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Tax Considerations in Real Estate Dispositions

By Amanda Wilson on Jan 7, 2016 in Other

Here is a recent article about tax considerations in real estate dispositions.

Shorter Built-in Gains Period for S Corporations

By Amanda Wilson on Dec 22, 2015 in Other, Congress, International, IRS, path act, S Corporation, Tax

By: Amanda Wilson An S corporation is a popular tax vehicle, as it allows for a single layer of tax instead of the double layer of tax imposed on regular corporations. Instead of the S corporation paying tax, the taxable income of the S corporation...

No Tax Deduction for Medical Marijuana Company

By Amanda Wilson on Oct 29, 2015 in Other, IRS, medical marijuana, tax court

By: Amanda Wilson As more and more states are allowing for medical marijuana or other legal uses of marijuana, it is important to recognize that the federal government's treatment of marijuana as a controlled substance can have more than criminal...

Undisclosed Foreign Bank Accounts - Watch Out!

By Amanda Wilson on Oct 22, 2015 in Other

By: Amanda Wilson Today's Wall Street Journal has an interesting article detailing the type of information many Swiss banks are disclosing to the Justice Department in order to avoid criminal prosecution for the banks' activities in helping U.S....