United States: Capital Gains Tax

Selling an S corporation involves complex tax and legal considerations that can significantly impact after-tax proceeds. This comprehensive analysis examines stock sales versus asset sales, IRC Section 338(h)(10) elections, F reorganizations, and other transaction structures, revealing how different approaches affect both sellers and buyers through detailed tax modeling and strategic planning insights.

Following adjournment of the 2026 Washington State legislative session on March 12, 2026, Governor Bob Ferguson signed into law several bills that repealed...

It is important to consider that gifts made within three years of a decedent’s death are “clawed back” into a decedent’s New York taxable estate.

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.

You have spent years, maybe decades, building something real. A business that employs people you care about, serves a community you are part of, and provides for a family that depends on you.

The OBBBA makes the New Markets Tax Credit program and Opportunity Zones permanent, unlocking long-term planning strategies.

In the early stages of most life sciences and other technology companies, momentum is driven by ideas that have future commercial value rather than immediate cash returns.

Since their creation in 2017, Opportunity Zones (or OZs) have channeled billions of dollars into over 8,700 designated census tracts nationwide, making the OZ program...

We are often asked by owners of limited liability companies (LLCs) to help them issue "profits interests" to service providers of their LLCs. At first glance...