Social Media Ideas for Tax Laws

Latest Tax Updates: Section 7508A Refund Claims, Whistleblower Award Eligibility, and Court Restrictions on IRS Collecti...

Wealth Tax Watch- A Mid-Year Update

Tax Law Update: June 2026

The most notable tax law developments of the past month

Technical Analysis of TD 10051: The Reclassification of Abusive CRAT Structures as Listed Transactions

TD 10051, July 9, 2026 The issuance of TD 10051, which finalizes the proposed rules set forth in REG-108761-22, represents a definitive strategic shift in the Internal Reven...

FG issues guidelines for new tax laws

The Federal Government has released transition guidelines for the Tax Acts 2025, clarifying how taxpayers and authorities will manage obligations under the Read More: https://punc...

IRS roundup: May 29 – June 8, 2026

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for May 29, 2026 – June 8, 2026. May 29, 2026: The US Department of the Treasu...

Taxation of Cryptocurrency Staking Rewards under Section 61

Alvie N. Paschall and Patricia C. Paschall v. Commissioner of Internal Revenue, T.C. Memo. 2026-46 (June 4, 2026) The litigation in Paschall v. Commissioner involves the tax t...

Navigating Complex Legal and Tax Challenges

The legal and tax landscape for law firms and professional services organizations in 2025-2026 is complex, affected by evolving regulations, economic nexus rules, and the rise of n...

Income-tax Rules, 2026 Rewrite PAN and Property Reporting Rules: What Every Taxpayer Must Know

Income-tax Rules, 2026 Rewrite PAN and Property Reporting Rules: What Every Taxpayer Must Know From PAN Quoting to Property Gifts, the New Rules Expand the Tax Department’s Digital...

Final regs. modify reporting obligations for Form 8308, Part IV

The final regulations published Tuesday by the IRS stick with the proposed regulations that modify information-reporting obligations for Part IV of Form 8308, Report of a Sale or E...

New York Appellate Court Upholds Workaround to Federal Preemption on State Sales Tax

States have the right to tax corporations doing business within their jurisdictions, but, pursuant to a federal law enacted in 1959, are prohibited from taxing net income of a corp...

Are Tariff Refunds Taxable? What Businesses and Importers Need to Know

If your business imports goods, you’ve probably heard about the ongoing debate over certain International Emergency Economic Powers Act (IEEPA) […] The post Are Tariff Refunds Taxa...

Income-tax Rules, 2026 Rewrite PAN and Property Reporting Rules: What Every Taxpayer Must Know

Income-tax Rules, 2026 Rewrite PAN and Property Reporting Rules: What Every Taxpayer Must Know   The tax administration in India is steadily moving from scrutiny based on paperwork...

Wyden's PPLI/PPVA Deja Vu Proposal: A Tax-Shelter Narrative, a Far Broader Statutory Rule and the Continuing Importance...

On April 13, Senate Finance Committee Ranking Member Ron Wyden (D-Or.) introduced the Protecting Proper Life Insurance from Abuse Act (S. 4279).1 The bill is substantively identica...

Has the Income-tax Act, 2025 Changed the Law on Capital Gains Exemption for Depreciable Assets?

Has the Income-tax Act, 2025 Changed the Law on Capital Gains Exemption for Depreciable Assets?   One of the most settled principles under the Income-tax Act, 1961 was that a deemi...

Budget law cements permanent capital gains exemption for employee ownership trusts

The new budget law rewrites tax rules advisors use for business sales and CPP

NRI Selling Property in India? Beware: TDS Rules Have Changed Under the New Income Tax Act, 2025

NRI Selling Property in India? Beware: TDS Rules Have Changed Under the New Income Tax Act, 2025   The sale of immovable property by Non-Resident Indians (NRIs) has always been a c...

IRS issues final regulations for workers who receive tips

Treasury and IRS recently issued final regulations on the “No Tax on Tips” deduction. These regulations list more than 70 occupations from tipped workers, to bartenders and water t...

IRS Roundup: May 18 – May 26, 2026

What 250 Years of Tax History Reveal About the US Tax Code

Just as many parts of American life have transformed over the past 250 years, so too has the federal tax system. While most taxes levied in the 18th century are still levied in som...

IRS designates certain CRAT arrangements as listed transactions

The final regulations target arrangements that the IRS says improperly use charitable remainder annuity trusts and annuities to eliminate ordinary income and capital gain on the sa...

Arizona HB 4168: Title 43 Income Tax Overhaul Aligned with the One Big Beautiful Bill Act (OBBBA)

HB 4168, June 13, 2026 (Signed by Governor Hobbs) On June 13, 2026, Governor Hobbs signed HB 4168 into law, enacting a comprehensive update to Arizona’s individual and corpora...

Bad-Facts FLP Causes Estate Tax Inclusion Under IRC Section 2036

An accuracy-related penalty was imposed on the tax deficiency.

HMRC Consults on Aligning the Taxation of Distributions from Non-UK Resident Companies