Worldwide: Capital Gains Tax

Ohio has opened a 30-day window for stakeholders to nominate census tracts for the next generation of federal opportunity zone designations, with the state projected to have 62 fewer zones than the original program.

Asset versus stock purchase structures create fundamentally different tax, liability, and operational outcomes in M&A transactions. Understanding how deal structure affects basis step-up, successor liability exposure, contract assignment requirements, and after-tax proceeds is essential for Oklahoma buyers and sellers navigating acquisitions in 2026, particularly following the OBBBA tax law changes that reshaped QSBS treatment and capital gains planning.

Last week, the IRS announced its annual Dirty Dozen list of tax scams for 2026 that threaten the tax and financial information of taxpayers, businesses, and tax professionals.