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A Tale of Three Freezes
Estate Taxation
As a general proposition, all estate freeze transactions share some common characteristics. These transactions generally…
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When Opportunity Knocks to Defer Tax on Gains: “Qualified Opportunity Funds"
Tax Reform
The 2017 Tax Cuts and Jobs Act includes a new tax incentive provision that is intended to promote investment in economically…
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Regulatory Roundup: July 25-31
Trusted Professional
AICPA July 30, 2018 Legislation Limiting Damage Awards Against State Regulatory Boards Has Backing of CPA Profession Press…
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Study: Awarding Green Cards to Undocumented Immigrants in Calif. Resulted in 700K Additional Tax Returns
NextGen
MarketWatch Immigration Reform and Control Act of 1986
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FASB Releases Tweaks to Lease Standard Aimed at Simplifying Implementation
Trusted Professional
The Financial Accounting Standards Board (FASB) has released Russell G. Golden and All entities, including early adopters,…
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Administration Seeks to Bypass Congress to Grant $100 Billion Tax Cut
Trusted Professional
New York Times
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Society Objects to ABV Credential for Non-CPAs
Advocacy
The NYSSCPA, in a July 25 comment letter, voiced its deep concern over the recent decision by the American Institute of CPAs…
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Swedish Bank, in Drive to Automate, Cuts 6,000 Human Workers
Trusted Professional
Bloomberg A recent poll another study An earlier study found
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Judge Delays Age Discrimination Class Action Against PwC
NextGen
Bloomberg BNA The suit
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