CTP

MARCH 30, 2023

At the end of 2018, to the dismay of the IRS and the Tax Court, the Second Circuit joined the First and Sixth in reversing the Tax Court’s decision in the Summa Holdings “substance over form” matter. The father and mother lived in New York and their two sons lived in Massachusetts. The Sixth Circuit in Summa Holdings, Inc.

income tax 98

income tax Ohio Massachusetts Tax 98

CPA Practice

OCTOBER 2, 2023

By Katelyn Washington, Kiplinter Consumer News Service (TNS) The IRS has granted Louisiana tax relief to areas of the state impacted by seawater intrusion. Affected taxpayers now have extended tax deadlines of Feb. 15, 2024, to file certain tax returns and make tax payments. 15, 2024, to file 2022 tax returns.

Louisiana 59

Louisiana Tax tax return Mississippi 59

CPA Practice

MARCH 9, 2023

Taylor, Kiplinger Consumer News Service (TNS) President Biden’s FY 2024 budget—released today—proposes several tax changes aimed at wealthier taxpayers. Among the tax proposals, which will likely stall in a divided Congress, are notable tax rate increases for Medicare and capital gains.

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Tax income tax Massachusetts corporation tax 105

CPA Practice

MARCH 15, 2023

Taylor, Kiplinger Consumer News Service (TNS) President Biden’s FY 2024 budget—released today—proposes several tax changes aimed at wealthier taxpayers. Among the tax proposals, which will likely stall in a divided Congress, are notable tax rate increases for Medicare and capital gains.

Tax 98

Tax income tax Massachusetts corporation tax 98