The IRS Grants a Reprieve!
August 28, 2023
As we previously told you, section 603 of the SECURE 2.0 Act added section 414(v)(7) to the Internal Revenue Code. Section 414(v)(7) requires that catch-up
As we previously told you, section 603 of the SECURE 2.0 Act added section 414(v)(7) to the Internal Revenue Code. Section 414(v)(7) requires that catch-up
On Dec. 29, 2022, the IRS announced the 2023 optional standard mileage rates, which are used to calculate the deductible costs of operating an automobile
On December 29, 2022, President Joe Biden signed a mammoth piece of legislation called the Consolidated Appropriations Act, 2023, which funds the government for the
On March 21, 2022, the United States District Court for the Eastern District of Tennessee struck a major blow against the practice of the Internal
On March 3, 2022, the United States Circuit Court of Appeals for the Sixth Circuit issued its opinion in Mann Construction, Inc. et al v
For the first time in recorded history, the IRS has publicly withdrawn its challenge of a captive insurance company and has conceded the taxpayer’s deductions.
In a previous article, we told you about a case that was argued in the United States Supreme Court on October 6, 2020. That case,
The Patient Protection and Affordable Care Act, otherwise known as Obamacare, added sections 4375 and 4376 to the Internal Revenue Code. Section 4375 imposes a
Shortly after publishing its FAQ on the Families First Coronavirus Response Act (the “Act”), the Department of Labor (DOL) issued Field Assistance Bulletin No. 2020-1
On August 21, 2017, the United States Tax Court released its opinion in Benyamin Avrahami and Orna Avrahami v. Commissioner of Internal Revenue, and Feedback
