogs
The most discussed issue during West Virginia 2023 Legislative Session was Governor Jim Justice’s ...