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White House: Tax Reform Coming in March

By Amanda Wilson on Feb 23, 2017 in government, irc, IRS, lowndes, Tax, tax reform, International

By:  Amanda Wilson The White House announced that President Trump's tax reform plan will be coming soon (around March 13th).  Stay tuned!

Treasury Cracking Down on Secret Real Estate Sales

By Amanda Wilson on Jan 14, 2016 in irc, IRS, Real estate, Tax, treasury, International, LLC

By:  Amanda Wilson There was an interesting story this morning on CBS about the Treasury Department cracking down on secret real estate sales.  Going forward, buyers and sellers may be limited in their ability to hide behind limited liability...

Beware Transferee Liability

By Amanda Wilson on Oct 15, 2015 in irc, IRS, Tax, transferee, medical marijuana, S Corporation, International

By:  Amanda Wilson One of the great features of corporations is that liability in the corporation generally does not extend to its shareholders, including tax liability.  Like any rule, though, there is almost always an exception.   In this case,...

IRS Finalizes Regs on F Reorgs

By Amanda Wilson on Sep 24, 2015 in International, irc, IRS, Other

By: Amanda Wilson The IRS has finalized its regulations  on Section 368(a)(1)(F) reorganizations.  An F reorganization is characterized as a mere change in the identity, form, or place of organization of one corporation. The final regulations...