Tax Law and International Tax Law

Property owners in Westchester County face a rapidly approaching June 16, 2026 deadline to challenge their 2026 tax year assessments, with twenty-two of thirty assessing jurisdictions sharing this critical date.

The Qualified Opportunity Zone program has undergone a major transformation with the passage of the One Big Beautiful Bill, shifting from a temporary framework to a permanent fixture with enhanced incentives and new rural investment categories.

Recent tax developments include New York City's new property tax surcharge on high-value pied-à-terre homes and potential changes to IRS Form 1040 that would require disclosure of citizenship status and dual citizenship. These policy shifts reflect growing efforts to address tax equity in luxury real estate markets and enhance transparency in tax reporting for individuals with complex international ties.

The House Ways and Means Committee has unanimously approved legislation to reform the IRS Whistleblower Program, addressing critical structural weaknesses that have plagued the system for years.

Understanding the legal framework surrounding cookies, privacy policies, and terms of service is essential for website operators and users alike. This content explores the intersection of digital consent mechanisms and legal compliance requirements. What obligations do organizations face when implementing tracking technologies on their platforms?

Many companies across Texas are investing in technology, equipment, and facilities to support growth.

Portability of estate and gift tax enables a surviving spouse to inherit any unused portion of their deceased spouse's federal estate and gift tax exemption, potentially doubling the exemption amount. While this powerful mechanism can help married couples preserve unused tax exemptions and minimize transfer tax liability, it is frequently misunderstood, underutilized, or improperly elected. Understanding the statutory framework, mechanics...

Employers continue to receive pitches for wellness and medical indemnity programs promising significant payroll tax savings, but recent IRS guidance makes clear these arrangements...

Federal courts are divided on whether the "limited partner exception" from self-employment tax applies only to passive investors or extends to all partners in limited partnerships with limited liability. With appeals pending in multiple circuits and the Fifth Circuit rejecting the Tax Court's functional analysis approach, the resolution of this controversy will significantly impact fund managers, professional service partnerships, and other passthrough business owners.

Global families investing in U.S. real estate face critical tax structuring decisions at acquisition that can either preserve wealth or create decades of avoidable exposure. How should international investors structure their U.S. property purchases to minimize estate tax, FIRPTA obligations, and state tax compliance issues before closing the deal?

The US Treasury and IRS have issued new proposed regulations modifying the applicability dates for Section 892 rules affecting foreign government investors, providing crucial transitional relief and grandfathering protection...

The US Internal Revenue Service has revised the applicability dates for proposed regulations under Section 892 affecting foreign government investments in the United States, providing crucial clarity on when new...