This update surveys recent federal tax developments involving individuals, including court cases, rulings, and guidance ...

Hedge funds may face tax issues of entity structuring, carried interest, management fee waivers, and trading-related rules.

Taxing authorities’ use of these new tools and capabilities requires corresponding adoption by tax professionals.

The Fifth Circuit, overruling the Tax Court, held that for purposes of the Sec. 1402(a)(13) exclusion from self-employment ...

While recent legislation has further boosted the benefits of the qualified small business stock gain exclusion, official ...

Some leases and other contracts for priority access to electricity needed for new technologies may require 15-year ...

Adjustments under the disregarded-payment and foreign tax credit rules are often overlooked. This practical framework ...

Procedural issues involving entity change in mergers and acquisitions can be managed by attentiveness and, in many cases, ...

The Tax Court advised a taxpayer that filing a second petition would not allow another IRS Collection Due Process review.

Before requesting state private letter rulings, taxpayers and their advisers should carefully consider the benefits and risks ...

The decision to file an S election requires consideration of the tax year to be used by the S corporation. At the time  Form ...

Practitioners must leverage available technology, build effective communication strategies, and maintain comprehensive ...