NB. This article is waiting final publication from the author.
Until such approval this article is not accessable on the Mondaq Service.
More Popular Related Articles on Tax from USA
An insurance policy is a valuable asset, as long as you own both the death benefit and the cash surrender value.
Sullivan & Worcester LLP
Once upon a time, the United States federal income tax laws were largely about determining your federal taxable income and then calculating and paying the appropriate amount of income tax.
"Some people say not to worry about the air. Some people have never had experience with air."
Foley Hoag LLP
Cayman Islands investment entities are currently subject to three separate regimes relating to financial account information reporting: U.S. FATCA, U.K. FATCA and the OECD Common Reporting Standard (CRS).
Morrison & Foerster LLP
On April 4th, the IRS issued proposed regulations under Section 385 which could dramatically change how related-party indebtedness is treated for federal income tax purposes.
Deflategate and the NFL's suspension of quarterback Tom Brady for 4 games has been the NFL's biggest news story of the past two years.
Nutter McClennen & Fish LLP
Last month in this blog, we described five ways to be diligent about documenting charitable gifts of cash or out-of-pocket expenses to preserve your tax deduction. But what about gifts of property – does giving something other than cash change the taxpayer's responsibilities? According to the tax regulations, the answer is no and yes.
Butler Snow LLP
On April 15, 2016, the IRS released Advice Memorandum 2016-001 reaching very different conclusions than those in the February CCA.