Taxes
Latest Taxes News
$187 Million In Charitable Deductions From A $9.5 Million Purchase
Big Escambia Ventures LLC is the tax matters partner in thirteen partnerships that are currently in Tax Court. Judge Albert…
State Tax Treatment Of IRA Energy Credits
Alysse McLoughlin and Katie Quinn of Jones Walker discuss state tax implications of the Inflation Reduction Act’s clean energy credits.…
Bitcoin Billionaire Saylor Will Settle D.C. Tax Suit For $40 Million
The Attorney General for the District of Columbia, Brian L. Schwalb, has announced a settlement with billionaire Michael Saylor and…
Streamlining State Tax Filing—New Jersey Proposed “EasyFile” Program
The New Jersey Senate is considering a bill, A1431, that would establish an “EasyFile” program, similar to the IRS Direct…
How To Use Your Zodiac Sign To Make Tax-Savvy Estate Planning Decisions
The abundance of advanced estate planning transaction options can often leave people feeling lost in legal jargon. If you’re searching…
IRS Can Deny Charitable Tax Deductions When You Get Something Back
Donations to charity are supposed to be motivated by generosity, not to benefit in a business deal in which you…
Biden’s Capital Gains Proposal: Unfair To Lifetime Entrepreneurs?
Biden’s new capital gains proposal aims to tax the rich, but really, it may unfairly penalize lifelong entrepreneurs and ordinary…
The Civil War Income Tax Was Failing. Could A Crackdown On Cheats Save It?
America’s first income tax was a disappointment, at least to the editors of Scientific American. In a January 9, 1864,…
Maximizing The Federal Gift Tax Annual Exclusion: A Brief Guide For Savvy Taxpayers
With the potential sunset of the Tax Cuts and Jobs Act forthcoming at the end of 2025, much of the…
U.S. Tax: 4 Tips For Americans Receiving A Foreign Inheritance
While an American may feel a mix of joy and sorrow when receiving a foreign inheritance—happy about the financial windfall…
