Corporate Taxes, Audits, Tax Cuts and Jobs Act

Last minute addition to your summer reading list: Rev. Proc. 2021-34, IRS guidance for implementing the final Section 451...

Eversheds Sutherland (US) LLP on 8/18/2021

On August 12, 2021, the IRS released Rev. Proc. 2021-34, setting forth procedural guidance to implement the final Section 451 regulations (Final Regulations). The revenue procedure not only provides the terms and conditions...more

Five Important Tax Highlights from 2018

Chambliss, Bahner & Stophel, P.C. on 3/21/2019

2018 was a very active year for tax developments. The big story was the application of the substantial reforms of the Tax Cuts and Jobs Act of 2017, which took initial effect in 2018. But there were several other developments...more

IRS issues key audit directive for life insurers

Eversheds Sutherland (US) LLP on 9/14/2018

The Internal Revenue Service (IRS) Large Business and International (LB&I) division recently released an Industry Director’s Directive (IDD) that provides key guidance for life insurers. The IDD is the product of a two-year...more

Bracewell Tax Report: April 2018 part 2

Bracewell LLP on 5/3/2018

The Bracewell Tax Report is a periodic publication focused on developments in federal income tax law, including the recently enacted Tax Cuts and Jobs Act, with emphasis on how such developments impact the energy, technology...more

Bracewell Tax Report: February 2018 #2

Bracewell LLP on 3/1/2018

The Bracewell Tax Report is a periodic publication focused on developments in federal income tax law, including the recently enacted Tax Cuts and Jobs Act (TCJA), with emphasis on how such developments impact the energy,...more

SEC Issues Staff Guidance on Tax Act’s Accounting Impact

Skadden, Arps, Slate, Meagher & Flom LLP on 12/27/2017

The SEC staff released the following statement on December 22, 2017. We will monitor this guidance and provide any relevant updates. The Securities and Exchange Commission today announced publication of staff guidance for...more