Tax Law Defined™ Blog
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Sun Capital Won This One, But Pension Plan Withdrawal Liability Still Presents a “Risky Gambit” to Private Equity FundsNovember 18, 2020 | Blogs
A federal district court recently called investments in private companies that participate in a mult...
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“Tax Attributes” that Protect from Income Taxes as “Property”November 13, 2020 | Blogs
Many small businesses are structured as pass-through entities for federal income tax purposes.[1] We...
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Section 1202 Tax Planning: Avoid Losing the Gain Exclusion!October 26, 2020 | Qualified Small Business Stock (QSBS)
Beware of Mixing Section 1202’s Version of Oil and Water – S Corporations and QSBS Our Section 1...
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Kentucky Tax Talk: What Appeals Board Reinstatement MeansOctober 21, 2020 | Blogs
This article was originally published in Law360 Tax Authority. On Aug. 31, Kentucky Gov. Andy Beshe...
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2020: A Year of Uncertainty Resulting in an Ideal Time for Year-End GiftingOctober 16, 2020 | Blogs
End of Year Landscape As we approach the end of 2020, several factors in this historic year signal a...
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IRS Provides Guidance on Long-Term, Part-Time Employees in 401(k) Plans, Qualified Birth and Adoption Distributions, and In-Service Distributions from Pension and 457(b) PlansOctober 2, 2020 | Blogs
In Notice 2020-68 (Notice), the Internal Revenue Service (IRS) provided guidance on several provisio...
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IRS Updates Retirement Plan Tax Notice for ParticipantsSeptember 25, 2020 | Blogs
The IRS recently updated the tax notice, “Your Rollover Options,” which 401(k) and other qualifi...
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Ohio Tax Talk: Structuring And Defending Drop-Down LLCsSeptember 21, 2020 | Blogs
This article was originally published in Law360 Tax Authority. The drop-down LLC transaction has be...
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Power Play – Emergence of Solar and Other Advancements in Energy Technologies May Light Up Old Manufacturing-Based SALT BenefitsSeptember 18, 2020 | Blogs
Every state provides several state and local tax exemptions, credits, abatements and incentives for ...
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Section 1202 and S CorporationsSeptember 18, 2020 | Qualified Small Business Stock (QSBS)
With the corporate tax rate reduced from 35% to 21%, we have experienced a heightened awareness that...
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What Was Old is New Again: Executive Order Reinstates Kentucky Board of Tax Appeals and Potential Bonding Requirements for Tax AppealsSeptember 4, 2020 | Blogs
On August 31, 2020, Governor Andy Beshear signed an Executive Order to restructure the Public Protec...
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IRS Issues Payroll Tax Deferral Guidance to Clarify Employer Obligations
September 2, 2020 | Blogs
The Department of Treasury recently released guidance, Notice 2020-65, to clarify President Trump’...