May 13, 2022 | Blogs

When Section 1202 was enacted in 1993, a 50% gain exclusion applicable to the sale of qualified smal...

April 20, 2022 | Blogs

The federal Opportunity Zone tax incentive program has facilitated substantial new investment in des...

April 19, 2022 | Blogs

Section 1045 allows stockholders to reinvest on a pre-tax basis, proceeds from the sale of qualified...

April 19, 2022 | Blogs

Section 1045 allows stockholders to reinvest on a pre-tax basis, proceeds from the sale of qualified...

April 19, 2022 | Blogs

A stockholder must hold qualified small business stock (QSBS) for more than five years in order to c...

April 8, 2022 | Blogs

Now that much of the craziness and uncertainty of the COVID-19 pandemic has passed, which affected t...

April 1, 2022 | Blogs

This article was originally published in Law360 Tax Authority. After making its way through the Ohi...

March 31, 2022 | Blogs

The Taxpayer Advocate Service recently released the National Taxpayer Advocate’s 2021 Annual Repor...

March 30, 2022 | Blogs

Last week, the Kentucky General Assembly passed 2022 House Bill (HB) 500, which will boost Kentucky�...

March 29, 2022 | Blogs

Indiana recently enacted a state Affordable and Workforce Housing Tax Credit (the “Affordable Hous...

March 9, 2022 | Blogs

This article was originally published in Law360 Tax Authority. When the Louisville Metro Revenue Com...

March 8, 2022 | Blogs

While the Kentucky General Assembly debates passing significant tax reform legislation during the 20...

March 3, 2022 | Publications

Kentucky is in the midst of a potential solar boom with over 30 projects filed with the Electric Gen...

February 25, 2022 | Blogs

Following the Tax Foundation and Kentucky Chamber of Commerce’s report published this winter detai...

February 16, 2022 | Blogs

We have discussed in previous articles the potential benefits of operating a start-up as a C corpora...

February 11, 2022 | Blogs

While Kentucky local tax reform has been on the legislative agenda for decades in the Commonwealth, ...

January 26, 2022 | Blogs

Section 1202 allows taxpayers to exclude gain on the sale of QSBS if all eligibility requirements ar...

January 24, 2022 | Blogs

The Kentucky Department of Revenue (the “Department”) administers the central assessment of all ...

January 20, 2022 | Publications

On December 21, 2021, the Department of Labor (DOL) issued a Supplemental Statement clarifying earli...

January 7, 2022 | Blogs

The Ohio General Assembly passed House Bill 228, which will change the way municipal net profits tax...

January 6, 2022 | Blogs

House Bill 176, introduced by Rep. Ken Fleming (R) on the first day of the 2022 Kentucky Legislative...

December 18, 2021 | Publications

Tax increment finance (TIF) legislation continues to evolve in many states within the Frost Brown To...

December 14, 2021 | Blogs

Being from Kentucky, there are few things we know (or do) better than bourbon. Virtually from birth,...

December 1, 2021 | Blogs

This article was originally published in Law360 Tax Authority. Ohio H.B. 126, which proposes to mod...

November 3, 2021 | Blogs

On September 13, 2021, legislation emerged from the House Ways and Means Committee that included an ...

October 27, 2021 | Publications

On October 13, 2021, the Department of Labor (DOL) released its proposed “Prudence and Loyalty in ...

October 26, 2021 | Blogs

In our previous articles, we have considered various reporting and tax implications associated with ...

October 21, 2021 | Blogs

In June, Senators Charles Grassley and Angus King introduced the Accelerating Charitable Efforts Act...

October 14, 2021 | Blogs

Tax distributions provided for in a shareholder agreement of an S Corporation or in an operating agr...

October 12, 2021 | Blogs

With a market cap of $2.4 trillion and revenue of $275 billion in 2020, Apple, Inc. (“Apple”) is...

October 7, 2021 | Blogs

This article was originally published in Law360 Tax Authority. With a market cap of $2.4 trillion a...

October 7, 2021 | Blogs

Planning for an investment home run – increasing the standard Section 1202 $10 million gain exclus...

September 30, 2021 | Blogs

The number of private companies electing to go public through a transaction (referred to in this art...

September 29, 2021 | Blogs

This article addresses the consequences of “transfers at death” of qualified small business stoc...

September 27, 2021 | Blogs

On August 31, 2021, the Pandemic Response Accountability Committee (PRAC) released its report detail...

September 16, 2021 | Blogs

When Congress enacted Section 1202, it noted that the gain exclusion was intended to “encourag...

September 13, 2021 | Blogs

While the boom of cryptocurrency in the United States has led to several developments and changes to...

September 3, 2021 | Blogs

Congress enacted Section 1202[i] based on the premise that the possibility of a $10 million gain exc...

September 3, 2021 | Blogs

This article addresses the importance of having bona fide (non-federal income tax) business and pers...

September 2, 2021 | Publications

The Department of Labor (DOL) issued “temporary implementing FAQs” on July 26, 2021. The FAQs cl...

September 2, 2021 | Blogs

This article was originally published in Law360 Tax Authority. Kentucky’s sales and use tax e...

September 2, 2021 | Blogs

The U.S. solar energy industry has experienced huge growth in recent years. More companies are enter...

August 4, 2021 | Blogs

Ohio Senate Bill (SB) 57 was signed into law on April 27, 2021 by Governor Mike DeWine. Among other ...

July 30, 2021 | Blogs

As the world transitions out of COVID-19 lockdown, one of the most visible pandemic trends in the pr...

July 20, 2021 | Blogs

In December 2020, Ohio Governor Mike DeWine signed Senate Bill 39, which created a new insurance pre...

July 13, 2021 | Blogs

The Paycheck Protection Program (PPP) was introduced with the CARES Act in 2020 in an effort to assi...

July 2, 2021 | Blogs

In what was a whirlwind of a shorter than normal 2021 regular session, the General Assembly had the ...

June 24, 2021 | Blogs

As discussed at length in my prior article (KY Passes New Tax Breaks for Cryptomining), Kentucky rec...

June 16, 2021 | Blogs

On June 1, 2021, the Tennessee Department of Revenue published Letter Ruling # 21-05,[1] providing n...

June 15, 2021 | Publications

On May 18, 2021, the Internal Revenue Service (IRS) released Notice 2021-31 (“Notice”), a set of...

June 12, 2021 | Blogs

While approximately 100 environmental rules and policies were rolled back or altered during the econ...

June 6, 2021 | Blogs

The tobacco industry has always been complicated from a tax and regulatory standpoint, but recent an...

June 3, 2021 | Blogs

In our previous article, we discussed the increasing problem of cybersecurity breaches resulting in ...

June 1, 2021 | Blogs

In our December and February Kentucky Tax Talk articles, we covered what to watch for going into the...

June 1, 2021 | Blogs

This article was originally published in Law360 Tax Authority. One company’s garbage is another c...

May 21, 2021 | Blogs

During the past several years, there has been a marked increase across the country in the use of C c...

May 18, 2021 | Blogs

The shutdown of worksites and childcare facilities in 2020 presented many challenges for both employ...

May 14, 2021 | Blogs

On May 6, 2021, the U.S. Department of Labor (DOL) issued a final rule that withdraws a Trump-era ap...

May 12, 2021 | Blogs

On April 14, 2021, the U.S. Department of Labor (DOL) issued guidance on cybersecurity for employee ...

May 11, 2021 | Blogs

The American Rescue Plan Act of 2021 (ARPA) was enacted on March 11, 2021. Among its many provisions...

May 3, 2021 | Blogs

The Department of Labor (DOL) recently issued four model notices that employers can use to provide t...

April 30, 2021 | Blogs

While the development of solar and alternative energy continues to grow in the United States, with i...

April 16, 2021 | Blogs

Beginning in March 2020, pandemic-driven lockdowns, home quarantines, and general isolation made it ...

April 15, 2021 | Blogs

During the past several years, there has been a marked increase across the country in the use of C c...

April 13, 2021 | Blogs

The most discussed issue during West Virginia’s 2021 legislative session was the proposed repeal o...

April 9, 2021 | Blogs

Like the federal government and other states, Ohio grants nonprofit organizations the benefit of cer...

April 5, 2021 | Blogs

The choice of entity decision is a critical step in every company’s life cycle. At its onset, a bu...

April 1, 2021 | Blogs

In Announcement 2021-7 issued on March 26, 2021, the IRS announced that amounts paid for personal pr...

March 29, 2021 | Blogs

Kentucky has long been considered a national leader in the manufacturing industry given its low cost...

March 24, 2021 | Blogs

Synopsis The distribution of a C corporation’s assets to its shareholders often triggers a hea...

March 17, 2021 | Blogs

In his 2021 State of the State Address, West Virginia Governor Jim Justice proposed a repeal of the ...

March 17, 2021 | Blogs

With a shorter than usual legislative session, an outstanding budget for the 2022 fiscal year, and s...

March 17, 2021 | Blogs

During the past several years, there has been a marked increase across the country in the use of C c...

March 10, 2021 | Blogs

On January 13, 2021, the IRS posted final Treasury Regulations for Section 1061 of the Internal Reve...

March 10, 2021 | Blogs

Hedge fund, private equity and real estate professionals are often compensated through the grant of ...

March 5, 2021 | Blogs

In the wake of the COVID-19 pandemic, many businesses and government agencies have made changes to a...

February 22, 2021 | Blogs

Only the issuance of “stock” triggers the running of Section 1202’s five-year hold...

February 19, 2021 | Blogs

Many M&A transactions are structured to include a rollover of some percentage of the target comp...

February 12, 2021 | Blogs

This blog post summarizes the steps an employer must take if it wants to appeal an assessment of wit...

February 11, 2021 | Blogs

Pension plan and 401(k) plan fiduciaries, including employers who are the plan administrators under ...

February 11, 2021 | Blogs

It’s that special time of year again, tax season. When it comes to filing income taxes, many taxpa...

February 10, 2021 | Blogs

Published reports suggest that many businesses, including HBO, Xerox, Garmin, ExecuPharm and several...

February 4, 2021 | Publications

The valuation of a private company’s stock is central to the operation of an employee stock owners...

February 4, 2021 | Blogs

To say that 2020 was a year that brought about many changes would be an understatement, and many pan...

January 28, 2021 | Blogs

During the 21st century, financial buyers such as private equity sponsors (PE firms) have dramatical...

January 28, 2021 | Blogs

Given the projected loss in tax revenue in 2020, and beyond, due to the COVID-19 pandemic, states ar...

January 27, 2021 | Blogs

A typical part of the sale of a business is the rollover of some equity by the target company’...

January 22, 2021 | Blogs

When the federal government released its Paycheck Protection Program (PPP) in March 2020 as a part o...

January 19, 2021 | Publications

On December 29, 2020, Ohio Governor Mike DeWine signed Senate Bill 39, creating a new tax credit app...

January 15, 2021 | Blogs

The Coronavirus Aid, Relief and Economic Security (CARES Act), signed into law on March 27, establis...

January 15, 2021 | Blogs

Imagine that you are the chief financial officer of an aftermarket automotive parts company named Su...

January 13, 2021 | Blogs

At 5,593 pages, the Consolidated Appropriations Act, 2021 (“Act”) is the longest bill ever passe...

January 11, 2021 | Blogs

Recently, Bloomberg Tax & Accounting released its 2020 Trust Nexus Survey gathering states’ va...

January 5, 2021 | Blogs

President Trump’s recent veto and the subsequent override aside, the National Defense Authorizatio...

January 4, 2021 | Blogs

For companies seeking to attract and retain key employees, there often comes a time when discussions...

December 22, 2020 | Blogs

State legislatures, like the rest of us, could never have predicted how 2020 would unfold. Kentucky ...

December 3, 2020 | Blogs

On Sept. 29, the Supreme Court of Ohio released its decision in Defender Security Co. v. McClain[1] ...

November 30, 2020 | Blogs

On November 10, 2020, the U.S. Supreme Court heard oral arguments (via teleconference) on the latest...

November 19, 2020 | Blogs

In Antero Resources Corporation v. Dale W. Steager, State Tax Commissioner of West Virginia, Case No...

November 18, 2020 | Blogs

A federal district court recently called investments in private companies that participate in a mult...

November 13, 2020 | Blogs

Many small businesses are structured as pass-through entities for federal income tax purposes.[1] We...

October 26, 2020 | Blogs

Beware of Mixing Section 1202’s Version of Oil and Water – S Corporations and QSBS Our Section 1...

October 21, 2020 | Blogs

This article was originally published in Law360 Tax Authority. On Aug. 31, Kentucky Gov. Andy Beshe...

October 16, 2020 | Blogs

End of Year Landscape As we approach the end of 2020, several factors in this historic year signal a...

October 2, 2020 | Blogs

In Notice 2020-68 (Notice), the Internal Revenue Service (IRS) provided guidance on several provisio...

September 25, 2020 | Blogs

The IRS recently updated the tax notice, “Your Rollover Options,” which 401(k) and other qualifi...

September 21, 2020 | Blogs

This article was originally published in Law360 Tax Authority. The drop-down LLC transaction has be...

September 18, 2020 | Blogs

Every state provides several state and local tax exemptions, credits, abatements and incentives for ...

September 18, 2020 | Blogs

With the corporate tax rate reduced from 35% to 21%, we have experienced a heightened awareness that...

September 4, 2020 | Blogs

On August 31, 2020, Governor Andy Beshear signed an Executive Order to restructure the Public Protec...

September 2, 2020 | Blogs

The Department of Treasury recently released guidance, Notice 2020-65, to clarify President Trump’...

August 31, 2020 | Blogs

Now more than ever, companies and organizations are evolving to allow employees to work from home. S...

August 27, 2020 | Blogs

This article was originally published in Law360 Tax Authority. Since Gov. Andy Beshear’s decl...

August 20, 2020 | Blogs

The IRS has now answered many of the new questions raised after the Coronavirus Aid, Relief, and Eco...

August 14, 2020 | Blogs

Many areas of life have slowed down, and in some cases come to a complete halt, because of the COVID...

August 13, 2020 | Blogs

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a relief package in response to ...

August 13, 2020 | Blogs

As employers look for ways to reduce expenses or address cash flow issues, many are considering a re...

August 11, 2020 | Blogs

In Notice 2020-46 (the “Notice”), the Internal Revenue Service (IRS) created a new avenue for em...

August 5, 2020 | Blogs

With the corporate federal income tax rate reduced from 35% to 21%, there is a renewed interest in c...

August 3, 2020 | Blogs

On June 29, 2020, the U.S. Department of Labor (DOL) proposed a new prohibited transaction exemption...

July 22, 2020 | Blogs

In a recent Information Letter (the “Letter”), the Department of Labor (DOL) clarified that defi...

July 21, 2020 | Blogs

A plan investment policy statement (IPS) is a written statement intended to provide a plan’s inves...

July 20, 2020 | Blogs

The Trump administration has just issued a new proposed rule which, if finalized, will provide great...

July 16, 2020 | Blogs

Two bills from the House of Representatives (H.R.2, the Moving Forward Act, and H.R.3967, the Munici...

July 10, 2020 | Blogs

Since its inception, the Affordable Care Act (ACA), also known as Obamacare, has been challenged for...

June 29, 2020 | Blogs

As the economy starts to open, sellers of businesses are uniquely positioned to potentially capture ...

June 24, 2020 | Coronavirus Response Team

Executive employment contracts and compensation have been more heavily scrutinized for the last coup...

June 22, 2020 | Blogs

In response to the ongoing COVID-19 pandemic, the Internal Revenue Service (“IRS”) recently issu...

June 22, 2020 | Blogs

This article was originally published in Law360 Tax Authority. All employers, whether private corpor...

June 12, 2020 | Coronavirus Response Team

Proper Calculation of Qualified Health Plan Expenses Eligible for Sick and Family Medical Leave Tax ...

June 2, 2020 | Blogs

This article was originally published in Thomson Reuters Journal of Multistate Taxation and Incentiv...

June 2, 2020 | Blogs

As with many things in life and business, timing is important. The same was true with regards to the...

June 1, 2020 | Coronavirus Response Team

As states continue to enforce and extend stay-at-home executive orders, and many businesses opt to a...

May 27, 2020 | Blogs

The Internal Revenue Service (IRS) released Notices 2020-29 and 2020-33 (Notices) on May 12, 2020. T...

May 19, 2020 | Blogs

Navigating through recapitalizations, reorganizations, stock splits, reverse stock splits, tax free ...

May 8, 2020 | Blogs

In an earlier article titled “Rollover Equity Transactions 2019,” we discussed the vario...

May 7, 2020 | Blogs

Employers, insurers and benefit plan vendors are all impacted by new guidance issued by the Departme...

May 1, 2020 | Coronavirus Response Team

While the Paycheck Protection Program (PPP) created by the federal CARES Act in response to the COVI...

April 30, 2020 | Blogs

Due to the coronavirus pandemic, the Internal Revenue Service extended the restatement deadlines for...

April 29, 2020 | Blogs

The commonwealth’s primary concerns have drastically changed since the start of the 2020 General A...

April 21, 2020 | Blogs

“When written in Chinese, the word crisis is composed of two characters – one represents danger ...

April 20, 2020 | Blogs

While the CARES Act offers significant benefits to business owners in hard-hit industries, this comp...

April 20, 2020 | Blogs

While the CARES Act offers significant benefits to business owners in hard-hit industries, this comp...

April 16, 2020 | Blogs

Authority and Role of Department of Revenue’s Interpretation of the Law One of the basic rules you...

April 16, 2020 | Blogs

The Coronavirus Aide, Relief and Economic Security Act (CARES Act) provides businesses with various ...

April 14, 2020 | Blogs

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a sweeping third-wave relief pac...

April 13, 2020 | Blogs

As U.S. taxpayers grapple with impacts of the COVID-19 disruption, Congress continues to offer relie...

April 10, 2020 | Coronavirus Response Team

Tennessee has joined the ranks of states allowing remote witnessing and notarization of wills and ot...

April 8, 2020 | Blogs

Code section 139 excludes from taxable income “qualified disaster relief payments” made to reimb...

April 8, 2020 | Blogs

The Families First Coronavirus Response Act (FFCRA) and Coronavirus Aid, Relief and Economic Securit...

April 7, 2020 | Blogs

In the wake of the recent global pandemic, many clients have reached out to the Frost Brown Todd tax...

April 3, 2020 | Blogs

In the wake of the coronavirus disruption, taxing authorities across the United States are adjusting...

April 1, 2020 | Coronavirus Response Team

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a sweeping third-wave relief pac...

April 1, 2020 | Blogs

On March 18, 2020, the president signed the Families First Coronavirus Response Act (H.R. 6201, the ...

March 31, 2020 | Blogs

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a sweeping third-wave relief pac...

March 27, 2020 | Blogs

When a married individual dies, every state has laws granting certain rights to the decedent’s sur...

March 27, 2020 | Blogs

Following the U.S. Senate’s approval of the CARES Act granting federal aid in response to the COVI...

March 27, 2020 | Blogs

The sweeping changes brought about by Ohio’s Novel Coronavirus Response Bill will directly affect ...

March 27, 2020 | Blogs

The House gave final passage to the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).�...

March 27, 2020 | Blogs

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a sweeping third-wave relief pac...

March 27, 2020 | Blogs

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a sweeping third-wave relief pac...

March 25, 2020 | Coronavirus Response Team

As businesses continue to grapple with how to best navigate the economic climate following the COVID...

March 25, 2020 | Blogs

As the coronavirus or COVID-19 outbreak has impacted almost every part of American business, many ow...

March 24, 2020 | Coronavirus Response Team

This alert focuses on whether, in the throes of the COVID-19 pandemic, plan sponsors can amend their...

March 23, 2020 | Coronavirus Response Team

With the turmoil and uncertainty surrounding the COVID-19 outbreak in the United States, it is impor...

March 23, 2020 | Coronavirus Response Team

As the COVID-19 pandemic continues, employers of all sizes are making difficult decisions about th...

March 23, 2020 | Coronavirus Response Team

While COVID-19 continues to cause panic across the United States, the federal government is not the ...

March 18, 2020 | Coronavirus Response Team

While many employers are closing their doors to stem the spread of the COVID-19 virus, other employe...

March 18, 2020 | Coronavirus Response Team

As COVID-19 continues on, more and more businesses and employers are either authorizing or requiring...

March 17, 2020 | Coronavirus Response Team

As the coronavirus pandemic evolves, the Federal Government is continuing to offer relief that will ...

March 17, 2020 | Coronavirus Response Team

Compliance concerns related to the Health Insurance Portability and Accountability Act (HIPAA), the ...

March 13, 2020 | Coronavirus Response Team

As the country is hit with a wave of event cancellations, school closures, and work-from-home direct...

March 10, 2020 | Blogs

As part of the Tax Cuts and Jobs Act of 2017 (“2017 Tax Act”), Congress created several headache...

March 2, 2020 | Coronavirus Response Team

Employers are in search of ways to help employees who have been severely and unexpectedly impacted i...

February 28, 2020 | Blogs

On December 20, 2019, the Setting Every Community Up for Retirement Enhancement Act of 2019 (the SEC...

February 21, 2020 | Blogs

Following the November Kentucky gubernatorial election, and the start of a new administration, the n...

February 17, 2020 | Blogs

This article is a guide for investors and fund sponsors who purchase, own and sell qualified small b...

February 4, 2020 | Blogs

When the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) became law o...

January 31, 2020 | Blogs

Should an owner conduct business in an entity taxed as a partnership or a corporation is a frequentl...

January 22, 2020 | Blogs

Now more than ever, businesses are focused on their environmental impact and sustainability goals. T...

January 17, 2020 | Blogs

This article is one of a series addressing planning issues relating to qualified small business stoc...

January 10, 2020 | Blogs

As part of the bill funding the federal government through next September, the Setting Every Communi...

January 6, 2020 | Blogs

A divided Sixth Circuit Court of Appeals panel ruled in the case of In re FirstEnergy Solutions Cor...

January 6, 2020 | Publications

Employers are required to annually report to the IRS all Incentive Stock Option (ISO) exercises and ...

December 20, 2019 | Blogs

In our October article, we discussed the 2019 Kentucky gubernatorial candidates’ respective plans ...

December 19, 2019 | Blogs

A recent Ohio Ninth District Court of Appeals’ decision in Karvo Paving Co. v. Testa[1] addressed ...

November 21, 2019 | Blogs

Revisiting Holding the Carried Interest Through an S Corporation Eighteen months ago, we published a...

November 12, 2019 | Blogs

401(k) Limits Increased for 2020 On November 6, 2019, the Internal Revenue Service issued the cost o...

November 1, 2019 | Blogs

A basic checklist of qualification requirements to help business owners and tax professionals consid...

October 31, 2019 | Blogs

On October 23, 2019, the Department of Labor (DOL) published a proposed rule outlining a new safe ha...

October 30, 2019 | Blogs

Introduction Tax legislation enacted this Spring and last in Kentucky is but the latest enhancement ...

October 23, 2019 | Blogs

On September 23, 2019, the IRS issued final regulations regarding hardship withdrawals from 401(k) P...

October 23, 2019 | Blogs

Last year was the year of significant tax reform in Kentucky, and 2019 is the year of clean-up (with...

October 2, 2019 | Blogs

Planting the Seed – How the Hemp Industry Began to Bloom Few products have ever taken the market b...

October 1, 2019 | Blogs

A lot has changed in the state and local tax world after the 2018 Wayfair[1] decision which finally ...

September 30, 2019 | Blogs

Nexus is nearly an impossible concept to grasp in most state and local tax (SALT) contexts as states...

July 16, 2019 | Blogs

An employer which participates in an underfunded multiemployer pension plan should request an estima...

July 16, 2019 | Publications

It isn’t unusual for shareholders holding vested stock in their target company to roll the sto...

July 9, 2019 | Blogs

On May 23, 2019, the U.S. House of Representatives passed the “Setting Every Community Up for Reti...

July 3, 2019 | Blogs

Kentucky’s 2018 Regular Session of the General Assembly brought sweeping changes to the state’s ...

June 17, 2019 | Blogs

Under IRC § 199A, some businesses that are not C corporations can claim an income tax deduction equ...

June 14, 2019 | Blogs

Hedge fund, private equity and real estate professionals value the carried interest because it allow...

June 7, 2019 | Blogs

In 2017, the IRS eliminated the ability of sponsors of individually-designed qualified retirement pl...

May 30, 2019 | Blogs

Despite being separate and distinct from “family law,” estate planning techniques and strategies...

May 24, 2019 | Blogs

Why are tax opinions especially relevant today? Recent changes in the tax laws have left taxpayers a...

May 22, 2019 | Blogs

The Importance of Tax Regulations and its Critical Role After Kentucky’s Recent Tax Reform As ...

May 22, 2019 | Blogs

Kentucky legislative sessions are always full of twists, turns, and surprises. The 2018 Regular Sess...

April 29, 2019 | Blogs

Are You Withholding Too Much on Nonqualified Deferred Compensation? If you have a nonqualified defer...

April 19, 2019 | Blogs

Kentucky taxpayers now have access to the state’s Department of Revenue (DOR) tax rulings. The cas...

April 12, 2019 | Blogs

As a part of the generational legislation on Kentucky tax passed last April via 2018 HB 486, the Gen...

April 12, 2019 | Blogs

Now is a good time for employers to review their COBRA procedures or check with their COBRA vendors ...

April 3, 2019 | Blogs

On March 7, 2019, the IRS issued Notice 2019-18, which walked back its prohibition on offering retir...

April 3, 2019 | Publications

I recently published an article focusing on the choice of entity decision for main street businesses...

March 29, 2019 | Blogs

Most closely held business owners recognize that a properly drafted and current buy-sell agreement ...

March 10, 2019 | Publications

What is an employee stock ownership plan (ESOP)?  An ESOP is a means of providing an identity of in...

February 2, 2019 | Blogs

The importance of regulations in the world of tax is often overlooked, but in many cases, regulation...

January 2, 2019 | Blogs

During the past year, numerous articles have summarized and analyzed the changes made by the Tax Cut...

August 30, 2018 | Blogs

Equity compensation (including options to purchase stock or LLC units, restricted stock or units, ...

August 20, 2018 | Blogs

Under IRC § 1202, 100% of gain on the sale of QSBS acquired after September 27, 2010, is generally ...

July 31, 2018 | Blogs

Tax reform in 2017 increased the exemption against the federal estate tax from about $5,600,000 to...

July 26, 2018 | Blogs

During the past decade, private equity investors and other financial buyers (referred to generally...

July 19, 2018 | Blogs

This article, authored by Frost Brown Todd's Mark Sommer, was originally published in Law360, and ...

July 16, 2018 | Blogs

Department of Labor (DOL) published its Final Rule, adding the new Section 2510.3-5 to CFR Title 2...

April 24, 2018 | Blogs

Investment fund managers value compensation in the form of carried interests, which allows them to ...

March 28, 2018 | Blogs

A multiemployer/union benefit plan is a plan that two or more employers contribute to under the te...

March 22, 2018 | Blogs

Beginning April 1, 2018, employers will need to be prepared to address Department of Labor (DOL) f...

March 12, 2018 | Blogs

The 2017 Tax Cuts and Jobs Act (the “2017 Tax Act”) ushered in several benefits for C corporatio...

February 26, 2018 | Blogs

During the past decade, the White House, Congress and the IRS have threatened on numerous occasions ...

February 23, 2018 | Blogs

The Tax Cuts and Jobs Act of 2017 created a new community development program that provides capita...

February 5, 2018 | Blogs

Taxpayers who qualify for the IRC § 199A deduction (the “Deduction”) will be one of the...

January 22, 2018 | Blogs

In the aftermath of the 1986 tax act and the introduction of LLCs, pass-through entities (LLC and S ...

December 21, 2017 | Publications

New laws governing IRS partnership audits (the “New Audit Rules”) were enacted during 2015 and a...

October 18, 2017 | Blogs

October 12, 2017, was an eventful day for the Affordable Care Act (ACA) because of two executive o...

August 3, 2017 | Blogs

The administration of hardship distributions can be one of the most significant burdens employers ...

July 31, 2017 | Blogs

Unanimous decision turns on reading of the language of the statute.

July 21, 2017 | Blogs

Open enrollment for employer-sponsored health and welfare benefits comes every year, usually with ...

July 6, 2017 | Blogs

When a participating employer stops contributing to, or stops having a bargaining agreement obligati...

March 21, 2017 | Blogs

Financial institutions and investment advisors have little certainty about compliance timing.

March 7, 2017 | Blogs

The Department of Health and Human Services (HHS) released final regulations on Section 1557 of the ...

November 9, 2016 | Blogs

Payments under an Opt-Out Arrangement are included in the Health Coverage Affordability Calculatio...

October 5, 2016 | Blogs

At the end of July 2016, the Department of Labor (DOL), Internal Revenue Service (IRS), and Pensio...

September 12, 2016 | Blogs

In May of this year, the Equal Employment Opportunity Commission (EEOC) issued final rules on how ...

September 6, 2016 | Blogs

After several rounds of proposals, the Department of Labor (DOL) published final regulations in th...

June 8, 2016 | Blogs

On May 4, 2016, the federal government issued new temporary and proposed regulations that address ...

May 23, 2016 | Blogs

Last week, the Equal Employment Opportunity Commission (EEOC) released its final rules regarding w...

May 11, 2016 | Blogs

As you probably know by now, the Affordable Care Act (ACA) deadline for filing Forms 1094-C and 10...

August 18, 2015 | Blogs

Federal tax law has recently been amended to confirm that certain payments to or on behalf of a publ...

June 27, 2015 | Blogs

2.01 Introduction Being born and raised in Kentucky, there are few things we know (or do) better tha...

May 22, 2015 | Blogs

In a unanimous decision issued on May 18th, the United States Supreme Court held that employers ha...

May 5, 2015 | Blogs

On April 1, 2015, Kentucky Governor Steve Beshear signed into law House Bill 440, which includes s...

January 12, 2015 | Blogs

Beginning January 1, 2015, employers have burdensome new reporting obligations for health plan cov...

November 27, 2014 | Blogs

In follow-up to Part I of this article which covered the Federal Excise Tax (“FET”) consideratio...

June 1, 2014 | Blogs

For those in the business, manufacturers, wholesalers, distributors, importers, dealers and retailer...

September 13, 2007 | Blogs

In today’s world, United States citizens regularly travel to foreign countries for vacation an...