Search results
Supreme Court Clarifies Estate Tax Consequences for Closely Held Company | JD Supra
JD Supra· 19 hours agoThe Supreme Court of the United States issued an important ruling on June 6, 2024, clarifying the federal tax consequences of certain succession plans for closely held businesses. The Court ...
Gateway - Quartz
Quartz· 4 days agoTax revenue from non-withheld tax payments—checks sent in before April 15, not automatically taken out of paychecks—was down 37% from last year as of May 12, said Mark Booth, a financial consultant ...
Tax Breaks: Don't Buy TikTok Tax Misinformation
Forbes· 7 days agoOur latest edition of Tax Breaks. Plus: Qualified charitable distributions, statute of limitations, estate planning, value-added tax, industry updates, and more.
Minnetonka resident, former pilot convicted for federal tax crimes
Hometownsource.com· 3 days agoAccording to the United States Attorney’s Office, a federal jury recently found Minnetonka resident and former commercial airline pilot Charles Randall Sorensen guilty of tax evasion, filing false tax returns,
Supreme Court decision saves Trump-era tax change, dodges big loss in federal tax revenue
USA Today· 1 day agoWASHINGTON − The Supreme Court on Thursday upheld a controversial Trump-era tax on foreign income, a...
Client Advisory: Valuing Closely-Held Stock for Estate Tax Purposes | Connelly v. U.S. | JD Supra
JD Supra· 4 days agoIn determining the fair market value of the corporation at the time of the shareholder’s death, the issue was whether or not to include the value of the corporate-owned life insurance proceeds ...
Saint Augustine’s University Board of Trustees Chairman responds to lawsuit against him and board
NBC 17 Raleigh· 2 days agoSaint Augustine’s University Board of Trustees Chairman Brian Boulware is responding to a lawsuit against him and the Board of Trustees, calling it “fraught with lies and deceptions.…
Job Seekers Should Pay Close Attention To Benefits With Tax Perks
Forbes· 3 days agoQualified educational assistance programs—a provision found in section 127 of the tax code. Today, section 127 allows employers to pay employees up to $5,250 tax-free for educational assistance ...
US Supreme Court Affirms the Eighth Circuit’s Decision in Favor of the Government Concerning the...
The National Law Review· 4 days agoThe specific question presented was whether, in determining the fair market value of the corporate...
US Supreme Court Affirms the Eighth Circuit’s Decision in Favor of the Government Concerning the...
JD Supra· 4 days agoIn Connelly v. US, 602 US ___ (6/6/2024), the US Supreme Court affirmed a decision of the US Court of Appeals for the Eighth Circuit in favor of the government concerning the estate tax treatment ...