Tax Law Defined® Blog
Frost Brown Todd’s (FBT’s) tax-related blog serves as a practical resource on all things tax – from federal, state and local taxes to more nuanced areas like LLCs, succession planning, employee benefits, estates, incentives and regulated industries taxes. Our authors cover topics pertaining to corporations, employers, individuals, family-owned business, as well as those working in regulated industries, such as manufacturing, logistics, alcohol, tobacco and equine, that are subject to specific tax laws.
Recent Blog Posts
![Reducing, removing or overcome financial barrier, financial concept : US dollar bag on a maze puzzle. The image depicting a situation how to overcome financial difficulties and avoid a financial distress.](https://frostbrowntodd.com/app/uploads/2024/07/reducing-removing-or-overcome-financial-barrier-financial-concept-us-dollar-bag-on-a-maze-puzzle-the-image-depicting-a-situation-how-to-overcome-financial-difficulties-and-avoid-a-financial-distress-stockpack-gettyimages-270x500.jpg)
July 22, 2024 | Tax Law Defined™ Blog
Section 1202 provides for a substantial exclusion of gain from federal income taxes if a stockholder...
![A legislative assembly hall with empty desks and a large chandelier overhead.](https://frostbrowntodd.com/app/uploads/2020/04/KY-State-Senate-Chambers-270x500.jpg)
June 20, 2024 | Blogs
*This article was originally published in Tax Notes (Vol. 112, No. 10) on June 3, 2024. In recent ...
![The real estate or residential concrete and wooden frame construction 3d model on blueprints and house the keys to the apartment a stack of coins.](https://frostbrowntodd.com/app/uploads/2024/06/the-real-estate-or-residential-concrete-and-wooden-frame-construction-3d-model-on-blueprints-and-house-the-keys-to-the-apartment-a-stack-of-coins-stockpack-gettyimages-270x500.jpg)
June 7, 2024 | Blogs
Tennessee is the next state to follow a national trend and enact its own state low-income housing ta...
![Due to the coronavirus the department of treasury is issuing to US citizens economic impact payments known as a stimulus check.](https://frostbrowntodd.com/app/uploads/2024/05/due-to-the-coronavirus-the-department-of-treasury-is-issuing-to-us-citizens-economic-impact-payments-known-as-a-stimulus-check-stockpack-gettyimages-270x500.jpg)
May 30, 2024 | Blogs
In an earlier blog entitled, “Gold Bullion and Kentucky Sales Tax – The Ghost of Caesar Haunts,...
![Social Security Reform Legislation](https://frostbrowntodd.com/app/uploads/2024/05/social-security-reform-legislation-stockpack-gettyimages-270x500.jpg)
May 24, 2024 | Blogs
With such significant tax reform legislation passed in Kentucky over the last several years, some sp...
![A magnifying glass leans against a thick stack of papers. Photographed with a very shallow depth of field.](https://frostbrowntodd.com/app/uploads/2024/05/a-magnifying-glass-leans-against-a-thick-stack-of-papers-photographed-with-a-very-shallow-depth-of-field-stockpack-gettyimages-270x500.jpg)
May 10, 2024 | Blogs
*This article was originally published by Law360. Over the last several years, the Kentucky Genera...
![A hand is holding a fanned-out stack of US dollar bills.](https://frostbrowntodd.com/app/uploads/2020/04/Handing-Cash-Over-270x500.jpg)
April 26, 2024 | Blogs
On April 25, 2024, in a significant development for taxpayers doing business in Tennessee, both the ...
![high contrast image of casino roulette in motion](https://frostbrowntodd.com/app/uploads/2024/04/high-contrast-image-of-casino-roulette-in-motion-stockpack-gettyimages-270x500.jpg)
April 25, 2024 | Blogs
Stockholders must satisfy several eligibility requirements before they can claim Section 1202’s ge...
![Real 400-troy-ounce (12.4 kg or 438.9 ounces) Good Delivery gold bar. Pure gold 24k carat with 99.99% purity. Shallow DOF, selective focus. http://santoriniphoto.com/Template-Business.jpg](https://frostbrowntodd.com/app/uploads/2024/04/real-400-troy-ounce-124-kg-or-4389-ounces-good-delivery-gold-bar-pure-gold-24k-carat-with-9999-purity-shallow-dof-selective-focus-httpsantoriniphotocomtemplate-businessjpg-stockpack-gettyimages-270x500.jpg)
April 19, 2024 | Blogs
Last week, the Kentucky General Assembly during its 2024 Regular Session enacted H.B. 8, one provisi...
![Person analyzing the market trends on a digital screen](https://frostbrowntodd.com/app/uploads/2024/03/person-analyzing-the-market-trends-on-a-digital-screen-stockpack-gettyimages-270x500.jpg)
April 16, 2024 | Publications
The Simple Agreement for Future Equity (SAFE) was introduced in 2013 on the startup accelerator Y Co...
![An arrow, photographed with a very shallow depth of field, sits on top of an old map lined with compass lines and navigational aids.](https://frostbrowntodd.com/app/uploads/2024/04/an-arrow-photographed-with-a-very-shallow-depth-of-field-sits-on-top-of-an-old-map-lined-with-compass-lines-and-navigational-aids-stockpack-gettyimages-270x500.jpg)
April 12, 2024 | Blogs
The Simple Agreement for Future Equity (SAFE) was introduced in 2013 on the startup accelerator Y Co...
![Horses rounding a turn in the Kentucky Derby race](https://frostbrowntodd.com/app/uploads/2020/03/derby-270x500.jpg)
April 11, 2024 | Blogs
Now that much of the craziness and uncertainty of the COVID-19 pandemic has passed, which affected t...
![Kentucky state of United States flag on flagpole textile cloth fabric waving on the top sunrise mist fog](https://frostbrowntodd.com/app/uploads/2024/03/kentucky-state-of-united-states-flag-on-flagpole-textile-cloth-fabric-waving-on-the-top-sunrise-mist-fog-stockpack-gettyimages-270x500.jpg)
March 27, 2024 | Blogs
In what has otherwise been a generally mild Kentucky Legislative Session in terms of tax reform, the...
![A legislative assembly hall with empty desks and a large chandelier overhead.](https://frostbrowntodd.com/app/uploads/2020/04/KY-State-Senate-Chambers-270x500.jpg)
March 20, 2024 | Blogs
The 2024 Regular Session of the Kentucky General Assembly is coming to a close next month, and not s...
![Chess pieces standing on the stacked coins.](https://frostbrowntodd.com/app/uploads/2024/03/chess-pieces-standing-on-the-stacked-coins-stockpack-gettyimages-270x500.jpg)
March 19, 2024 | Blogs
Section 1202 provides for a substantial exclusion of taxable gain from federal income taxes when sto...
![Franchise restaurant sign: "Open. Please Come In"](https://frostbrowntodd.com/app/uploads/2019/07/Franchise-Hospitality-Welcome-Open-270x500.jpg)
February 8, 2024 | Blogs
Tennessee Governor Bill Lee delivered the State of the State address on February 5, 2024, in which h...
![Detail Copper Whiskey vats at a distillery](https://frostbrowntodd.com/app/uploads/2024/02/detail-copper-whiskey-vats-at-a-distillery-stockpack-gettyimages-270x500.jpg)
February 8, 2024 | Publications
As an update to our past regional round-ups in the alcohol space, Kentucky and West Virginia continu...
![A blue-toned map highlights the state of Tennessee with topographical details.](https://frostbrowntodd.com/app/uploads/2020/04/Tennessee-Topographic-Map-270x500.jpg)
February 6, 2024 | Publications
The Tennessee business tax is a privilege tax on the privilege of doing business by making sales of ...
![A pile of scattered US hundred-dollar bills.](https://frostbrowntodd.com/app/uploads/2019/06/Financial-Pile-Hundreds-Bills-1-270x466.jpg)
January 17, 2024 | Blogs
The combination of the 21% corporate federal income tax rate and the possibility of qualifying for S...
![Storage of digital assets and data in the cloud. Network Server, Server Rack. Data Migration, Data Estate Modernization. Data Lake](https://frostbrowntodd.com/app/uploads/2024/01/storage-of-digital-assets-and-data-in-the-cloud-network-server-server-rack-data-migration-data-estate-modernization-data-lake-stockpack-gettyimages-270x500.jpg)
January 8, 2024 | Blogs
Recent Kentucky tax legislation continued to expand the landscape of services subject to sales and u...
![Whiskey barrels in cellar](https://frostbrowntodd.com/app/uploads/2022/03/wide-shot-of-whiskey-barrel-in-cellar-aging-process-of-whiskey-in-barrel-stockpack-gettyimages-270x500.jpg)
December 20, 2023 | Blogs
As a major update to our recent article, trade representatives for the European Union (EU) announced...
![Tax law concept. Wooden blocks word TAX on coin stack .with gavel and money on the table.](https://frostbrowntodd.com/app/uploads/2023/12/tax-law-concept-wooden-blocks-word-tax-on-coin-stack-with-gavel-and-money-on-the-table-stockpack-gettyimages-270x500.jpg)
December 8, 2023 | Blogs
As a prerequisite to the tax appeal process in Michigan, a taxpayer must pay the uncontested portion...
![Finance and banking concept. Euro coins and us dollar banknote close-up. Abstract image of Financial system with selective focus, toned, double exposure.](https://frostbrowntodd.com/app/uploads/2021/09/finance-and-banking-concept-euro-coins-and-us-dollar-banknote-close-up-abstract-image-of-financial-system-with-selective-focus-toned-double-exposure-stockpack-gettyimages-270x500.jpg)
November 17, 2023 | Blogs
The Tax Cuts and Jobs Act of 2017 (TCJA) introduced significant changes to the deduction of business...
![Industry metal fire radio](https://frostbrowntodd.com/app/uploads/2023/11/industry-metal-fire-radio-stockpack-pexels-270x500.jpg)
November 14, 2023 | Blogs
This article was originally published in Law360 Tax Authority. On Dec. 15, 2022, the Kentucky Supre...
![Machine digging coal in industrial area](https://frostbrowntodd.com/app/uploads/2023/11/machine-digging-coal-in-industrial-area-stockpack-pexels-270x500.jpg)
November 6, 2023 | Blogs
While some were speculating that a recent Kentucky severance tax case may lead to a new Dormant Comm...
![Golden chess pieces on a digital display with abstract financial charts and graphs](https://frostbrowntodd.com/app/uploads/2023/05/golden-chess-pieces-on-a-digital-display-with-abstract-financial-charts-and-graphs-stockpack-gettyimages-270x500.jpg)
October 26, 2023 | Tax Law Defined™ Blog
Section 1202 provides for a substantial exclusion of gain from federal income taxes when stockholder...
![File Stack and Magnifying Glass](https://frostbrowntodd.com/app/uploads/2022/10/file-stack-and-magnifying-glass-stockpack-gettyimages-270x500.jpg)
October 24, 2023 | Blogs
On October 19, the Internal Revenue Service (IRS) announced the process for concerned employers to w...
![Economics of alternative energy. Money in front of solar panels and wind turbunes. 3D rendered illustration.](https://frostbrowntodd.com/app/uploads/2023/03/economics-of-alternative-energy-money-in-front-of-solar-panels-and-wind-turbunes-3d-rendered-illustration-stockpack-gettyimages-270x500.jpg)
October 12, 2023 | Blogs
Applications for the low-income communities bonus credit program (the “Bonus Program”) under Int...
![Macro view of book pages. Open book, white sheets on dark black background. Education background, copy space](https://frostbrowntodd.com/app/uploads/2022/08/macro-view-of-book-pages-open-book-white-sheets-on-dark-black-background-education-background-copy-space-stockpack-gettyimages-270x500.jpg)
October 12, 2023 | Blogs
The combination of the 21% corporate income tax rate and the possibility of qualifying for Section 1...
![Aerial photo of cars on road during night](https://frostbrowntodd.com/app/uploads/2023/09/aerial-photo-of-cars-on-road-during-night-stockpack-pexels-270x500.jpg)
September 20, 2023 | Blogs
This article was originally published in Law360 Expert Analysis. The commerce clause of the U.S. Con...
![Papers about tax amnesty and gavel in a court.](https://frostbrowntodd.com/app/uploads/2022/01/papers-about-tax-amnesty-and-gavel-in-a-court-stockpack-gettyimages-270x500.jpg)
September 18, 2023 | Blogs
This article was originally published in Bloomberg Law Daily Tax Report. Many taxpayers, tax pract...
![The front facade of a building displays a sign reading "Internal Revenue Service."](https://frostbrowntodd.com/app/uploads/2020/05/IRS-Internal-Revenue-Service-270x500.jpg)
September 15, 2023 | Blogs
On September 14, the IRS announced that it would stop processing new claims for the Employee Reten...
![A hand holds a pink piggy bank in front of a blackboard with a Bitcoin symbol and circuit lines drawn on it.](https://frostbrowntodd.com/app/uploads/2019/08/BitCoin_PiggyBank-270x500.jpg)
August 29, 2023 | Blogs
This article explores recent developments in the U.S. federal taxation of virtual currencies by the ...
![display stock market charts](https://frostbrowntodd.com/app/uploads/2023/08/display-stock-market-charts-stockpack-gettyimages-270x500.jpg)
August 17, 2023 | Publications
The SECURE 2.0 Act of 2022 (SECURE 2.0), which was passed as 2022 wound down, expands on the Setting...
![A judge's gavel is positioned in front of an Ohio state flag.](https://frostbrowntodd.com/app/uploads/2020/04/Ohio-State-Flag-Gavel-270x500.jpg)
August 15, 2023 | Blogs
Signed by Governor Mike DeWine on July 3, 2023, Ohio’s Fiscal Year (FY) 2024-2025 biennial ope...
![Multiple rows of filing cabinets in an office or medical establishment, overflowing with files. Narrow depth of field to emphasize the "neverending" feeling](https://frostbrowntodd.com/app/uploads/2023/08/multiple-rows-of-filing-cabinets-in-an-office-or-medical-establishment-overflowing-with-files-narrow-depth-of-field-to-emphasize-the-neverending-feeling-stockpack-gettyimages-270x500.jpg)
August 15, 2023 | Publications
Certain 401(k) and 403(b) plans must be amended to allow part-time employees to participate under ne...
![Close up hands woman holding smartphone scan QR code for make online utility bill payment,contactless Internet banking technology and money transfer](https://frostbrowntodd.com/app/uploads/2023/08/close-up-hands-woman-holding-smartphone-scan-qr-code-for-make-online-utility-bill-paymentcontactless-internet-banking-technology-and-money-transfer-stockpack-gettyimages-270x500.jpg)
August 3, 2023 | Blogs
Governor Andy Beshear signed House Bill 499 into law in April 2022, thereby creating a new program c...
![Chart graphing financial progress and counting money.](https://frostbrowntodd.com/app/uploads/2023/07/chart-graphing-financial-progress-and-counting-money-stockpack-gettyimages-270x500.jpg)
July 28, 2023 | Blogs
*Kenny Schwalbert, a J.D. candidate at the University of Louisville Brandeis School of Law, contribu...
![Coins stack with balance scale. Money management, financial plan, time value of money, business idea and Creative ideas for saving money concept.](https://frostbrowntodd.com/app/uploads/2022/07/coins-stack-with-balance-scale-money-management-financial-plan-time-value-of-money-business-idea-and-creative-ideas-for-saving-money-concept-stockpack-gettyimages-270x500.jpg)
July 27, 2023 | Blogs
Partners in a partnership and members of a limited liability company that is taxed as a partnership ...
![concept image of business strategy.](https://frostbrowntodd.com/app/uploads/2022/09/concept-image-of-business-strategy-stockpack-gettyimages-270x500.jpg)
July 14, 2023 | Blogs
One year ago, the Florida Legislature amended Florida Statute Section 736.0505, which made the tax-s...
![Wood house model on computer laptop](https://frostbrowntodd.com/app/uploads/2022/03/business-finance-savings-property-ladder-or-mortgage-loan-concept-wood-house-model-on-computer-laptop-stockpack-gettyimages-270x500.jpg)
July 7, 2023 | Blogs
This article was originally published by Law360 Expert Authority. The Ohio Senate issued its versi...
![The man find and turn on the lightbulb in the maze-shaped brain on the wall, symbolizing big ideas, innovation concepts. (3d render)](https://frostbrowntodd.com/app/uploads/2023/06/the-man-find-and-turn-on-the-lightbulb-in-the-maze-shaped-brain-on-the-wall-symbolizing-big-ideas-innovation-concepts-3d-render-stockpack-gettyimages-270x500.jpg)
July 3, 2023 | Blogs
Section 1202 provides for a substantial exclusion of gain from federal income taxes when stockholder...
![Renewable Energy - Solar Subsidy & Incentives](https://frostbrowntodd.com/app/uploads/2023/06/renewable-energy-solar-subsidy-incentives-stockpack-gettyimages-270x500.jpg)
June 29, 2023 | Blogs
*James Hardman contributed to this article while working as a summer associate at FBT. James is not ...
![Money inside blue envelope](https://frostbrowntodd.com/app/uploads/2023/06/money-inside-blue-envelope-stockpack-pexels-270x500.jpg)
June 8, 2023 | Blogs
As the United States has steadily increased enforcement against U.S. citizens and residents with for...
![oil steel pipe in group](https://frostbrowntodd.com/app/uploads/2023/01/oil-steel-pipe-in-group-stockpack-gettyimages-270x500.jpg)
June 2, 2023 | Blogs
In a recent email notification to taxpayers filing Kentucky Public Service Company (“PSC”) tax r...
![A wooden gavel is poised above a sounding block against a backdrop featuring a seal emblem.](https://frostbrowntodd.com/app/uploads/2020/04/Kentucky-State-Flag-Gavel-270x500.jpg)
May 30, 2023 | Blogs
Religious institutions received a victory this month regarding property tax exemptions under Section...
![cargo ship mooring in lock](https://frostbrowntodd.com/app/uploads/2023/05/cargo-ship-mooring-in-lock-stockpack-gettyimages-270x500.jpg)
May 23, 2023 | Blogs
This article was originally published by The Waterways Journal in April 2023. As this time of ye...
![White and orange gasoline nozzle](https://frostbrowntodd.com/app/uploads/2022/03/white-and-orange-gasoline-nozzle-stockpack-pexels-270x500.jpg)
May 17, 2023 | Blogs
The Inflation Reduction Act (Pub. L. No. 117-169 (the “IRA” or the “Act”)) has brought signi...
![Business papers on the table](https://frostbrowntodd.com/app/uploads/2023/05/business-papers-on-the-table-stockpack-pexels-270x500.jpg)
May 10, 2023 | Blogs
This article was originally published in Law360 Expert Analysis. Kentucky H.B. 360 went through qu...
![Stacks of coins are overlaid with the image of a clock.](https://frostbrowntodd.com/app/uploads/2020/04/Money-Time-Concept-270x500.jpg)
May 1, 2023 | Blogs
The recent comprehensive retirement plan legislation, often called SECURE 2.0, made an important cha...
![Magnifying glass and documents with analytics data lying on table,selective focusMagnifying glass and documents with analytics data lying on table,selective focus](https://frostbrowntodd.com/app/uploads/2022/12/magnifying-glass-and-documents-with-analytics-data-lying-on-tableselective-focusmagnifying-glass-and-documents-with-analytics-data-lying-on-tableselective-focus-stockpack-gettyimages-270x500.jpg)
April 20, 2023 | Publications
Our overview of Division T of the Consolidated Appropriations Act, titled “The SECURE 2.0 Act of 2...
![Tax documents on the table](https://frostbrowntodd.com/app/uploads/2023/04/tax-documents-on-the-table-stockpack-pexels-270x500.jpg)
April 6, 2023 | Blogs
This article was originally published in Law360 Expert Analysis. H.B. 33 establishes the state of Oh...
![The business of betting on sports](https://frostbrowntodd.com/app/uploads/2023/04/the-business-of-betting-on-sports-stockpack-gettyimages-270x500.jpg)
April 5, 2023 | Publications
The Kentucky Legislature recently enacted, after many years on the table, limited sports betting. 20...
![Construction tower cranes on a building site](https://frostbrowntodd.com/app/uploads/2023/03/construction-tower-cranes-on-a-building-site-stockpack-gettyimages-270x500.jpg)
March 24, 2023 | Blogs
Kentucky Governor Andy Beshear recently signed a bill that will provide more certainty for annual pr...
![Little Pink Piggy Bank Pulling His Savings on a Skateboard](https://frostbrowntodd.com/app/uploads/2023/03/little-pink-piggy-bank-pulling-his-savings-on-a-skateboard-stockpack-gettyimages-270x500.jpg)
March 22, 2023 | Blogs
Many individuals have accumulated significant funds in their individual retirement accounts (IRAs), ...
![Sand running through the shape of hourglass on table with banknotes and coins of international currency. Time investment and retirement saving. Urgency countdown timer for business deadline concept](https://frostbrowntodd.com/app/uploads/2022/12/sand-running-through-the-shape-of-hourglass-on-table-with-banknotes-and-coins-of-international-currency-time-investment-and-retirement-saving-urgency-countdown-timer-for-business-deadline-concept-stockpack-gettyimages-270x500.jpg)
March 21, 2023 | Publications
On February 27, the Internal Revenue Service (IRS) issued proposed regulations on when and how forfe...
![Close up shot barrel](https://frostbrowntodd.com/app/uploads/2023/03/close-up-shot-barrel-stockpack-pexels-270x500.jpg)
March 16, 2023 | Blogs
*This article was originally published in Bloomberg Tax. There were reportedly more than 11.5 mill...
![A calculator and a pen lie atop financial documents with numerical data.](https://frostbrowntodd.com/app/uploads/2019/07/Calculator_Numbers-270x466.jpg)
March 16, 2023 | Blogs
On March 7, 2023, the Internal Revenue Service (IRS) released Notice 2023-23, which provides guidanc...
![A close-up of the West Virginia state flag featuring its seal with a red ribbon and its motto, amidst folds of wavy fabric.](https://frostbrowntodd.com/app/uploads/2019/06/Government-West-Virginia-State-Flag-270x500.jpg)
March 13, 2023 | Blogs
The most discussed issue during West Virginia 2023 Legislative Session was Governor Jim Justice’s ...
![Clean, renewable energy or electricity production tax credits and incentives, financial concept : Green energy symbols atop coin stack e.g solar panel, wind turbine, fuel cell battery and the word TAX](https://frostbrowntodd.com/app/uploads/2023/03/clean-renewable-energy-or-electricity-production-tax-credits-and-incentives-financial-concept-green-energy-symbols-atop-coin-stack-eg-solar-panel-wind-turbine-fuel-cell-battery-and-the-word-tax-stockpack-gettyimages-270x500.jpg)
March 13, 2023 | Publications
The Inflation Reduction Act of 2022 (the “IRA” or “Act”) presents an opportunity to signific...
![Growth in Income tax collection, tax payer increasing concept : Tax bags, rising bar graph on a basic balance scale, depicting fiscal tax revenue gain and meet target after economic policy and stimulus plan](https://frostbrowntodd.com/app/uploads/2022/02/growth-in-income-tax-collection-tax-payer-increasing-concept-tax-bags-rising-bar-graph-on-a-basic-balance-scale-depicting-fiscal-tax-revenue-gain-and-meet-target-after-economic-policy-and-stimulus-pla-stockpack-gettyimages-270x500.jpg)
March 10, 2023 | Blogs
This article was originally published in Law360’s Tax Authority Expert Analysis. In 2022, Ke...
![Several chess pieces are arranged on a reflective surface, with a prominent king piece in focus and a bright, abstract background.](https://frostbrowntodd.com/app/uploads/2020/05/Chess-Stocks-FInance-270x500.jpg)
March 10, 2023 | Blogs
Section 1202 provides for a substantial exclusion of gain from federal income taxes when stockholder...
![Architecture clouds dawn downtown](https://frostbrowntodd.com/app/uploads/2023/10/architecture-clouds-dawn-downtown-stockpack-pexels-270x500.jpg)
March 8, 2023 | Blogs
On February 13, 2023, the U.S. Treasury Department, together with the U.S. Department of Energy (DOE...
![Charts and calculatorCalculator and charts](https://frostbrowntodd.com/app/uploads/2023/03/charts-and-calculatorcalculator-and-charts-stockpack-gettyimages-270x500.jpg)
March 8, 2023 | Blogs
Many CPAs and lawyers do not know the difference between conduct that is tax avoidance versus conduc...
![Inside the indiana state house in indianapolis modern architectural design photography 4k aesthetic wallpaper background](https://frostbrowntodd.com/app/uploads/2023/03/inside-the-indiana-state-house-in-indianapolis-modern-architectural-design-photography-4k-aesthetic-wallpaper-background-stockpack-pexels-270x500.jpg)
March 7, 2023 | Blogs
The Indiana General Assembly unanimously passed its first enacted law of the 2023 legislative sessio...
![Black calculator beside coins and notebook](https://frostbrowntodd.com/app/uploads/2022/10/black-calculator-beside-coins-and-notebook-stockpack-pexels-270x500.jpg)
March 1, 2023 | Blogs
This article was republished in the Employee Relations Law Journal. Many union employers agree to co...
![American dollar bills and vintage light box with inscription](https://frostbrowntodd.com/app/uploads/2023/02/american-dollar-bills-and-vintage-light-box-with-inscription-stockpack-pexels-270x500.jpg)
February 28, 2023 | Blogs
This article was originally published in Law360’s Expert Analysis. On Jan. 6, Ohio Gov. Mike D...
![Tequila aging in barrels](https://frostbrowntodd.com/app/uploads/2023/02/tequila-aging-in-barrels-stockpack-pexels-270x500.jpg)
February 24, 2023 | Blogs
As discussed at length in our prior article, Kentucky has been toying with the idea of eliminating o...
![Coins and a piggy bank](https://frostbrowntodd.com/app/uploads/2023/02/coins-and-a-piggy-bank-stockpack-pexels-270x500.jpg)
February 24, 2023 | Blogs
This article was republished in the Employee Relations Law Journal. If tax regulations proposed by t...
![Pen on the business paper. Report chart](https://frostbrowntodd.com/app/uploads/2022/11/pen-on-the-business-paper-report-chart-stockpack-gettyimages-270x500.jpg)
February 7, 2023 | Publications
While some of us were busy with holiday celebrations and planning for the new year, Congress passed ...
![oil steel pipe in group](https://frostbrowntodd.com/app/uploads/2023/01/oil-steel-pipe-in-group-stockpack-gettyimages-270x500.jpg)
January 30, 2023 | Blogs
It’s property tax time again, and in the Commonwealth, the Kentucky Department of Revenue (the “...
![Kentucky Statehouse](https://frostbrowntodd.com/app/uploads/2010/10/Government-Frankfort-KY-270x500.jpg)
January 23, 2023 | Blogs
Kentucky saw significant movement towards tax reform during the 2022 regular legislative session. Wh...
![Blue plastic pail](https://frostbrowntodd.com/app/uploads/2023/01/blue-plastic-pail-stockpack-pexels-270x500.jpg)
January 4, 2023 | Blogs
In the first article of our Distillery Start-Up and Compliance series, we focused on giving distille...
![Cutout paper composition of businessman showing graph of revenue](https://frostbrowntodd.com/app/uploads/2022/12/cutout-paper-composition-of-businessman-showing-graph-of-revenue-stockpack-pexels-270x500.jpg)
December 29, 2022 | Blogs
The Kentucky General Assembly took its first big steps in eliminating the Kentucky individual income...
![Woman wears yellow hard hat holding vehicle part](https://frostbrowntodd.com/app/uploads/2022/12/woman-wears-yellow-hard-hat-holding-vehicle-part-stockpack-pexels-270x500.jpg)
December 16, 2022 | Blogs
On December 15, 2022, the Kentucky Supreme Court handed a major win to Kentucky manufacturing taxpay...
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December 16, 2022 | Blogs
This article originally ran in Law360’s Tax Authority. As the year winds down, many taxpayer...
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December 16, 2022 | Blogs
One effect of the COVID-19 lockdown was a shift in consumer appetites. The more time consumers spent...
![Tax documents on the table](https://frostbrowntodd.com/app/uploads/2022/12/tax-documents-on-the-table-stockpack-pexels-270x500.jpg)
December 6, 2022 | Blogs
This article was originally published in Law360 Tax Authority. On Sept. 26, Ohio’s Cuyahoga Co...
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November 18, 2022 | Publications
On October 21, 2022, the Internal Revenue Service issued the cost-of-living adjustments for contribu...
![A desk calendar with pages turning, displaying dates.](https://frostbrowntodd.com/app/uploads/2020/04/Calendar-Passage-of-Time-270x500.jpg)
November 14, 2022 | Blogs
Individuals in the employee benefits space are used to dealing with year-end benefit plan amendments...
![Stacks of coins are overlaid with the image of a clock.](https://frostbrowntodd.com/app/uploads/2020/04/Money-Time-Concept-270x500.jpg)
October 14, 2022 | Blogs
A Brief Recent History of Federal Estate Taxes Prior to the effective date of the Tax Cuts and Jobs ...
![A blurry perspective of a hospital corridor with clinical blue tones and a figure in the distance.](https://frostbrowntodd.com/app/uploads/2019/07/Hospital_Hallway.jpg)
October 7, 2022 | Blogs
On June 24, 2022, the U.S. Supreme Court decided in Dobbs v. Jackson Women’s Health Organization t...
![Piggy bank divided into seven parts with a dashed line.](https://frostbrowntodd.com/app/uploads/2022/10/piggy-bank-divided-into-seven-parts-with-a-dashed-line-stockpack-gettyimages-270x500.jpg)
October 6, 2022 | Blogs
There are numerous tax and business issues associated with equity compensation planning for employee...
![Person playing chess](https://frostbrowntodd.com/app/uploads/2022/09/person-playing-chess-stockpack-pexels-270x500.jpg)
September 30, 2022 | Blogs
On August 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022 (the “Act...
![A blue-tinted map highlighting the state of Kentucky.](https://frostbrowntodd.com/app/uploads/2020/04/Kentucky-Topographic-Map-270x500.jpg)
September 28, 2022 | Blogs
We continue with our review of executive power and tax changes in part three of this series (check o...
![A flag with "Commonwealth of Kentucky" and "United We Stand, Divided We Fall" surrounding a seal depicting two men shaking hands.](https://frostbrowntodd.com/app/uploads/2020/04/Kentucky-State-Flag-Backlit-270x500.jpg)
September 16, 2022 | Blogs
With the separation of power principle in mind, which we explained in part one of this series, let...
![Brown wooden barrel lot](https://frostbrowntodd.com/app/uploads/2022/09/brown-wooden-barrel-lot-stockpack-pexels-270x500.jpg)
September 13, 2022 | Blogs
This article was originally published in Law360’s Tax Authority. There is no greater beast f...
![One golden seat in an empty auditorium surrounded by rows of black seats - QSBS Section 1202 Small Business Tax Exclusion](https://frostbrowntodd.com/app/uploads/2022/09/one-golden-seat-in-an-empty-auditorium-surrounded-by-rows-of-black-seats-stockpack-gettyimages-270x500.jpg)
September 12, 2022 | Blogs
Section 1202 allows stockholders to claim a minimum $10 million federal income tax gain exclusion in...
![A map of Kentucky is displayed with a red pushpin marking a specific location.](https://frostbrowntodd.com/app/uploads/2020/04/Kentucky-Towns-Map-Pin-270x500.jpg)
September 9, 2022 | Blogs
The three branches of government—executive, legislative, and judicial—at both the state and fede...
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September 8, 2022 | Blogs
A domestic asset protection trust (a “DAPT”) is a type of irrevocable trust, allowable under sta...
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August 25, 2022 | Blogs
*This article was original published by Law360 Tax Authority. Over two years after the onset of the ...
![An open calendar with its pages fanned out and dates visible.](https://frostbrowntodd.com/app/uploads/2020/04/Calendar-Blur-270x500.jpg)
August 19, 2022 | Blogs
The Internal Revenue Service (IRS) recently published Notice 2022-33, extending the deadlines for am...
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July 19, 2022 | Blogs
This article was published in Law360 Tax Authority. In a legislative session in which the Kentucky G...
![A calculator with a prominent red "TAX" button is lying next to a pen on top of financial documents.](https://frostbrowntodd.com/app/uploads/2019/06/Financial-Calculator-Pen-270x500.jpg)
June 3, 2022 | Blogs
On June 1, 2022, the Ohio Senate unanimously passed House Bill (HB) 515, which specifies two situati...
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May 27, 2022 | Blogs
This article was originally published in Law360 Tax Authority. On April 21, Ohio Gov. Mike DeWine s...
![A legislative assembly hall with empty desks and a large chandelier overhead.](https://frostbrowntodd.com/app/uploads/2020/04/KY-State-Senate-Chambers-270x500.jpg)
May 18, 2022 | Blogs
This article was originally published in Law360 Tax Authority. Prior to the 2022 Kentucky legislati...
![A group of individuals are standing close together, clasping each other's hands in a show of unity or agreement.](https://frostbrowntodd.com/app/uploads/2019/07/Data-Crunching-Numbers-270x500.jpg)
May 17, 2022 | Blogs
During the past several years, there has been a marked increase across the country in the use of C c...
![business man Hand change wood cube block with percentage to UP and Down arrow symbol icon. Interest rate, stocks, financial, ranking, mortgage rates and Cut loss concept](https://frostbrowntodd.com/app/uploads/2022/04/business-man-hand-change-wood-cube-block-with-percentage-to-up-and-down-arrow-symbol-icon-interest-rate-stocks-financial-ranking-mortgage-rates-and-cut-loss-concept-stockpack-gettyimages-270x500.jpg)
May 13, 2022 | Blogs
When Section 1202 was enacted in 1993, a 50% gain exclusion applicable to the sale of qualified smal...
![State Capitol Building Charleston, West Virginia, USA](https://frostbrowntodd.com/app/uploads/2018/04/Charleston-Capitol-Building.jpg)
April 25, 2022 | Blogs
This article was originally published in Tax Notes. The West Virginia Legislature’s 2022 regular s...
![Beginning of construction project in industrial zone](https://frostbrowntodd.com/app/uploads/2022/04/beginning-of-construction-project-in-industrial-zone-stockpack-pexels-270x500.jpg)
April 20, 2022 | Blogs
The federal Opportunity Zone tax incentive program has facilitated substantial new investment in des...
![Helping hand](https://frostbrowntodd.com/app/uploads/2022/04/thai-male-hand-using-watering-pot-fully-loaded-with-dollar-coins-filling-another-pot-a-concept-of-working-behind-the-scene-for-somebody-else-stockpack-gettyimages-270x500.jpg)
April 19, 2022 | Blogs
Section 1045 allows stockholders to reinvest on a pre-tax basis, proceeds from the sale of qualified...
![Helping hand](https://frostbrowntodd.com/app/uploads/2022/04/thai-male-hand-using-watering-pot-fully-loaded-with-dollar-coins-filling-another-pot-a-concept-of-working-behind-the-scene-for-somebody-else-stockpack-gettyimages-270x500.jpg)
April 19, 2022 | Blogs
Section 1045 allows stockholders to reinvest on a pre-tax basis, proceeds from the sale of qualified...
![An open calendar with its pages fanned out and dates visible.](https://frostbrowntodd.com/app/uploads/2020/04/Calendar-Blur-270x500.jpg)
April 19, 2022 | Blogs
A stockholder must hold qualified small business stock (QSBS) for more than five years in order to c...
![A pushpin is placed on a map marking Columbus, Ohio, with surrounding states and cities labeled.](https://frostbrowntodd.com/app/uploads/2020/04/Ohio-Map-Pin-270x500.jpg)
April 1, 2022 | Blogs
This article was originally published in Law360 Tax Authority. After making its way through the Ohi...
![A tired woman massaging her head](https://frostbrowntodd.com/app/uploads/2022/03/a-tired-woman-massaging-her-head-stockpack-pexels-270x500.jpg)
March 31, 2022 | Blogs
The Taxpayer Advocate Service recently released the National Taxpayer Advocate’s 2021 Annual Repor...
![Whiskey barrels in cellar](https://frostbrowntodd.com/app/uploads/2022/03/wide-shot-of-whiskey-barrel-in-cellar-aging-process-of-whiskey-in-barrel-stockpack-gettyimages-270x500.jpg)
March 30, 2022 | Blogs
Last week, the Kentucky General Assembly passed 2022 House Bill (HB) 500, which will boost Kentucky...
![Wood house model on computer laptop](https://frostbrowntodd.com/app/uploads/2022/03/business-finance-savings-property-ladder-or-mortgage-loan-concept-wood-house-model-on-computer-laptop-stockpack-gettyimages-270x500.jpg)
March 29, 2022 | Blogs
Indiana recently enacted a state Affordable and Workforce Housing Tax Credit (the “Affordable Hous...
![Map: "Louisville"](https://frostbrowntodd.com/app/uploads/2018/04/Louisville-Pin-Map.jpg)
March 9, 2022 | Blogs
This article was originally published in Law360 Tax Authority. When the Louisville Metro Revenue Com...
![A busy factory floor with machinery and conveyor belts, suggesting a highly industrialized setting with automation.](https://frostbrowntodd.com/app/uploads/2019/06/Resize-Manufacturing.jpg)
March 8, 2022 | Blogs
While the Kentucky General Assembly debates passing significant tax reform legislation during the 20...
![Aerial photography of blue solar panels](https://frostbrowntodd.com/app/uploads/2022/03/aerial-photography-of-blue-solar-panels-stockpack-pexels-270x500.jpg)
March 3, 2022 | Publications
Kentucky is in the midst of a potential solar boom with over 30 projects filed with the Electric Gen...
![A pen and a calculator are placed on top of several tax forms.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Tax-Changes-270x500.jpg)
February 25, 2022 | Blogs
Following the Tax Foundation and Kentucky Chamber of Commerce’s report published this winter detai...
![Growth in Income tax collection, tax payer increasing concept : Tax bags, rising bar graph on a basic balance scale, depicting fiscal tax revenue gain and meet target after economic policy and stimulus plan](https://frostbrowntodd.com/app/uploads/2022/02/growth-in-income-tax-collection-tax-payer-increasing-concept-tax-bags-rising-bar-graph-on-a-basic-balance-scale-depicting-fiscal-tax-revenue-gain-and-meet-target-after-economic-policy-and-stimulus-pla-stockpack-gettyimages-270x500.jpg)
February 16, 2022 | Blogs
We have discussed in previous articles the potential benefits of operating a start-up as a C corpora...
![A calculator with a prominent red "TAX" button is lying next to a pen on top of financial documents.](https://frostbrowntodd.com/app/uploads/2019/06/Financial-Calculator-Pen-270x500.jpg)
February 11, 2022 | Blogs
While Kentucky local tax reform has been on the legislative agenda for decades in the Commonwealth, ...
![US dollars in a white envelope on a wooden table. The concept of income, bonuses or bribes. Corruption, salary, bonus.](https://frostbrowntodd.com/app/uploads/2022/01/us-dollars-in-a-white-envelope-on-a-wooden-table-the-concept-of-income-bonuses-or-bribes-corruption-salary-bonus-stockpack-gettyimages-270x500.jpg)
January 26, 2022 | Blogs
Section 1202 allows taxpayers to exclude gain on the sale of QSBS if all eligibility requirements ar...
![A person is signing a document next to another individual gesturing with their hand, with paperwork and electronic devices on the table in a brightly lit office setting.](https://frostbrowntodd.com/app/uploads/2019/06/deal-table-contract-agreement-1-270x500.jpg)
January 24, 2022 | Blogs
The Kentucky Department of Revenue (the “Department”) administers the central assessment of all ...
![An open notebook with graphs is lying next to a calculator and a pen on a desk, indicative of an office or study environment.](https://frostbrowntodd.com/app/uploads/2019/07/Finance-Report-270x500.jpg)
January 20, 2022 | Publications
On December 21, 2021, the Department of Labor (DOL) issued a Supplemental Statement clarifying earli...
![A red "TAX" is surrounded by multiple white cards with black question marks on them.](https://frostbrowntodd.com/app/uploads/2020/05/Tax-270x500.jpg)
January 7, 2022 | Blogs
The Ohio General Assembly passed House Bill 228, which will change the way municipal net profits tax...
![Papers about tax amnesty and gavel in a court.](https://frostbrowntodd.com/app/uploads/2022/01/papers-about-tax-amnesty-and-gavel-in-a-court-stockpack-gettyimages-270x500.jpg)
January 6, 2022 | Blogs
House Bill 176, introduced by Rep. Ken Fleming (R) on the first day of the 2022 Kentucky Legislative...
![A jigsaw puzzle featuring a partially completed image of a hundred-dollar bill.](https://frostbrowntodd.com/app/uploads/2020/04/Money-Puzzle-270x500.jpg)
December 18, 2021 | Publications
Tax increment finance (TIF) legislation continues to evolve in many states within the Frost Brown To...
![Wooden barrels are lined up along the walls of a brick-walled cellar, likely used for aging wine or spirits.](https://frostbrowntodd.com/app/uploads/2019/07/Franchise-Beverage-Alcohol-Bourbon-Barrels-Aisle-1.jpg)
December 14, 2021 | Blogs
Being from Kentucky, there are few things we know (or do) better than bourbon. Virtually from birth,...
![Close-up Of A Businessperson's Hand Balancing Stacked Coins On Wooden Seesaw With Finger Over Desk](https://frostbrowntodd.com/app/uploads/2021/09/close-up-of-a-businesspersons-hand-balancing-stacked-coins-on-wooden-seesaw-with-finger-over-desk-stockpack-gettyimages-1-270x500.jpg)
December 1, 2021 | Blogs
This article was originally published in Law360 Tax Authority. Ohio H.B. 126, which proposes to mod...
![3D illustration of a conceptual maze. Shortcut between points A and B or finding the shortest path concept.](https://frostbrowntodd.com/app/uploads/2021/11/3d-illustration-of-a-conceptual-maze-shortcut-between-points-a-and-b-or-finding-the-shortest-path-concept-stockpack-gettyimages-1-270x500.jpg)
November 3, 2021 | Blogs
On September 13, 2021, legislation emerged from the House Ways and Means Committee that included an ...
![A graph featuring multiple line and bar charts with data points plotted on a blue background.](https://frostbrowntodd.com/app/uploads/2020/04/Graph-Upward-Trend-City-270x500.jpg)
October 27, 2021 | Publications
On October 13, 2021, the Department of Labor (DOL) released its proposed “Prudence and Loyalty in ...
![Green and white round plastic](https://frostbrowntodd.com/app/uploads/2021/10/green-and-white-round-plastic-stockpack-pexels-270x500.jpg)
October 26, 2021 | Blogs
In our previous articles, we have considered various reporting and tax implications associated with ...
![A magnifying glass lies over financial documents next to a calculator, highlighting the concept of financial analysis or audit.](https://frostbrowntodd.com/app/uploads/2019/06/Finance-Market-Conduct-charts-magnifying-glass-270x500.jpg)
October 21, 2021 | Blogs
In June, Senators Charles Grassley and Angus King introduced the Accelerating Charitable Efforts Act...
![Calculator and pen on table](https://frostbrowntodd.com/app/uploads/2021/10/calculator-and-pen-on-table-stockpack-pexels-270x500.jpg)
October 14, 2021 | Blogs
Tax distributions provided for in a shareholder agreement of an S Corporation or in an operating agr...
!["1040 Form, IRS Tax Audit"](https://frostbrowntodd.com/app/uploads/2019/07/Audit_Calculator-e1590010456924-270x355.jpg)
October 12, 2021 | Blogs
With a market cap of $2.4 trillion and revenue of $275 billion in 2020, Apple, Inc. (“Apple”) is...
![City road building industry](https://frostbrowntodd.com/app/uploads/2022/03/city-road-building-industry-stockpack-pexels-270x500.jpg)
October 7, 2021 | Blogs
This article was originally published in Law360 Tax Authority. With a market cap of $2.4 trillion a...
![SPAC, special purpose acquisition company symbol. Businessman holds cubes with words 'SPAC' on beautiful white background, copy space. Business and SPAC, special purpose acquisition company concept.](https://frostbrowntodd.com/app/uploads/2021/09/spac-special-purpose-acquisition-company-symbol-businessman-holds-cubes-with-words-spac-on-beautiful-white-background-copy-space-business-and-spac-special-purpose-acquisition-company-concept-stockpack-gettyimages-1-270x500.jpg)
September 30, 2021 | Blogs
The number of private companies electing to go public through a transaction (referred to in this art...
![Live and dead tree isolated on a white background. Global warming or climate change concepts.](https://frostbrowntodd.com/app/uploads/2021/09/live-and-dead-tree-isolated-on-a-white-background-global-warming-or-climate-change-concepts-e1631047353932-270x500.jpg)
September 29, 2021 | Blogs
This article addresses the consequences of “transfers at death” of qualified small business stoc...
![Digital representation of a stock market graph overlaid with virus particles.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Graphs-270x500.jpg)
September 27, 2021 | Blogs
On August 31, 2021, the Pandemic Response Accountability Committee (PRAC) released its report detail...
![Close-up Of A Businessperson's Hand Balancing Stacked Coins On Wooden Seesaw With Finger Over Desk](https://frostbrowntodd.com/app/uploads/2021/09/close-up-of-a-businesspersons-hand-balancing-stacked-coins-on-wooden-seesaw-with-finger-over-desk-stockpack-gettyimages-1-270x500.jpg)
September 16, 2021 | Blogs
When Congress enacted Section 1202, it noted that the gain exclusion was intended to “encourag...
![A modern data center with rows of server racks and blue LED lights.](https://frostbrowntodd.com/app/uploads/2019/07/Technology-Computer-Server-Room.jpg)
September 13, 2021 | Blogs
While the boom of cryptocurrency in the United States has led to several developments and changes to...
![A red sign with white text reading "Going out of BUSINESS" is displayed on a glass door.](https://frostbrowntodd.com/app/uploads/2020/04/Going-Out-of-Business-Sign-270x500.jpg)
September 3, 2021 | Blogs
Congress enacted Section 1202[i] based on the premise that the possibility of a $10 million gain exc...
![A compass is lying on top of financial documents with numerical data.](https://frostbrowntodd.com/app/uploads/2019/06/frost-brown-todd-financial-services-placeholder-270x500.jpg)
September 3, 2021 | Blogs
This article addresses the importance of having bona fide (non-federal income tax) business and pers...
![Golden Parachute Tax Savings](https://frostbrowntodd.com/app/uploads/2020/01/Savings-270x500.jpg)
September 2, 2021 | Publications
The Department of Labor (DOL) issued “temporary implementing FAQs” on July 26, 2021. The FAQs cl...
![Man wearing orange hard hat](https://frostbrowntodd.com/app/uploads/2022/03/man-wearing-orange-hard-hat-stockpack-pexels-270x500.jpg)
September 2, 2021 | Blogs
This article was originally published in Law360 Tax Authority. Kentucky’s sales and use tax e...
![Solar panels and wind turbines are positioned against a backdrop of a dramatic sunset sky, illustrating a clean energy concept.](https://frostbrowntodd.com/app/uploads/2019/07/Energy-Environmental-Powerlines-Windmills-Solar-270x500.jpg)
September 2, 2021 | Blogs
The U.S. solar energy industry has experienced huge growth in recent years. More companies are enter...
![Family Financial Management, Mortgage And Payday Loan Or Cash Advance Concept : Loan Bags, Family In A House On Balance Scale, Depicts Short Term Borrowing, High Interest Rate Based On Credit Profile](https://frostbrowntodd.com/app/uploads/2018/04/collateral-concept-balance-beam-with-loan-on-one-side-and-property-on-other-270x500.jpg)
August 4, 2021 | Blogs
Ohio Senate Bill (SB) 57 was signed into law on April 27, 2021 by Governor Mike DeWine. Among other ...
![A person is sitting at a desk, talking on the phone, and working on a laptop in an office space.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Work-From-Home-Woman-270x500.jpg)
July 30, 2021 | Blogs
As the world transitions out of COVID-19 lockdown, one of the most visible pandemic trends in the pr...
![Money for mortgage](https://frostbrowntodd.com/app/uploads/2023/06/money-for-mortgage-stockpack-pexels-270x500.jpg)
July 26, 2021 | Blogs
This article was originally published in Tax Notes. H.B. 2581, passed during the 2021 regular sessio...
![A row of illuminated storefronts under a dusk sky.](https://frostbrowntodd.com/app/uploads/2010/10/Real-Estate-Shopping-Center-Night-270x500.jpg)
July 20, 2021 | Blogs
In December 2020, Ohio Governor Mike DeWine signed Senate Bill 39, which created a new insurance pre...
![A financial market graph is overlaid on a close-up of Benjamin Franklin's face from the U.S. $100 bill.](https://frostbrowntodd.com/app/uploads/2020/04/Finance-Cash-Stocks-ColorBlocks-270x500.jpg)
July 13, 2021 | Blogs
The Paycheck Protection Program (PPP) was introduced with the CARES Act in 2020 in an effort to assi...
![A legislative assembly hall with empty desks and a large chandelier overhead.](https://frostbrowntodd.com/app/uploads/2020/04/KY-State-Senate-Chambers-270x500.jpg)
July 2, 2021 | Blogs
In what was a whirlwind of a shorter than normal 2021 regular session, the General Assembly had the ...
![Servers Technology](https://frostbrowntodd.com/app/uploads/2019/07/Technology-IT-Room-270x500.jpg)
June 24, 2021 | Blogs
As discussed at length in my prior article (KY Passes New Tax Breaks for Cryptomining), Kentucky rec...
![A person uses a smartphone with various finance-related icons floating around it, suggesting online banking.](https://frostbrowntodd.com/app/uploads/2020/04/Home-Banking-Shopping-270x500.jpg)
June 16, 2021 | Blogs
On June 1, 2021, the Tennessee Department of Revenue published Letter Ruling # 21-05,[1] providing n...
![Individuals are working on a laptop at a desk with a sunlit background, indicating a business or educational setting.](https://frostbrowntodd.com/app/uploads/2019/07/Health-Care-Doctor-Consult.jpg)
June 15, 2021 | Publications
On May 18, 2021, the Internal Revenue Service (IRS) released Notice 2021-31 (“Notice”), a set of...
![A solitary tree stands at the center of a grassy continent, juxtaposed with an encircling urban skyline against a backdrop of a clear sky with fluffy clouds.](https://frostbrowntodd.com/app/uploads/2019/07/Energy-Environmental-Green-Planet-Tree-Efficiency-e1562863145481-270x500.jpg)
June 12, 2021 | Blogs
While approximately 100 environmental rules and policies were rolled back or altered during the econ...
![A warehouse interior with tall shelving units stocked with numerous boxes and a central aisle.](https://frostbrowntodd.com/app/uploads/2019/07/Logistics-Supplier-Boxes-Warehouse.jpg)
June 6, 2021 | Blogs
The tobacco industry has always been complicated from a tax and regulatory standpoint, but recent an...
![A hand holds a pink piggy bank in front of a blackboard with a Bitcoin symbol and circuit lines drawn on it.](https://frostbrowntodd.com/app/uploads/2019/08/BitCoin_PiggyBank-270x500.jpg)
June 3, 2021 | Blogs
In our previous article, we discussed the increasing problem of cybersecurity breaches resulting in ...
![A legislative assembly hall with empty desks and a large chandelier overhead.](https://frostbrowntodd.com/app/uploads/2020/04/KY-State-Senate-Chambers-270x500.jpg)
June 1, 2021 | Blogs
In our December and February Kentucky Tax Talk articles, we covered what to watch for going into the...
![A judge's gavel is positioned in front of an Ohio state flag.](https://frostbrowntodd.com/app/uploads/2020/04/Ohio-State-Flag-Gavel-270x500.jpg)
June 1, 2021 | Blogs
This article was originally published in Law360 Tax Authority. One company’s garbage is another c...
![A hand is holding a fanned-out stack of US dollar bills.](https://frostbrowntodd.com/app/uploads/2020/04/Handing-Cash-Over-270x500.jpg)
May 21, 2021 | Blogs
During the past several years, there has been a marked increase across the country in the use of C c...
![Two individuals are reviewing papers and receipts, with a calculator and a laptop nearby.](https://frostbrowntodd.com/app/uploads/2020/04/Reviewing-Bills-Budgeting-270x500.jpg)
May 18, 2021 | Blogs
The shutdown of worksites and childcare facilities in 2020 presented many challenges for both employ...
![A warehouse scene with workers moving boxes and shelves filled with various items.](https://frostbrowntodd.com/app/uploads/2019/06/Warehouse-270x500.jpg)
May 14, 2021 | Blogs
On May 6, 2021, the U.S. Department of Labor (DOL) issued a final rule that withdraws a Trump-era ap...
![Privacy and Data Security Weekly Update](https://frostbrowntodd.com/app/uploads/2020/01/TechConnection-270x500.jpg)
May 12, 2021 | Blogs
On April 14, 2021, the U.S. Department of Labor (DOL) issued guidance on cybersecurity for employee ...
![A hand is placing coins into a glass jar labeled "PENSION" on a table.](https://frostbrowntodd.com/app/uploads/2019/07/Pension-270x500.jpg)
May 11, 2021 | Blogs
The American Rescue Plan Act of 2021 (ARPA) was enacted on March 11, 2021. Among its many provisions...
![Three health insurance cards and a stethoscope lie on top of a medical billing statement.](https://frostbrowntodd.com/app/uploads/2020/04/Health-Insurance-Cards-270x500.jpg)
May 3, 2021 | Blogs
The Department of Labor (DOL) recently issued four model notices that employers can use to provide t...
![A solar panel array spans the foreground with a sunlit city skyline and clouds in the background.](https://frostbrowntodd.com/app/uploads/2019/07/Energy-SolarPanels-City.jpg)
April 30, 2021 | Blogs
While the development of solar and alternative energy continues to grow in the United States, with i...
![Signed document and notary](https://frostbrowntodd.com/app/uploads/2019/05/Estates-Trusts-Wills-Contract-Notary-270x500.jpg)
April 16, 2021 | Blogs
Beginning in March 2020, pandemic-driven lockdowns, home quarantines, and general isolation made it ...
![The front facade of a building displays a sign reading "Internal Revenue Service."](https://frostbrowntodd.com/app/uploads/2020/05/IRS-Internal-Revenue-Service-270x500.jpg)
April 15, 2021 | Blogs
During the past several years, there has been a marked increase across the country in the use of C c...
![Tax Law calculator for tax saving techniques](https://frostbrowntodd.com/app/uploads/2019/07/Tax-Calculator-270x500.jpg)
April 13, 2021 | Blogs
The most discussed issue during West Virginia’s 2021 legislative session was the proposed repeal o...
![A hand is holding a fanned-out stack of US dollar bills.](https://frostbrowntodd.com/app/uploads/2020/04/Handing-Cash-Over-270x500.jpg)
April 9, 2021 | Blogs
Like the federal government and other states, Ohio grants nonprofit organizations the benefit of cer...
![A financial market graph is overlaid on a close-up of Benjamin Franklin's face from the U.S. $100 bill.](https://frostbrowntodd.com/app/uploads/2020/04/Finance-Cash-Stocks-ColorBlocks-270x500.jpg)
April 5, 2021 | Blogs
The choice of entity decision is a critical step in every company’s life cycle. At its onset, a bu...
![Two surgical masks are placed on top of numerous U.S. dollar bills.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Finance-Cash-Mask-270x500.jpg)
April 1, 2021 | Blogs
In Announcement 2021-7 issued on March 26, 2021, the IRS announced that amounts paid for personal pr...
![A modern data center with rows of server racks and blue LED lights.](https://frostbrowntodd.com/app/uploads/2019/07/Technology-Computer-Server-Room.jpg)
March 29, 2021 | Blogs
Kentucky has long been considered a national leader in the manufacturing industry given its low cost...
![A tablet displaying colorful charts and graphs is lying next to printed data reports and a spiral-bound notebook on a white surface.](https://frostbrowntodd.com/app/uploads/2019/07/Finance-Comparing-Data-270x500.jpg)
March 24, 2021 | Blogs
Synopsis The distribution of a C corporation’s assets to its shareholders often triggers a hea...
![West Virginia State Laws](https://frostbrowntodd.com/app/uploads/2010/10/Government-WV-State-Capitol-270x500.jpg)
March 17, 2021 | Blogs
In his 2021 State of the State Address, West Virginia Governor Jim Justice proposed a repeal of the ...
![A legislative assembly hall with empty desks and a large chandelier overhead.](https://frostbrowntodd.com/app/uploads/2020/04/KY-State-Senate-Chambers-270x500.jpg)
March 17, 2021 | Blogs
With a shorter than usual legislative session, an outstanding budget for the 2022 fiscal year, and s...
![A jigsaw puzzle featuring a partially completed image of a hundred-dollar bill.](https://frostbrowntodd.com/app/uploads/2020/04/Money-Puzzle-270x500.jpg)
March 10, 2021 | Blogs
On January 13, 2021, the IRS posted final Treasury Regulations for Section 1061 of the Internal Reve...
![A compass is lying on top of financial documents with numerical data.](https://frostbrowntodd.com/app/uploads/2019/06/frost-brown-todd-financial-services-placeholder-270x500.jpg)
March 10, 2021 | Blogs
Hedge fund, private equity and real estate professionals are often compensated through the grant of ...
![A person uses a smartphone with various finance-related icons floating around it, suggesting online banking.](https://frostbrowntodd.com/app/uploads/2020/04/Home-Banking-Shopping-270x500.jpg)
March 5, 2021 | Blogs
In the wake of the COVID-19 pandemic, many businesses and government agencies have made changes to a...
![A jigsaw puzzle featuring a partially completed image of a hundred-dollar bill.](https://frostbrowntodd.com/app/uploads/2020/04/Money-Puzzle-270x500.jpg)
February 22, 2021 | Blogs
Only the issuance of “stock” triggers the running of Section 1202’s five-year hold...
![Individuals are engaged in a business meeting, with one person pointing at a document on a table scattered with various papers and reports.](https://frostbrowntodd.com/app/uploads/2019/06/deal-table-contract-agreement.jpg)
February 19, 2021 | Blogs
Many M&A transactions are structured to include a rollover of some percentage of the target comp...
![A hand is using a red pen to mark a date on a calendar.](https://frostbrowntodd.com/app/uploads/2020/04/Calendar-Highlighter-Deadline-270x500.jpg)
February 12, 2021 | Blogs
This blog post summarizes the steps an employer must take if it wants to appeal an assessment of wit...
![A green road sign with the word "RETIREMENT" on it against a cloudy sky backdrop.](https://frostbrowntodd.com/app/uploads/2019/07/retirement-sign-270x500.jpg)
February 11, 2021 | Blogs
Pension plan and 401(k) plan fiduciaries, including employers who are the plan administrators under ...
![A calculator and a pen are placed on top of scattered IRS tax forms, including Form 1120 and 1120-L, with graphs in the background.](https://frostbrowntodd.com/app/uploads/2020/05/Corporate-Taxes-1120-270x500.jpg)
February 11, 2021 | Blogs
It’s that special time of year again, tax season. When it comes to filing income taxes, many taxpa...
![Bitcoin Cryptocurrency Security And Mining Concept. Safe Lock With Symbol Of Bitcoin On Circuit Board.](https://frostbrowntodd.com/app/uploads/2018/06/Blockchain-CombinationLock-270x500.jpg)
February 10, 2021 | Blogs
Published reports suggest that many businesses, including HBO, Xerox, Garmin, ExecuPharm and several...
![A tablet displaying colorful charts and graphs is lying next to printed data reports and a spiral-bound notebook on a white surface.](https://frostbrowntodd.com/app/uploads/2019/07/Finance-Comparing-Data-270x500.jpg)
February 4, 2021 | Publications
The valuation of a private company’s stock is central to the operation of an employee stock owners...
![A calculator rests on top of a notebook against a blue background.](https://frostbrowntodd.com/app/uploads/2019/07/Tax-Deadlines.jpg)
February 4, 2021 | Blogs
To say that 2020 was a year that brought about many changes would be an understatement, and many pan...
![Private Equity](https://frostbrowntodd.com/app/uploads/2019/04/Graph_Tablet_Pen-270x500.jpg)
January 28, 2021 | Blogs
During the 21st century, financial buyers such as private equity sponsors (PE firms) have dramatical...
![A series of fluctuating financial graphs and numerical data overlaying a dark background, likely representing stock market information.](https://frostbrowntodd.com/app/uploads/2020/05/Finance-Line-Graphs-Blue-Green-270x500.jpg)
January 28, 2021 | Blogs
Given the projected loss in tax revenue in 2020, and beyond, due to the COVID-19 pandemic, states ar...
![A pinpoint on a geometric diagram with lines radiating from the center.](https://frostbrowntodd.com/app/uploads/2019/07/Pin_AntiqueMap.jpg)
January 27, 2021 | Blogs
A typical part of the sale of a business is the rollover of some equity by the target company’...
![Digital representation of a stock market graph overlaid with virus particles.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Graphs-270x500.jpg)
January 22, 2021 | Blogs
When the federal government released its Paycheck Protection Program (PPP) in March 2020 as a part o...
![Ohio statehouse building](https://frostbrowntodd.com/app/uploads/2019/07/Ohio_Statehouse.jpg)
January 19, 2021 | Publications
On December 29, 2020, Ohio Governor Mike DeWine signed Senate Bill 39, creating a new tax credit app...
![A sticky note with the word "JOBS" written on it is placed on top of a pile of U.S. hundred-dollar bills.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Jobs-Cash-Question-270x500.jpg)
January 15, 2021 | Blogs
The Coronavirus Aid, Relief and Economic Security (CARES Act), signed into law on March 27, establis...
![An aerial view of a highway interchange with lush greenery surrounding the roads.](https://frostbrowntodd.com/app/uploads/2019/06/1-Mobility-Transportation.jpg)
January 15, 2021 | Blogs
Imagine that you are the chief financial officer of an aftermarket automotive parts company named Su...
![Pile Of Books Isolated On White Background](https://frostbrowntodd.com/app/uploads/2019/03/Education-Books-Stacked-e1562860263236.jpg)
January 13, 2021 | Blogs
At 5,593 pages, the Consolidated Appropriations Act, 2021 (“Act”) is the longest bill ever passe...
![A blue-tinted map highlighting the state of Kentucky.](https://frostbrowntodd.com/app/uploads/2020/04/Kentucky-Topographic-Map-270x500.jpg)
January 11, 2021 | Blogs
Recently, Bloomberg Tax & Accounting released its 2020 Trust Nexus Survey gathering states’ va...
![A lit drilling rig stands against a backdrop of rugged hills under a twilight sky.](https://frostbrowntodd.com/app/uploads/2019/07/Energy-Oil-Fracking-Dusk-270x500.jpg)
January 11, 2021 | Blogs
This article was originally published in Tax Notes. Since 2015, various natural gas producers have p...
![Featured image for posts](https://frostbrowntodd.com/app/uploads/2019/10/Pillar-Detail_bw-e1570024622271-270x500.jpg)
January 5, 2021 | Blogs
President Trump’s recent veto and the subsequent override aside, the National Defense Authorizatio...
![A hand is holding a fanned-out stack of US dollar bills.](https://frostbrowntodd.com/app/uploads/2020/04/Handing-Cash-Over-270x500.jpg)
January 4, 2021 | Blogs
For companies seeking to attract and retain key employees, there often comes a time when discussions...
![A legislative assembly hall with empty desks and a large chandelier overhead.](https://frostbrowntodd.com/app/uploads/2020/04/KY-State-Senate-Chambers-270x500.jpg)
December 22, 2020 | Blogs
State legislatures, like the rest of us, could never have predicted how 2020 would unfold. Kentucky ...
![A close-up of a dictionary page showing the definition of the word "licence" with an alternative spelling "license."](https://frostbrowntodd.com/app/uploads/2019/07/Intellectual-Property-License-Definition.jpg)
December 3, 2020 | Blogs
On Sept. 29, the Supreme Court of Ohio released its decision in Defender Security Co. v. McClain[1] ...
![Large marble columns stand prominently with trees visible in the background.](https://frostbrowntodd.com/app/uploads/2020/04/US-Supreme-Court-Capitol-Building-270x500.jpg)
November 30, 2020 | Blogs
On November 10, 2020, the U.S. Supreme Court heard oral arguments (via teleconference) on the latest...
![A nighttime scene of an illuminated industrial complex with multiple structures and bright lights set against a dark blue sky.](https://frostbrowntodd.com/app/uploads/2019/06/IndustrialPlant-270x402.jpg)
November 19, 2020 | Blogs
In Antero Resources Corporation v. Dale W. Steager, State Tax Commissioner of West Virginia, Case No...
![A judge's gavel and a balance scale are presented on a desk, illuminated by natural light, suggesting a legal or judicial setting.](https://frostbrowntodd.com/app/uploads/2019/07/Legal-Gavel-Scales-Desk-270x500.jpg)
November 18, 2020 | Blogs
A federal district court recently called investments in private companies that participate in a mult...
![A swirling vortex surrounded by numerous U.S. dollar bills.](https://frostbrowntodd.com/app/uploads/2020/05/Cash-Tunnel-270x500.jpg)
November 13, 2020 | Blogs
Many small businesses are structured as pass-through entities for federal income tax purposes.[1] We...
![A hundred-dollar bill partially submerged under waves of ocean water.](https://frostbrowntodd.com/app/uploads/2020/05/Financial-Crisis-270x500.jpg)
October 26, 2020 | Blogs
Beware of Mixing Section 1202’s Version of Oil and Water – S Corporations and QSBS Our Section 1...
![A red "TAX" is surrounded by multiple white cards with black question marks on them.](https://frostbrowntodd.com/app/uploads/2020/05/Tax-270x500.jpg)
October 21, 2020 | Blogs
This article was originally published in Law360 Tax Authority. On Aug. 31, Kentucky Gov. Andy Beshe...
![Slow but stable investment or low fluctuate stock market concept, miniature figure tortoise walking on chalkboard with drawing green price line graph of stock market value.](https://frostbrowntodd.com/app/uploads/2020/04/Slow-Graph-Turtle-270x500.jpg)
October 16, 2020 | Blogs
End of Year Landscape As we approach the end of 2020, several factors in this historic year signal a...
![A person filling out paperwork at desk, neck down](https://frostbrowntodd.com/app/uploads/2019/05/frost-brown-todd-careers3-placeholder-e1557956013211.jpg)
October 2, 2020 | Blogs
In Notice 2020-68 (Notice), the Internal Revenue Service (IRS) provided guidance on several provisio...
![The front facade of a building displays a sign reading "Internal Revenue Service."](https://frostbrowntodd.com/app/uploads/2020/05/IRS-Internal-Revenue-Service-270x500.jpg)
September 25, 2020 | Blogs
The IRS recently updated the tax notice, “Your Rollover Options,” which 401(k) and other qualifi...
![Modern apartment buildings with vibrant facades are surrounded by neatly landscaped green spaces and pedestrian paths under a clear blue sky.](https://frostbrowntodd.com/app/uploads/2019/07/Apartment_Building2-270x500.jpg)
September 21, 2020 | Blogs
This article was originally published in Law360 Tax Authority. The drop-down LLC transaction has be...
![An array of blue solar panels is in the foreground with a city skyline under a cloudy sky in the background.](https://frostbrowntodd.com/app/uploads/2019/07/Energy-Solar-Panels-City-Background-e1562863106628.jpg)
September 18, 2020 | Blogs
Every state provides several state and local tax exemptions, credits, abatements and incentives for ...
![Interlocking metal gears with the words "OLD WAY" and "NEW WAY" engraved on them, symbolizing change and progression.](https://frostbrowntodd.com/app/uploads/2019/07/Old-way-New-way-change-adapt-evolve-270x500.jpg)
September 18, 2020 | Blogs
With the corporate tax rate reduced from 35% to 21%, we have experienced a heightened awareness that...
![A wooden gavel is poised above a sounding block against a backdrop featuring a seal emblem.](https://frostbrowntodd.com/app/uploads/2020/04/Kentucky-State-Flag-Gavel-270x500.jpg)
September 4, 2020 | Blogs
On August 31, 2020, Governor Andy Beshear signed an Executive Order to restructure the Public Protec...
![The front facade of a building displays a sign reading "Internal Revenue Service."](https://frostbrowntodd.com/app/uploads/2020/05/IRS-Internal-Revenue-Service-270x500.jpg)
September 2, 2020 | Blogs
The Department of Treasury recently released guidance, Notice 2020-65, to clarify President Trump’...
![Various tax forms, including a 1040 and a W-2, are displayed alongside a depiction of the Statue of Liberty.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Personal-Taxes-270x500.jpg)
August 31, 2020 | Blogs
Now more than ever, companies and organizations are evolving to allow employees to work from home. S...
![A person is filling out an unemployment benefits application form with a pen.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Unemployment-Benefits-Application-270x500.jpg)
August 27, 2020 | Blogs
This article was originally published in Law360 Tax Authority. Since Gov. Andy Beshear’s decl...
![Saving And Pension Planning](https://frostbrowntodd.com/app/uploads/2019/07/Finance-Pension-Jar.jpg)
August 20, 2020 | Blogs
The IRS has now answered many of the new questions raised after the Coronavirus Aid, Relief, and Eco...
![Several chess pieces are arranged on a reflective surface, with a prominent king piece in focus and a bright, abstract background.](https://frostbrowntodd.com/app/uploads/2020/05/Chess-Stocks-FInance-270x500.jpg)
August 14, 2020 | Blogs
Many areas of life have slowed down, and in some cases come to a complete halt, because of the COVID...
![A green road sign with the word "RETIREMENT" on it against a cloudy sky backdrop.](https://frostbrowntodd.com/app/uploads/2019/07/retirement-sign-270x500.jpg)
August 13, 2020 | Blogs
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a relief package in response to ...
![Piggy bank overflowing with money](https://frostbrowntodd.com/app/uploads/2019/07/Finance-Piggy-Bank-Money-270x500.jpg)
August 13, 2020 | Blogs
As employers look for ways to reduce expenses or address cash flow issues, many are considering a re...
![Business Work Environment](https://frostbrowntodd.com/app/uploads/2019/07/Employee-Benefits-Business-Meeting-Blurred-270x500.jpg)
August 11, 2020 | Blogs
In Notice 2020-46 (the “Notice”), the Internal Revenue Service (IRS) created a new avenue for em...
![A red-dominated screen displays fluctuating financial stock or market data with graphs and charts.](https://frostbrowntodd.com/app/uploads/2020/05/Finance-Graphs-Downward-Trend-Red-270x500.jpg)
August 5, 2020 | Blogs
With the corporate federal income tax rate reduced from 35% to 21%, there is a renewed interest in c...
![Two individuals are shaking hands over a table with documents and a digital tablet, suggesting a professional agreement or partnership.](https://frostbrowntodd.com/app/uploads/2019/07/Making-a-Deal-Handshake-270x500.jpg)
August 3, 2020 | Blogs
On June 29, 2020, the U.S. Department of Labor (DOL) proposed a new prohibited transaction exemption...
![A hand pointing to a stock market graph on a digital screen indicating financial analysis.](https://frostbrowntodd.com/app/uploads/2019/06/Financial-Analytics_Screen-270x500.jpg)
July 22, 2020 | Blogs
In a recent Information Letter (the “Letter”), the Department of Labor (DOL) clarified that defi...
![Uncover the Benefits](https://frostbrowntodd.com/app/uploads/2019/10/UncoverBenefits-270x500.jpg)
July 21, 2020 | Blogs
A plan investment policy statement (IPS) is a written statement intended to provide a plan’s inves...
![Three health insurance cards and a stethoscope lie on top of a medical billing statement.](https://frostbrowntodd.com/app/uploads/2020/04/Health-Insurance-Cards-270x500.jpg)
July 20, 2020 | Blogs
The Trump administration has just issued a new proposed rule which, if finalized, will provide great...
![Rolled-up US dollar bills are interspersed with blue spiky virus-like particles.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Money-Blue-270x500.jpg)
July 16, 2020 | Blogs
Two bills from the House of Representatives (H.R.2, the Moving Forward Act, and H.R.3967, the Munici...
![A golden piggy bank is juxtaposed with a stethoscope against a green background, symbolically representing the concept of financial health or the costs associated with medical care.](https://frostbrowntodd.com/app/uploads/2019/07/Stethoscope_PiggyBank-270x500.jpg)
July 10, 2020 | Blogs
Since its inception, the Affordable Care Act (ACA), also known as Obamacare, has been challenged for...
![A group of individuals are standing close together, clasping each other's hands in a show of unity or agreement.](https://frostbrowntodd.com/app/uploads/2019/07/Data-Crunching-Numbers-270x500.jpg)
June 29, 2020 | Blogs
As the economy starts to open, sellers of businesses are uniquely positioned to potentially capture ...
![A person filling out paperwork at desk, neck down](https://frostbrowntodd.com/app/uploads/2019/05/frost-brown-todd-careers3-placeholder-e1557956013211.jpg)
June 24, 2020 | Coronavirus Response Team
Executive employment contracts and compensation have been more heavily scrutinized for the last coup...
![Technology, Data Privacy Concept](https://frostbrowntodd.com/app/uploads/2019/11/gettyimages-1130053721-170667a-270x339.jpg)
June 22, 2020 | Blogs
In response to the ongoing COVID-19 pandemic, the Internal Revenue Service (“IRS”) recently issu...
![A woman wearing a headset is using a computer to have a video call with an older man who appears on the screen.](https://frostbrowntodd.com/app/uploads/2020/04/Remote-Assistance-Telehealth-270x500.jpg)
June 22, 2020 | Blogs
This article was originally published in Law360 Tax Authority. All employers, whether private corpor...
![Stack of papers in front of computer](https://frostbrowntodd.com/app/uploads/2019/07/Documents-BinderClips-270x500.jpg)
June 12, 2020 | Coronavirus Response Team
Proper Calculation of Qualified Health Plan Expenses Eligible for Sick and Family Medical Leave Tax ...
![A pinpoint on a geometric diagram with lines radiating from the center.](https://frostbrowntodd.com/app/uploads/2019/07/Pin_AntiqueMap.jpg)
June 2, 2020 | Blogs
This article was originally published in Thomson Reuters Journal of Multistate Taxation and Incentiv...
![A row of individuals sits while holding folders or engaging with their phones.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Unemployment-People-Waiting-270x500.jpg)
June 2, 2020 | Blogs
As with many things in life and business, timing is important. The same was true with regards to the...
![A modern office setup with a desk, documents, and a laptop, illuminated by warm sunlight.](https://frostbrowntodd.com/app/uploads/2019/07/Conference-Room-Data-270x500.jpg)
June 1, 2020 | Coronavirus Response Team
As states continue to enforce and extend stay-at-home executive orders, and many businesses opt to a...
![A stack of hundred-dollar bills is partially covered by a blue surgical mask.](https://frostbrowntodd.com/app/uploads/2020/04/Finance-Health-Cash-Mask-270x500.jpg)
May 27, 2020 | Blogs
The Internal Revenue Service (IRS) released Notices 2020-29 and 2020-33 (Notices) on May 12, 2020. T...
![Two people working at a desk with a computer displaying charts and graphs, overlaid with various financial and analytical icons.](https://frostbrowntodd.com/app/uploads/2020/04/Business-Analytics-270x500.jpg)
May 19, 2020 | Blogs
Navigating through recapitalizations, reorganizations, stock splits, reverse stock splits, tax free ...
![A transparent world map overlays an image of a modern conference room with large windows.](https://frostbrowntodd.com/app/uploads/2020/04/International-Business-BW-270x500.jpg)
May 8, 2020 | Blogs
In an earlier article titled “Rollover Equity Transactions 2019,” we discussed the vario...
![Three health insurance cards and a stethoscope lie on top of a medical billing statement.](https://frostbrowntodd.com/app/uploads/2020/04/Health-Insurance-Cards-270x500.jpg)
May 7, 2020 | Blogs
Employers, insurers and benefit plan vendors are all impacted by new guidance issued by the Departme...
![An open notebook with graphs is lying next to a calculator and a pen on a desk, indicative of an office or study environment.](https://frostbrowntodd.com/app/uploads/2019/07/Finance-Report-270x500.jpg)
May 1, 2020 | Coronavirus Response Team
While the Paycheck Protection Program (PPP) created by the federal CARES Act in response to the COVI...
![A calculator rests on top of a notebook against a blue background.](https://frostbrowntodd.com/app/uploads/2019/07/Tax-Deadlines.jpg)
April 30, 2020 | Blogs
Due to the coronavirus pandemic, the Internal Revenue Service extended the restatement deadlines for...
![Government KY State Capitol](https://frostbrowntodd.com/app/uploads/2010/10/Government-KY-StateCapitol-270x500.jpg)
April 29, 2020 | Blogs
The commonwealth’s primary concerns have drastically changed since the start of the 2020 General A...
![A colorful financial graph displays a variety of fluctuating stock market trends and data on a screen.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Stocks-Graph-Screen-270x500.jpg)
April 21, 2020 | Blogs
“When written in Chinese, the word crisis is composed of two characters – one represents danger ...
![A pen and a calculator are placed on top of several tax forms.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Tax-Changes-270x500.jpg)
April 20, 2020 | Blogs
While the CARES Act offers significant benefits to business owners in hard-hit industries, this comp...
![A pen and a calculator are placed on top of several tax forms.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Tax-Changes-270x500.jpg)
April 20, 2020 | Blogs
While the CARES Act offers significant benefits to business owners in hard-hit industries, this comp...
![Clean, renewable energy or electricity production tax credits and incentives, financial concept : Green energy symbols atop coin stack e.g solar panel, wind turbine, fuel cell battery and the word TAX](https://frostbrowntodd.com/app/uploads/2023/03/clean-renewable-energy-or-electricity-production-tax-credits-and-incentives-financial-concept-green-energy-symbols-atop-coin-stack-eg-solar-panel-wind-turbine-fuel-cell-battery-and-the-word-tax-stockpack-gettyimages-270x500.jpg)
April 20, 2020 | Blogs
This article was originally published in Tax Notes. Before 2020, West Virginia provided no tax incen...
![A network of metal gears is inscribed with the words "RULES," "REGULATIONS," "STANDARDS," "POLICIES," and "COMPLIANCE."](https://frostbrowntodd.com/app/uploads/2019/09/Rules-regulations-compliance-policies-standards-gears-270x500.jpg)
April 16, 2020 | Blogs
Authority and Role of Department of Revenue’s Interpretation of the Law One of the basic rules you...
![A stack of colorful sticky notes with a question mark on the top note is arranged against a blue background.](https://frostbrowntodd.com/app/uploads/2019/07/Question-Postit-Considering-Options-e1587130947199-270x500.jpg)
April 16, 2020 | Blogs
The Coronavirus Aide, Relief and Economic Security Act (CARES Act) provides businesses with various ...
![A question mark made of dollar bills stands on a wooden surface against a blue background.](https://frostbrowntodd.com/app/uploads/2020/04/Money-Question-Mark-270x500.jpg)
April 14, 2020 | Blogs
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a sweeping third-wave relief pac...
![A close-up of a calendar page shows dates with a pencil pointing to the 31st.](https://frostbrowntodd.com/app/uploads/2019/07/Calendar-270x500.jpg)
April 13, 2020 | Blogs
As U.S. taxpayers grapple with impacts of the COVID-19 disruption, Congress continues to offer relie...
![A modern office setup with a desk, documents, and a laptop, illuminated by warm sunlight.](https://frostbrowntodd.com/app/uploads/2019/07/Conference-Room-Data-270x500.jpg)
April 10, 2020 | Coronavirus Response Team
Tennessee has joined the ranks of states allowing remote witnessing and notarization of wills and ot...
![A pen and a calculator are placed on top of several tax forms.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Tax-Changes-270x500.jpg)
April 8, 2020 | Blogs
Code section 139 excludes from taxable income “qualified disaster relief payments” made to reimb...
![An illustration of a U.S. hundred-dollar bill superimposed with financial graphs and data.](https://frostbrowntodd.com/app/uploads/2020/04/Cash-Stocks-Graph-Blue-270x500.jpg)
April 8, 2020 | Blogs
The Families First Coronavirus Response Act (FFCRA) and Coronavirus Aid, Relief and Economic Securit...
![A login interface on a screen displaying fields for username and password with a "Sign in" button.](https://frostbrowntodd.com/app/uploads/2019/07/Technology-Data-Privacy-Username-Password-Sign-In-270x500.jpg)
April 7, 2020 | Blogs
In the wake of the recent global pandemic, many clients have reached out to the Frost Brown Todd tax...
![Stacks of coins are overlaid with the image of a clock.](https://frostbrowntodd.com/app/uploads/2020/04/Money-Time-Concept-270x500.jpg)
April 3, 2020 | Blogs
In the wake of the coronavirus disruption, taxing authorities across the United States are adjusting...
![A person is filling out an unemployment benefits application form with a pen.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Unemployment-Benefits-Application-270x500.jpg)
April 1, 2020 | Coronavirus Response Team
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a sweeping third-wave relief pac...
![Digital representation of a stock market graph overlaid with virus particles.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Graphs-270x500.jpg)
April 1, 2020 | Blogs
On March 18, 2020, the president signed the Families First Coronavirus Response Act (H.R. 6201, the ...
![A financial chart with downward trends and virus icons is depicted.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Stock-Graphs-270x500.jpg)
March 31, 2020 | Blogs
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a sweeping third-wave relief pac...
![A close-up view of the rainbow flag, often associated with LGBTQ+ pride.](https://frostbrowntodd.com/app/uploads/2019/06/Diversity-LGBT-Flag.jpg)
March 27, 2020 | Blogs
When a married individual dies, every state has laws granting certain rights to the decedent’s sur...
![A depiction of Kentucky's state shape in blue with its seal showing a statesman and a frontiersman shaking hands.](https://frostbrowntodd.com/app/uploads/2019/07/Government-Kentucky-Seal-e1562860142760-270x500.jpg)
March 27, 2020 | Blogs
Following the U.S. Senate’s approval of the CARES Act granting federal aid in response to the COVI...
![People are standing and walking on a large, open space marked with intersecting lines.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Social-Distancing-270x500.jpg)
March 27, 2020 | Blogs
The sweeping changes brought about by Ohio’s Novel Coronavirus Response Bill will directly affect ...
![A screen displaying various financial data with numbers and percentage changes indicated by green and red triangles.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Stocks-Rise-Fall-270x500.jpg)
March 27, 2020 | Blogs
The House gave final passage to the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)....
![Stack of newspapers with headlines related to business and the economy.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Business-Economy-Crisis-Newspaper-1-270x500.jpg)
March 27, 2020 | Blogs
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a sweeping third-wave relief pac...
![A document titled "Notice of Employment Termination" is partially covered by a pair of glasses.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Notice-Employment-Termination-270x500.jpg)
March 27, 2020 | Blogs
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a sweeping third-wave relief pac...
![A portrait of Benjamin Franklin on a one hundred dollar bill is depicted wearing a face mask.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Cash-Facemask-270x500.jpg)
March 25, 2020 | Coronavirus Response Team
As businesses continue to grapple with how to best navigate the economic climate following the COVID...
![Various tax forms, including a 1040 and a W-2, are displayed alongside a depiction of the Statue of Liberty.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Personal-Taxes-270x500.jpg)
March 25, 2020 | Blogs
As the coronavirus or COVID-19 outbreak has impacted almost every part of American business, many ow...
![A hand is initiating a chain reaction by knocking over a row of standing wooden dominoes.](https://frostbrowntodd.com/app/uploads/2019/07/DominoEffect-270x500.jpg)
March 24, 2020 | Coronavirus Response Team
This alert focuses on whether, in the throes of the COVID-19 pandemic, plan sponsors can amend their...
![A stack of documents with a pen on top rests on a wooden table in a warmly lit room, suggesting a workplace setting with a focus on the paperwork.](https://frostbrowntodd.com/app/uploads/2019/07/documents-papers-on-desk.jpg)
March 23, 2020 | Coronavirus Response Team
With the turmoil and uncertainty surrounding the COVID-19 outbreak in the United States, it is impor...
![A U.S. dollar bill with a person's portrait is overlaid with stock market data and coronavirus images, all in a blue tint.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Finance-270x500.jpg)
March 23, 2020 | Coronavirus Response Team
As the COVID-19 pandemic continues, employers of all sizes are making difficult decisions about th...
![IRS Tax forms](https://frostbrowntodd.com/app/uploads/2019/11/Blog-Tax-Documents-270x500.jpg)
March 23, 2020 | Coronavirus Response Team
While COVID-19 continues to cause panic across the United States, the federal government is not the ...
![Doctors Medical Technology](https://frostbrowntodd.com/app/uploads/2019/06/Doctors_Tablet.jpg)
March 18, 2020 | Coronavirus Response Team
While many employers are closing their doors to stem the spread of the COVID-19 virus, other employe...
![Technology, Data Privacy Concept](https://frostbrowntodd.com/app/uploads/2019/11/gettyimages-1130053721-170667a-270x339.jpg)
March 18, 2020 | Coronavirus Response Team
As COVID-19 continues on, more and more businesses and employers are either authorizing or requiring...
![A calculator rests on top of a notebook against a blue background.](https://frostbrowntodd.com/app/uploads/2019/07/Tax-Deadlines.jpg)
March 17, 2020 | Coronavirus Response Team
As the coronavirus pandemic evolves, the Federal Government is continuing to offer relief that will ...
![A health benefits claim form is partially filled out with a pen resting on top.](https://frostbrowntodd.com/app/uploads/2019/09/Health-Benefits-Claim-Form-Labor-Employment-Employee-270x500.jpg)
March 17, 2020 | Coronavirus Response Team
Compliance concerns related to the Health Insurance Portability and Accountability Act (HIPAA), the ...
![Red spiky virus-like spheres are scattered on a blue background with the word "CORONAVIRUS" in bold white and red letters at the center.](https://frostbrowntodd.com/app/uploads/2020/03/Coronavirus-Text-270x500.jpg)
March 13, 2020 | Coronavirus Response Team
As the country is hit with a wave of event cancellations, school closures, and work-from-home direct...
![A person sitting at a desk with a laptop, holding their glasses and rubbing their eyes.](https://frostbrowntodd.com/app/uploads/2020/03/StressedWoman_Laptop-270x500.jpg)
March 10, 2020 | Blogs
As part of the Tax Cuts and Jobs Act of 2017 (“2017 Tax Act”), Congress created several headache...
![Two individuals are pulling back a curtain to reveal a green and vibrant cityscape behind a polluted, smoky environment.](https://frostbrowntodd.com/app/uploads/2020/03/cleanup-environment-270x500.jpg)
March 2, 2020 | Coronavirus Response Team
Employers are in search of ways to help employees who have been severely and unexpectedly impacted i...
![A shattered blue piggy bank with coins scattered around it on a wooden surface.](https://frostbrowntodd.com/app/uploads/2019/06/Financial-Broken-Piggy-Bank-1-270x500.jpg)
February 28, 2020 | Blogs
On December 20, 2019, the Setting Every Community Up for Retirement Enhancement Act of 2019 (the SEC...
![gavel atop a document titled "tax law"](https://frostbrowntodd.com/app/uploads/2019/07/Tax_Law-270x500.jpg)
February 21, 2020 | Blogs
Following the November Kentucky gubernatorial election, and the start of a new administration, the n...
![A compass is lying on top of financial documents with numerical data.](https://frostbrowntodd.com/app/uploads/2019/06/frost-brown-todd-financial-services-placeholder-270x500.jpg)
February 17, 2020 | Blogs
This article is a guide for investors and fund sponsors who purchase, own and sell qualified small b...
![A healthcare professional wearing a lab coat with a stethoscope is holding a piggy bank.](https://frostbrowntodd.com/app/uploads/2019/07/Health-Care-Doctor-PiggyBank-270x500.jpg)
February 4, 2020 | Blogs
When the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) became law o...
![Blueprints of towering skyscrapers with intricate architectural designs illuminated against a blue background.](https://frostbrowntodd.com/app/uploads/2019/07/Blueprints_Skyscrapers-270x500.jpg)
January 31, 2020 | Blogs
Should an owner conduct business in an entity taxed as a partnership or a corporation is a frequentl...
![A solitary tree stands at the center of a grassy continent, juxtaposed with an encircling urban skyline against a backdrop of a clear sky with fluffy clouds.](https://frostbrowntodd.com/app/uploads/2019/07/Energy-Environmental-Green-Planet-Tree-Efficiency-e1562863145481-270x500.jpg)
January 22, 2020 | Blogs
Now more than ever, businesses are focused on their environmental impact and sustainability goals. T...
![A hand is interacting with a digital graph that overlays a map, symbolizing financial or data trends on a global scale.](https://frostbrowntodd.com/app/uploads/2019/06/increase-profit-finger-swiping-up-on-bar-chart-270x500.jpg)
January 17, 2020 | Blogs
This article is one of a series addressing planning issues relating to qualified small business stoc...
![A green road sign with the word "RETIREMENT" on it against a cloudy sky backdrop.](https://frostbrowntodd.com/app/uploads/2019/07/retirement-sign-270x500.jpg)
January 10, 2020 | Blogs
As part of the bill funding the federal government through next September, the Setting Every Communi...
![A wooden gavel and a brass scale symbolizing law and justice rest on a desk with books in the background.](https://frostbrowntodd.com/app/uploads/2019/07/Well-Practiced-Gavel-Scales-270x500.jpg)
January 6, 2020 | Blogs
A divided Sixth Circuit Court of Appeals panel ruled in the case of In re FirstEnergy Solutions Cor...
![IRS Tax forms](https://frostbrowntodd.com/app/uploads/2019/11/Blog-Tax-Documents-270x500.jpg)
January 6, 2020 | Publications
Employers are required to annually report to the IRS all Incentive Stock Option (ISO) exercises and ...
![Kentucky Statehouse](https://frostbrowntodd.com/app/uploads/2010/10/Government-Frankfort-KY-270x500.jpg)
December 20, 2019 | Blogs
In our October article, we discussed the 2019 Kentucky gubernatorial candidates’ respective plans ...
!["1040 Form, IRS Tax Audit"](https://frostbrowntodd.com/app/uploads/2019/07/Audit_Calculator-e1590010456924-270x355.jpg)
December 19, 2019 | Blogs
A recent Ohio Ninth District Court of Appeals’ decision in Karvo Paving Co. v. Testa[1] addressed ...
![A calculator and a pen lie atop financial documents with numerical data.](https://frostbrowntodd.com/app/uploads/2019/07/Calculator_Numbers-270x466.jpg)
November 21, 2019 | Blogs
Revisiting Holding the Carried Interest Through an S Corporation Eighteen months ago, we published a...
![Piggy bank overflowing with money](https://frostbrowntodd.com/app/uploads/2019/07/Finance-Piggy-Bank-Money-270x500.jpg)
November 12, 2019 | Blogs
401(k) Limits Increased for 2020 On November 6, 2019, the Internal Revenue Service issued the cost o...
![A pen rests on a financial chart displaying stock market data and trends.](https://frostbrowntodd.com/app/uploads/2019/11/Pen_Stocks-270x500.jpg)
November 1, 2019 | Blogs
A basic checklist of qualification requirements to help business owners and tax professionals consid...
![Employment Law Concept. Book And Gavel On A Desk.](https://frostbrowntodd.com/app/uploads/2019/09/Employment-Law-Labor-Book-Gavel-270x500.jpg)
October 31, 2019 | Blogs
On October 23, 2019, the Department of Labor (DOL) published a proposed rule outlining a new safe ha...
![Kentucky Statehouse](https://frostbrowntodd.com/app/uploads/2010/10/Government-Frankfort-KY-270x500.jpg)
October 30, 2019 | Blogs
Introduction Tax legislation enacted this Spring and last in Kentucky is but the latest enhancement ...
![A shattered blue piggy bank with coins scattered around it on a wooden surface.](https://frostbrowntodd.com/app/uploads/2019/06/Financial-Broken-Piggy-Bank-1-270x500.jpg)
October 23, 2019 | Blogs
On September 23, 2019, the IRS issued final regulations regarding hardship withdrawals from 401(k) P...
![A depiction of Kentucky's state shape in blue with its seal showing a statesman and a frontiersman shaking hands.](https://frostbrowntodd.com/app/uploads/2019/07/Government-Kentucky-Seal-e1562860142760-270x500.jpg)
October 23, 2019 | Blogs
Last year was the year of significant tax reform in Kentucky, and 2019 is the year of clean-up (with...
![Energy Coal Stacker](https://frostbrowntodd.com/app/uploads/2019/07/Energy-Coal-Stacker-e1562863190393-270x500.jpg)
October 7, 2019 | Blogs
This article was originally published in Tax Notes. On March 27 Gov. Jim Justice (R) signed two bill...
![A droplet of yellow liquid is suspended from a dropper above an open brown bottle.](https://frostbrowntodd.com/app/uploads/2019/10/CBD-Oil_1-270x500.jpg)
October 2, 2019 | Blogs
Planting the Seed – How the Hemp Industry Began to Bloom Few products have ever taken the market b...
![A close-up view of a blue calculator with a "TAX+" button prominently displayed.](https://frostbrowntodd.com/app/uploads/2019/09/Tax_Calculator-270x500.jpg)
October 1, 2019 | Blogs
A lot has changed in the state and local tax world after the 2018 Wayfair[1] decision which finally ...
![A piece of paper with the word "TRUST" torn into two parts.](https://frostbrowntodd.com/app/uploads/2018/07/Trust_Gap-270x500.jpg)
September 30, 2019 | Blogs
Nexus is nearly an impossible concept to grasp in most state and local tax (SALT) contexts as states...
![A gold piggy bank is being squeezed by a carpenter's vise with wooden handles.](https://frostbrowntodd.com/app/uploads/2019/06/squeeze-pigy-bank-save-money-penny-pinching-270x500.jpg)
July 16, 2019 | Blogs
An employer which participates in an underfunded multiemployer pension plan should request an estima...
![A red car is speeding down a road, with a blurred background indicating high speed and motion.](https://frostbrowntodd.com/app/uploads/2019/07/Automotive-Car-Sun-1-270x500.jpg)
July 16, 2019 | Publications
It isn’t unusual for shareholders holding vested stock in their target company to roll the sto...
![A person is reviewing a document with a pen in hand, ready to write or make annotations.](https://frostbrowntodd.com/app/uploads/2019/07/Business-Contract-Negotiation-270x500.jpg)
July 9, 2019 | Blogs
On May 23, 2019, the U.S. House of Representatives passed the “Setting Every Community Up for Reti...
![Change hand written in sand](https://frostbrowntodd.com/app/uploads/2020/04/Change-270x467.jpg)
July 3, 2019 | Blogs
Kentucky’s 2018 Regular Session of the General Assembly brought sweeping changes to the state’s ...
![A question mark made of dollar bills stands on a wooden surface against a blue background.](https://frostbrowntodd.com/app/uploads/2020/04/Money-Question-Mark-270x500.jpg)
June 17, 2019 | Blogs
Under IRC § 199A, some businesses that are not C corporations can claim an income tax deduction equ...
![Uncover the Benefits](https://frostbrowntodd.com/app/uploads/2019/10/UncoverBenefits-270x500.jpg)
June 14, 2019 | Blogs
Hedge fund, private equity and real estate professionals value the carried interest because it allow...
![A group of individuals are collaborating over a table scattered with papers, sticky notes, and design materials.](https://frostbrowntodd.com/app/uploads/2019/06/Planning_Postits.jpg)
June 7, 2019 | Blogs
In 2017, the IRS eliminated the ability of sponsors of individually-designed qualified retirement pl...
!["$100"](https://frostbrowntodd.com/app/uploads/2019/06/Financial-Pile-Hundreds-Bills-270x466.jpg)
May 30, 2019 | Blogs
Despite being separate and distinct from “family law,” estate planning techniques and strategies...
![A close-up of a blue glass-clad building facade showing the pattern of windows and a protruding architectural feature.](https://frostbrowntodd.com/app/uploads/2019/06/Modern_Building_Windows-270x500.jpg)
May 24, 2019 | Blogs
Why are tax opinions especially relevant today? Recent changes in the tax laws have left taxpayers a...
![gavel atop a document titled "tax law"](https://frostbrowntodd.com/app/uploads/2019/07/Tax_Law-270x500.jpg)
May 22, 2019 | Blogs
The Importance of Tax Regulations and its Critical Role After Kentucky’s Recent Tax Reform As ...
![Kentucky Statehouse](https://frostbrowntodd.com/app/uploads/2010/10/Government-Frankfort-KY-270x500.jpg)
May 22, 2019 | Blogs
Kentucky legislative sessions are always full of twists, turns, and surprises. The 2018 Regular Sess...
![A close-up view of a clock showing the time approaching midnight.](https://frostbrowntodd.com/app/uploads/2019/07/Clock-270x500.jpg)
April 29, 2019 | Blogs
Are You Withholding Too Much on Nonqualified Deferred Compensation? If you have a nonqualified defer...
![gavel atop a document titled "tax law"](https://frostbrowntodd.com/app/uploads/2019/07/Tax_Law-270x500.jpg)
April 19, 2019 | Blogs
Kentucky taxpayers now have access to the state’s Department of Revenue (DOR) tax rulings. The cas...
![Government KY State Capitol](https://frostbrowntodd.com/app/uploads/2010/10/Government-KY-StateCapitol-270x500.jpg)
April 12, 2019 | Blogs
As a part of the generational legislation on Kentucky tax passed last April via 2018 HB 486, the Gen...
!["$100"](https://frostbrowntodd.com/app/uploads/2019/06/Financial-Pile-Hundreds-Bills-270x466.jpg)
April 12, 2019 | Blogs
Now is a good time for employers to review their COBRA procedures or check with their COBRA vendors ...
![A waving flag of West Virginia with the state seal in the center.](https://frostbrowntodd.com/app/uploads/2020/04/West-Virginia-State-Flag-270x500.jpg)
April 8, 2019 | Blogs
This article was originally published in Tax Notes. Since the U.S. Supreme Court’s Quill[1] decisi...
![A hand pointing to a stock market graph on a digital screen indicating financial analysis.](https://frostbrowntodd.com/app/uploads/2019/06/Financial-Analytics_Screen-270x500.jpg)
April 3, 2019 | Blogs
On March 7, 2019, the IRS issued Notice 2019-18, which walked back its prohibition on offering retir...
![gavel atop a document titled "tax law"](https://frostbrowntodd.com/app/uploads/2019/07/Tax_Law-270x500.jpg)
April 3, 2019 | Publications
I recently published an article focusing on the choice of entity decision for main street businesses...
![A person is looking through a pair of orange binoculars against a blue background with a subtle pattern.](https://frostbrowntodd.com/app/uploads/2019/07/Binoculars_Woman-270x500.jpg)
March 29, 2019 | Blogs
Most closely held business owners recognize that a properly drafted and current buy-sell agreement ...
![Stack of papers in front of computer](https://frostbrowntodd.com/app/uploads/2019/07/Documents-BinderClips-270x500.jpg)
March 10, 2019 | Publications
What is an employee stock ownership plan (ESOP)? An ESOP is a means of providing an identity of in...
![gavel atop a document titled "tax law"](https://frostbrowntodd.com/app/uploads/2019/07/Tax_Law-270x500.jpg)
February 2, 2019 | Blogs
The importance of regulations in the world of tax is often overlooked, but in many cases, regulation...
![Professionals are engaged in a discussion over documents with charts and data, with a laptop and other office materials on the table.](https://frostbrowntodd.com/app/uploads/2019/07/Financial-Planning-270x500.jpg)
January 2, 2019 | Blogs
During the past year, numerous articles have summarized and analyzed the changes made by the Tax Cut...
![A calculator and pen rest on a sheet of paper with printed financial graphs and data.](https://frostbrowntodd.com/app/uploads/2019/07/Graph_Calculator_Pen-270x500.jpg)
August 30, 2018 | Blogs
Equity compensation (including options to purchase stock or LLC units, restricted stock or units, ...
![Pins on a road map](https://frostbrowntodd.com/app/uploads/2019/07/Geography-Map-Thumbtack-270x500.jpg)
August 20, 2018 | Blogs
Under IRC § 1202, 100% of gain on the sale of QSBS acquired after September 27, 2010, is generally ...
![Signed document and notary](https://frostbrowntodd.com/app/uploads/2019/05/Estates-Trusts-Wills-Contract-Notary-270x500.jpg)
July 31, 2018 | Blogs
Tax reform in 2017 increased the exemption against the federal estate tax from about $5,600,000 to...
![A clear piggy bank contains soil and lush green plants shaped like gear cogs, symbolizing financial growth or eco-friendly investments.](https://frostbrowntodd.com/app/uploads/2019/07/PiggyBank_Gears-270x500.jpg)
July 26, 2018 | Blogs
During the past decade, private equity investors and other financial buyers (referred to generally...
![A grand neoclassical building with a large dome is basked in sunlight against a clear blue sky, surrounded by immaculate lawns and walking paths.](https://frostbrowntodd.com/app/uploads/2019/07/KY_StateCapitol-270x500.jpg)
July 19, 2018 | Blogs
This article, authored by Frost Brown Todd's Mark Sommer, was originally published in Law360, and ...
![A wooden gavel rests on a stack of papers with a blurred backdrop of bookshelves.](https://frostbrowntodd.com/app/uploads/2019/07/Gavel_Files-270x500.jpg)
July 16, 2018 | Blogs
Department of Labor (DOL) published its Final Rule, adding the new Section 2510.3-5 to CFR Title 2...
![Photo of man holding camera](https://frostbrowntodd.com/app/uploads/2023/06/photo-of-man-holding-camera-stockpack-pexels-270x500.jpg)
June 11, 2018 | Blogs
This article was originally published in Tax Notes. In 2008 West Virginia began offering tax credits...
![A calculator and a pen lie atop financial documents with numerical data.](https://frostbrowntodd.com/app/uploads/2019/07/Calculator_Numbers-270x466.jpg)
April 24, 2018 | Blogs
Investment fund managers value compensation in the form of carried interests, which allows them to ...
![A hand holding a pen appears to be ticking a checkbox on a paper form.](https://frostbrowntodd.com/app/uploads/2019/07/Checklist-270x500.jpg)
March 28, 2018 | Blogs
A multiemployer/union benefit plan is a plan that two or more employers contribute to under the te...
![A close-up of a calendar page shows dates with a pencil pointing to the 31st.](https://frostbrowntodd.com/app/uploads/2019/07/Calendar-270x500.jpg)
March 22, 2018 | Blogs
Beginning April 1, 2018, employers will need to be prepared to address Department of Labor (DOL) f...
![Big picture of finance, connecting the dots](https://frostbrowntodd.com/app/uploads/2019/07/Finance-Data-Personal-Information-Technology-Laptop-270x500.jpg)
March 12, 2018 | Blogs
The 2017 Tax Cuts and Jobs Act (the “2017 Tax Act”) ushered in several benefits for C corporatio...
![Interlocking metal gears with the words "OLD WAY" and "NEW WAY" engraved on them, symbolizing change and progression.](https://frostbrowntodd.com/app/uploads/2019/07/Old-way-New-way-change-adapt-evolve-270x500.jpg)
February 26, 2018 | Blogs
During the past decade, the White House, Congress and the IRS have threatened on numerous occasions ...
![A close-up of a modern white keyboard with a blue "submit" key highlighted and an arrow cursor icon pointing upwards.](https://frostbrowntodd.com/app/uploads/2019/07/Submit_App-270x500.jpg)
February 23, 2018 | Blogs
The Tax Cuts and Jobs Act of 2017 created a new community development program that provides capita...
![energy facility oil and gas tanks](https://frostbrowntodd.com/app/uploads/2019/06/oil-and-gas-energy-facility-tanks-270x500.jpg)
February 5, 2018 | Blogs
This article was originally published in Tax Notes. In the recent case of Matkovich v. CSX Transport...
![Finger drawing growth on a bar graph](https://frostbrowntodd.com/app/uploads/2019/10/increase-profit-finger-swiping-up-on-bar-chart-270x500.jpg)
February 5, 2018 | Blogs
Taxpayers who qualify for the IRC § 199A deduction (the “Deduction”) will be one of the...
![Signed document and notary](https://frostbrowntodd.com/app/uploads/2019/05/Estates-Trusts-Wills-Contract-Notary-270x500.jpg)
January 22, 2018 | Blogs
In the aftermath of the 1986 tax act and the introduction of LLCs, pass-through entities (LLC and S ...
!["1040 Form, IRS Tax Audit"](https://frostbrowntodd.com/app/uploads/2019/07/Audit_Calculator-e1590010456924-270x355.jpg)
December 21, 2017 | Publications
New laws governing IRS partnership audits (the “New Audit Rules”) were enacted during 2015 and a...
![A wooden gavel rests beside a stethoscope, symbolizing the intersection of law and healthcare.](https://frostbrowntodd.com/app/uploads/2019/07/Health_Law-270x500.jpg)
October 18, 2017 | Blogs
October 12, 2017, was an eventful day for the Affordable Care Act (ACA) because of two executive o...
!["Employee Benefits"](https://frostbrowntodd.com/app/uploads/2019/07/Employee_Benefits-270x500.jpg)
August 3, 2017 | Blogs
The administration of hardship distributions can be one of the most significant burdens employers ...
![A hand is placing coins into a glass jar labeled "PENSION" on a table.](https://frostbrowntodd.com/app/uploads/2019/07/Pension-270x500.jpg)
July 31, 2017 | Blogs
Unanimous decision turns on reading of the language of the statute.
![A close-up of a calendar page shows dates with a pencil pointing to the 31st.](https://frostbrowntodd.com/app/uploads/2019/07/Calendar-270x500.jpg)
July 21, 2017 | Blogs
Open enrollment for employer-sponsored health and welfare benefits comes every year, usually with ...
![A person is holding a cardboard sign with the word "union" written on it in black marker.](https://frostbrowntodd.com/app/uploads/2019/07/Labor_Union-270x500.jpg)
July 6, 2017 | Blogs
When a participating employer stops contributing to, or stops having a bargaining agreement obligati...
![A close-up view of a clock showing the time approaching midnight.](https://frostbrowntodd.com/app/uploads/2019/07/Clock-270x500.jpg)
March 21, 2017 | Blogs
Financial institutions and investment advisors have little certainty about compliance timing.
![Colorful ropes are intertwined, converging at a central knot against a grey background.](https://frostbrowntodd.com/app/uploads/2019/07/Colorful_Ropes_Knot-270x500.jpg)
March 7, 2017 | Blogs
The Department of Health and Human Services (HHS) released final regulations on Section 1557 of the ...
![A red megaphone is held close to a person's ear against a green background.](https://frostbrowntodd.com/app/uploads/2019/07/RedHorn_Ear-270x500.jpg)
November 9, 2016 | Blogs
Payments under an Opt-Out Arrangement are included in the Health Coverage Affordability Calculatio...
![Multiple yellow sticky notes with "DON'T FORGET!" written on them are attached to a string by wooden clothespins.](https://frostbrowntodd.com/app/uploads/2019/07/DontForget_StickyNote-270x500.jpg)
October 5, 2016 | Blogs
At the end of July 2016, the Department of Labor (DOL), Internal Revenue Service (IRS), and Pensio...
!["Best Practices for Successful Organizations"](https://frostbrowntodd.com/app/uploads/2019/07/Best_Practice-270x500.jpg)
September 12, 2016 | Blogs
In May of this year, the Equal Employment Opportunity Commission (EEOC) issued final rules on how ...
![A green road sign with the word "RETIREMENT" on it against a cloudy sky backdrop.](https://frostbrowntodd.com/app/uploads/2019/07/retirement-sign-270x500.jpg)
September 6, 2016 | Blogs
After several rounds of proposals, the Department of Labor (DOL) published final regulations in th...
![gavel atop a document titled "tax law"](https://frostbrowntodd.com/app/uploads/2019/07/Tax_Law-270x500.jpg)
June 8, 2016 | Blogs
On May 4, 2016, the federal government issued new temporary and proposed regulations that address ...
![Interlocking metal gears with the words "OLD WAY" and "NEW WAY" engraved on them, symbolizing change and progression.](https://frostbrowntodd.com/app/uploads/2019/07/Old-way-New-way-change-adapt-evolve-270x500.jpg)
May 23, 2016 | Blogs
Last week, the Equal Employment Opportunity Commission (EEOC) released its final rules regarding w...
![A person in a suit stands confused in front of a chaotic, scribbled mess on a wall.](https://frostbrowntodd.com/app/uploads/2019/07/Confused-270x500.jpg)
May 11, 2016 | Blogs
As you probably know by now, the Affordable Care Act (ACA) deadline for filing Forms 1094-C and 10...
![A dimly lit wine cellar lined with wooden barrels along its brick walls.](https://frostbrowntodd.com/app/uploads/2019/07/Franchise-Beverage-Alcohol-Bourbon-Barrels-Aisle-270x464.jpg)
June 27, 2015 | Blogs
2.01 Introduction Being born and raised in Kentucky, there are few things we know (or do) better tha...
![A magnifying glass lies on top of financial documents next to a calculator, suggesting a detailed financial analysis or audit.](https://frostbrowntodd.com/app/uploads/2019/07/Market-Conduct-270x500.jpg)
May 22, 2015 | Blogs
In a unanimous decision issued on May 18th, the United States Supreme Court held that employers ha...
![A close-up of the flag of Kentucky featuring a seal with two figures shaking hands surrounded by the state's motto and a wreath of goldenrod.](https://frostbrowntodd.com/app/uploads/2019/07/Kentucky_Flag-270x500.jpg)
May 5, 2015 | Blogs
On April 1, 2015, Kentucky Governor Steve Beshear signed into law House Bill 440, which includes s...
![A pen rests on a printed stock market report with numbers and graphs.](https://frostbrowntodd.com/app/uploads/2019/07/Pen_Stocks-270x500.jpg)
January 12, 2015 | Blogs
Beginning January 1, 2015, employers have burdensome new reporting obligations for health plan cov...
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November 27, 2014 | Blogs
In follow-up to Part I of this article which covered the Federal Excise Tax (“FET”) consideratio...
![Calculating Taxes Numbers Concept](https://frostbrowntodd.com/app/uploads/2019/11/Cathcing-Numbers-Bucket-270x500.jpg)
June 1, 2014 | Blogs
For those in the business, manufacturers, wholesalers, distributors, importers, dealers and retailer...
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September 13, 2007 | Blogs
In today’s world, United States citizens regularly travel to foreign countries for vacation an...
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