The White House has released several tax proposals, culminating with remarks by President Biden in a Congressional address. These proposals include the American Families Plan, for which the White House released a fact sheet...more
The final version of the proposed Tax Cuts and Jobs Act (the “Act”) was released on December 15, 2017. This legislation, unless amended again, is expected to be voted on this week in the U.S. House of Representatives and the...more
12/20/2017
/ 529 Plans ,
Bonds ,
Corporate Taxes ,
Estate Tax ,
Fund Managers ,
Gift Tax ,
Income Taxes ,
Investment Funds ,
Legitimate Business Interest ,
Master Limited Partnerships ,
Net Operating Losses ,
Partnerships ,
Pass-Through Entities ,
Proposed Legislation ,
Registered Investment Companies (RICs) ,
REIT ,
Small Business Investment Company ,
Tax Credits ,
Tax Cuts ,
Tax Deductions ,
Tax Rates ,
Tax Reform ,
Trump Administration ,
Tuition
The U.S. Senate passed its version of the GOP tax reform bill, the Tax Cuts and Jobs Act (the “Senate Bill”), on Saturday, December 2, 2017. Shortly before approving the Senate Bill, the U.S. Senate adopted a Manager’s...more
12/6/2017
/ Alternative Minimum Tax ,
Carried Interest ,
Corporate Taxes ,
Deductions ,
EBITDA ,
Estate Tax ,
FIFO ,
Individual Mandate ,
International Tax Issues ,
Mortgages ,
Net Operating Losses ,
Pass-Through Entities ,
Pending Legislation ,
Tax Deductions ,
Tax Rates ,
Tax Reform ,
UBTI