Tax Break for Commercial Real Estate Investors

June 1, 2022 | 0 views

COVID-19 impacted the economy dramatically and commercial real estate was no exception in terms of decreased values. Often, the real property could no longer service the debt used to finance it. This debt restructuring and resulting debt forgiveness can result...

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Secure 2.0 Retirement Bill

May 1, 2022 | 0 views

At the very end of March, the House of Representatives passed a version of the bill known as Secure 2.0. The bill passed the House with overwhelming bipartisan support in a 414-5 vote. The House version still needs to pass...

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What Every Taxpayer Needs to Know This Season

April 1, 2022 | 0 views

The IRS is currently suffering a severe backlog in processing returns from 2021 for the 2020 tax year. As of Dec. 31, there were still more than 6 million unprocessed individual returns with notices and pending refunds. There are a...

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Taxation of Legal Settlements and Fees

March 1, 2022 | 0 views

The taxation of legal settlements and fees is a complex topic. While the mechanics to make a proper claim are now easier, the rules are still complex. Below we look at six rules to consider when it comes to the...

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2022 U.S. Tax Legislation Forecast

February 1, 2022 | 0 views

No one knows for sure what 2022 will bring in the form of tax legislation, but there is certain to be some action. Top tax analysts think there are several topics that are likely to come up in 2022. Most...

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