Apr 6, 2020It may have taken a pandemic, but think twice before treating a cost as QIPThe CARE Act, enacted on March 27, 2020 included, among other Congressional wish list items, the technical correction to the drafting...
Nov 12, 2019Partial Disposition Audit GuidanceThe LB&I Concept Unit of the Internal Revenue Service recently issued a guide for examining taxpayers electing to recognize a partial...
Sep 10, 2019Possible TCJA correction to residential rental propertyUnlike the qualified improvement property error, correcting this would help owners of residential rental property reduce taxable income...