News & Insights

IRS Ramps Up Compliance Enforcement Against Certain Businesses

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The Inflation Reduction Act provided the IRS with billions of dollars of additional funding to reduce the so-called “tax gap” between what taxpayers owe and what they actually pay. The […]

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If Your Business Has Co-Owners, You Probably Need A Buy-Sell Agreement

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Are you buying a business that will have one or more co-owners? Or do you already own one fitting that description? If so, consider installing a buy-sell agreement. A well-drafted […]

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Tax Tips When Buying the Assets of a Business

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After experiencing a downturn in 2023, merger and acquisition activity in several sectors is rebounding in 2024. If you’re buying a business, you want the best results possible after taxes. […]

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IRS Extends Relief for Inherited IRAs

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For the third consecutive year, the IRS has published guidance that offers some relief to taxpayers covered by the “10-year rule” for required minimum distributions (RMDs) from inherited IRAs or […]

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IRS Issues Guidance on Tax Treatment of Energy Efficiency Rebates

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The Inflation Reduction Act (IRA) established and expanded numerous incentives to encourage taxpayers to increase their use of renewable energy and adoption of a range of energy efficient improvements. In […]

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