By: Amanda Wilson In a July 2nd statement, the House Ways and Means Committee indicated that they intend to tie much needed highway funding to their goal of tax reform. Particularly, corporate tax reform. It is unclear whether the Republicans will...

By: Amanda Wilson Yesterday, Senator Al Franken sent a letter to the Department of Treasury taking aim at "carried interest" income. In the letter, Senator Franken asked the IRS to revise Form 1065 (the tax return form for partnerships) to require...

By: Amanda Wilson In order to qualify for the tax advantages available for real estate investment trusts ("REITs"), the majority of a REIT's assets must qualify as "real property". As the areas that REITs are investing in continue to grow, we are...

By: Amanda Wilson Earlier this year, I posted about the possibility that the NFL may lose its tax exempt status. The NFL has decided instead to give up its tax-exempt status. It has been estimated that the tax-exempt status only saved the NFL about...