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With the tax recognition deadline of Dec. 31, 2026, still in place, taxpayers who wish to invest unrecognized gains in QOZs need to do so prior to Dec. 31, 2021, in order to obtain any step-up in basis benefit.
May 5
Chamberlain Hrdlicka -
The fate of the administration’s $4 trillion economic vision now rests with the lawmakers in a narrowly divided Congress.
May 5
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The Penn Wharton Budget Model says the White House mistook the cost of its child-care and education policies.
May 5
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Accountants can’t be complacent about their future, say leaders at the BDO Alliance annual conference.
May 5
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Business owners need to think carefully about whether to do a study before or after a rehab.
May 5
Engineered Tax Services -
Dark Horse CPAs is accelerating the path to ownership for its staff.
May 5
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Sovos buys Chilean e-invoicing and doc management company; and Workiva adds ESG reporting.
May 4
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Possibly more on stretch IRAs; addressing the gap; the SALT cap and progressive taxation; and other highlights from our favorite tax bloggers.
May 4
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Biden administration proposals could radically reshape how wealthy Americans are taxed.
May 4
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The estate of the late singer prevailed on the valuation of his name and likeness and the taxes owed to the IRS in a long-awaited Tax Court ruling.
May 4
