On January 10, 2025, the United States Internal Revenue Service (the "IRS") released final regulations (the "Final Regulations") under section 6011 of the Internal Revenue Code of 1986, as amended (the "Code"), that identify...more
On November 29, 2024, the United States Internal Revenue Service (the “IRS”) released final regulations (Final Regulations) relating to the allocation of recourse partnership liabilities under section 752 of the Internal...more
Join Williams Mullen for our hybrid 2025 Winter Tax Forum on Thursday, February 6th. Our speakers, Anna Derewenda, Kyle Wingfield, Kevin Bender, and Patrick Carr will provide an update on the following:
- New Basis...more
1/23/2025
/ Audits ,
Business Taxes ,
Continuing Legal Education ,
Debt Collection ,
Events ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
New Regulations ,
New Rules ,
Partnerships ,
Rollover Equity ,
S-Corporation ,
Tax Basis ,
Tax Liability ,
Tax Planning
Join our seasoned tax and estate planning attorneys on Wednesday, May 17th in Norfolk for the Williams Mullen Spring Tax Forum. Breakfast will be provided.
This program will dig into complex private equity structures, how...more
4/21/2023
/ Business Entities ,
Business Losses ,
Business Taxes ,
Continuing Legal Education ,
Convertible Debt ,
Estate Planning ,
Events ,
Partnerships ,
Private Equity ,
Safe Harbors ,
Tax Planning ,
Wealth Management
The Virginia Department of Taxation (Department) recently published Virginia Pass-Through Entity Tax Frequently Asked Questions for Taxable Years 2022 and After (FAQs). As summarized below, the FAQs provide helpful guidance...more
On October 31, 2022, the Virginia Department of Taxation (the “Department”) released draft guidance (the “Draft Guidelines”) on Virginia’s elective pass-through entity (PTE) tax, addressing how to make a PTE tax election for...more
Join Williams Mullen for our Winter Tax Forum on Thursday, December 1, 2022, where Farhad Aghdami will provide an update on recent wealth transfer tax developments and Kevin Bender will provide an update on a new IRS revenue...more
The IRS recently issued Revenue Procedure 2022-19 (“Rev. Proc. 2022-19” or “the Revenue Procedure”), offering taxpayers clarification and new simplified procedures for resolving certain issues related to S corporation...more
Join the Williams Mullen Private Client and Fiduciary Services team for our annual Fiduciary Focus event. This year’s agenda is packed with insights on recent developments affecting fiduciaries – including tax law updates...more
2/8/2022
/ Art ,
Asset Management ,
Charitable Trusts ,
Continuing Legal Education ,
Cryptocurrency ,
Estate Planning ,
Fiduciary ,
Irrevocable Trusts ,
Opportunity Zones ,
Qualified Small Business Stock ,
Retirement Plan ,
Tax Legislation ,
Tax Litigation ,
Tax Planning ,
Webinars
Please join us for the Spring Tax Forum to be held virtually on Tuesday, June 8, 2021. Register to join Jenny Connors, Philip Delano, Marie Yascko-Rosado and Kevin Bender for an informative discussion on the latest updates in...more
5/24/2021
/ Continuing Legal Education ,
Corporate Taxes ,
Income Taxes ,
Private Letter Rulings ,
Tax Exemptions ,
Tax Planning ,
Tax Rates ,
Transfer Taxes ,
UBIT ,
Wealth Management ,
Webinars
We invite you to attend our 12th Annual Fiduciary Focus program on Friday, February 26 – this year from the comfort of your desk. Our team will provide timely updates on wealth planning, including navigating potential changes...more
Many estate planning provisions of the Internal Revenue Code contain brackets, exemptions, exclusions, deductions, or other figures that the Internal Revenue Service (IRS) adjusts annually for inflation. Recently, the IRS...more
10/30/2020
/ Estate Planning ,
Estate Tax ,
Estate-Tax Exemption ,
Generation-Skipping Transfer ,
Gift Tax ,
Gift-Tax Exemption ,
Inflation Adjustments ,
IRS ,
Popular ,
Revenue Procedures ,
Tax Planning