Capital Letters

Amidst the current whirlwind of uncertainty about pending legislation, let’s pause to be reminded of the projects in the somewhat more predictable Treasury – IRS Priority Guidance Plan.

The House Ways and Means Committee has taken a widely discussed (and in many respects exasperating) step to foretell the tax legislation we might see this year.

The Treasury Department’s General Explanations of the Administration’s Fiscal Year 2022 Revenue Proposals includes some details, but not a full explanation, of the Administration’s proposal to tax unrealized appreciation at the time of gifts, death, and other occasions.

2020 “top ten” developments includes societal health and racial justice issues, the election, valuation of interests in entities, and more.

There is not much new, but some significant affirmations of the old, in the compilation of guidance projects the Treasury and the IRS have announced their intention to focus on for the next seven months.

These 2019 “top ten” developments cover a variety of subjects, such as valuation, powerto tax, calculation of tax, income tax deductions, retirement planning, and wills. Dear Readers Who Follow Washington […]

For ten years, what might have seemed like routine and orderly tax guidance has fallen prey to a flood of interruptions and distractions, but it can still achieve substantive successes. […]

These 2018 “top ten” developments cover a variety of subjects and foreshadow several developments to watch for in 2019 and future years.

Proposed regulations should prevent “clawback,” but won’t prevent further discussion.

The Treasury-IRS Priority Guidance Plan for the 12 months ending June 30, 2019, confirms and clarifies the preview offered by the OMB’s government-wide agenda.