The IRS and the Treasury Department issued proposed regs and reporting requirements for multi-year corporate separations and ...

On January 10, 2025, the Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) issued proposed ...

In the past week, devastating wildfires in Los Angeles, California, have caused unprecedented destruction across the region, leading to loss of ...

We at the Buchalter law firm understand that many have suffered greatly as a result of the recent wildfires. The loss of life ...

In the wake of the Los Angeles wildfires that have destroyed tens of thousands of acres and leveled entire communities, there is a significant ...

The “qualified small business stock” (QSBS) tax exemption under Section 1202 of the Internal Revenue Code allows non-corporate founders and ...

The U.S. Treasury Department and the IRS have released proposed regulations to update the rules for certain tax professionals ...

The Internal Revenue Service has been busy. On Friday, January 10, 2025, the IRS issued several notices of proposed rulemaking impacting ...

Fact checked by Giselle Cancio You can't find loopholes if you don't know the rules. The U.S. tax code is one of the most ...

U.S. taxpayers with foreign income face a complex interplay of tax obligations, including the potential to offset foreign ...

Section 6039 of the Internal Revenue Code (Code) requires a corporation to furnish a written statement to any employee or former employee who ...

On December 4, 2024, the US Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) issued final regulations, TD 10015, ...